According to the Minister for the Department of Communications and the Arts, Mitch Fifield, these measures represent the most significant set of online gambling reforms introduced by a federal government.
The changes will be complemented by other significant consumer protections that have been agreed with the states and territories, including a national self-exclusion register and a voluntary opt-out pre-commitment scheme.
The specific measures in the Bill include:
"We are presently losing hundreds of millions of dollars to illegal offshore gambling providers, some of which are connected to crime syndicates. These changes will help keep this money in Australia. Online gambling has three times the rate of problem gambling than other forms and is growing the fastest. Unless we put in sensible consumer protections now, the problems of the future will be in this area.
"These reforms, along with the other initiatives we are implementing with the states, provide a safer gambling environment, while still allowing people to enjoy a punt,” said Communications Minister Mitch Fifield.