🏛️ Early Beginnings (Before 2000)
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Introduction of Legal Betting:
Year Event 1980 Legalization of betting shops in Australia. -
Formation of TAB:
Year Event 1961 Formation of the Totalizator Agency Board (TAB) in New South Wales.
📈 The Rise of Online Betting (2000-2010)
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Launch of Online Betting Platforms:
Year Event 2001 Betfair launches online betting operations in Australia. -
Regulatory Changes:
Year Event 2003 The Interactive Gambling Act is implemented.
⚖️ Regulation and Compliance (2011-2020)
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Creation of New Licensing Framework:
Year Event 2012 Introduction of stricter licensing for online betting operators. -
Enhancements in Responsible Gambling:
Year Event 2016 Increased focus on responsible gambling measures across all betting platforms.
🔍 Recent Developments (2021-Present)
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Emergence of Innovative Technologies:
Year Event 2021 Implementation of AI and Machine Learning in betting platforms to enhance user experience. -
Expansion of Sports Betting:
Year Event 2023 Growth of in-play betting and esports betting popularity.
