Starting in October 2023, an important change in the regulation of online betting in Australia came into effect, attracting the attention of anyone interested in virtual betting.
The Sydney Morning Herald reports that the Australian government is introducing new measures to combat the country’s gambling problem. Under the new rules, all Australians registering an online betting account will immediately be subject to age and identity verification by operators before they can make transactions on their accounts
This is an important step towards the regulation of online gambling, which has been part of increased measures to tackle online betting related crimes such as money laundering and fraud. Every user must now go through a process of identity and age verification before interacting with online betting.