Historical Overview of New Australian Bookmakers
2000s: The Rise of Online Betting
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2001: Regulation Changes 🏛️
Event Description Online Gambling Act Australia’s Federal Government introduces licensing for online gambling, paving the way for new bookmakers. -
2007: Sports Betting Boom 📈
Event Description Launch of New Bookmakers Several new online bookmakers enter the market, enhancing competition.
2010s: Technological Advancements
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2010: Mobile Betting Emergence 📱
Event Description Mobile Applications Significant innovations in mobile technology allow bookmakers to offer betting apps, attracting more users. -
2012: The Betting Exchange Evolution 🔄
Event Description Introduction of Betting Exchanges New platforms enable users to bet against each other, increasing betting options.
2020s: Continued Innovation and Regulation
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2020: COVID-19 Impact 🌍
Event Description Shift in Betting Preferences With sports halted, bookmakers diversify offerings to include eSports and virtual sports betting. -
2023: Stricter Regulations ⚖️
Event Description Revising Betting Laws Australian authorities implement stricter regulations on advertising and promotions in the betting sector.