New report questions Australia online gambling ban

The Australian government might now reconsider its stance on online gambling following the publication of a report from the Australian Federal Productivity Commission. The Commission has just released the results of its comprehensive gambling study showing how the industry affects the country. As one of its proposals, it has recommended the removal of the online casino ban.

There are two main reasons for this. The first is that it is legally questionable in the first place. The second is that removing the ban will lead to a far greater level of protection for consumers. It also states that internet gambling is responsible for 4 percent of the market in its unregulated form, and that number is only going to rise. As a result, citizens should not be left in danger from an unregulated industry.

Licensing online casinos will provide protection for problem gamblers and for children, as well as helping to prevent fraud. It will also prove to be a sound economical decision. Other recommendations include setting daily withdrawal limits at ATMs at gambling locations and lowering the amount of money that can be lost on poker machines every hour to prevent big losses by problem gamblers.

The Commission fears for the growth of the unregulated industry in the country, and wants the government to rectify this. It stated that it “recommends that the Australian government allow online gaming subject to a strict regime of consumer protection.”

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