Online Gambling in Tasmania

Published Thursday, June 13, 2013 - Online-Casinos.com
Online Gambling in Tasmania

When one looks at the geographical location of Tasmania, an island off the south shores of Australia, it lends itself perfectly to a jurisdiction that could use the online gambling industry. Like other island locations the struggle to make an economic go of things is always there.

Tasmania has a Commission consisting of three board members that oversees the gambling activities in Tasmania. Online gaming is regulated in Tasmania by the Gaming Control Act of 1993. Major amendments to the Act came into effect in 1999 which extended the existing regulatory framework to also include gaming activities conducted via the Internet, telephone, and any other means of communication.

The Act does not include online poker or any other Internet-based gaming other than fixed-odds wagers of horse races, harness races, greyhound races, sports wagering, simulated games, totalizers and major lotteries. In 2005, the Act was amended to permit betting exchanges.

The Act also established the Tasmanian Gaming Commission, a regulatory body responsible for overseeing the day-to-day regulation of gaming, the administration of the Act as well as being responsible for considering gaming license applications and providing for the taxation of regulated gambling activities. The application fee for a Tasmanian Gaming License is $43,200. A Tasmanian Gaming License has effect not exceeding five years and is renewable and licensees may apply for another type of endorsement not already covered in the existing gaming license with no fee implemented; however, the costs incurred by the Commission in assessing a new endorsement are recovered from the license provider.

In early 2008, Tasmania was added to the white list of jurisdictions in the United Kingdom allowing operators to advertise online gambling in the U.K. Tasmania was one of the first three offshore jurisdictions to be added to the list. The Strategic Priorities of the TGC for the next three years was recently revealed by the Commission that include harm reduction and responsible gambling initiatives.

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