If we take a look into the official figures, it is believed that more than 80 percent of Australian adults take part in gambling activity of some kind, and it is considered to be the highest in the world. During the year 2007 to 2008, the states accumulated around $3 billion and $4.9 billion through poker machines and all sorts of gambling respectively; it makes around 9.1 percent of their entire revenue. This is the reason why NSW government gets around $1 billion and $1.6 billion from poker machines and all sorts of gambling respectively. So, it clearly shows that gambling is a widespread activity in most of the regions of Australia.
However, the present government is considering bringing new rules for poker players and some set of rules for online gambling. However, it will not change the situation of legal gambling in Australia so soon.
Games Allowed in Australia
When it comes to legal gambling games, most of the poker variations are allowed in the country. Some of the games allowed in the region are:
- Three Card poker
- Pai Gow
- Texas Hold’em poker
- Omaha poker
- Draw poker
- Seven Card Stud poker
When it comes to poker machine games in Australia, it is usually referred as Pokies. Apart from the above mentioned games, you may also find some casinos where games like Bingo (particularly the Housie), Sports betting, Lotteries like Tattslotto and Gold Lotto are considered as legal in the country.
Gambling Fees in Australia
The fees associated with gambling in Australia basically fall on the part of casinos. Most of the casinos pay a good amount of fees to the government, which adds up to around 10 percent of the state revenue. However, the casinos also have to pay a good amount of fees for obtaining the license. When it comes to the fees associated with the gamblers, it usually remains between 7 percent and 10 percent of the total deposit amount.
Australian Taxation Laws
It is good to know that no tax is charged on the winning amount in this country. Yes, money won through gambling is free from tax in Australia. Well, there are three reasons to support it.
In Australia, gambling is considered as recreational activity or hobby rather than a profession.
As per the government of Australia, money made through gambling is not considered as an income, but as an outcome of good luck.
The government charges tax from the gambling operators that is from the casinos rather than from the gamblers.
However, the tax amount varies from state to state and it also varies according to the gambling services. Some states also charge certain percentage of tax on the total turnover of the gambling sites.
Best Sites to Choose
Below are some of the popular sites where gambling is offered for the citizens of Australia:
- Vegas Palms Casino
- Sportingbet Australia
- Centrebet Australia
- Platinum Play Casino
- 7 Sultans Casino