🏛️ Historical Overview of Australian Betting Companies
📜 19th Century Developments
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1850s: The Birth of Betting in Australia
Year Event 1850 Legalization of betting in several Australian colonies, allowing for the establishment of racecourses. -
1881: Establishment of the First Betting Agency
Year Event 1881 The formation of the first betting agency, which commenced an era of organized betting in Australia.
📆 20th Century Milestones
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1960: The Rise of Off-Course Betting
Year Event 1960 The introduction of off-course betting shops providing more options for bettors. -
1985: Establishment of the TAB
Year Event 1985 Formation of the Totalisator Agency Board (TAB), a significant step in regulating betting.
🔍 21st Century Evolution
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2001: Online Betting Emergence
Year Event 2001 The launch of online betting platforms, revolutionizing the industry and increasing accessibility. -
2017: Regulatory Changes
Year Event 2017 New laws introduced to regulate online betting advertising, protecting consumers. -
2020: The Impact of COVID-19
Year Event 2020 The pandemic forced most betting companies to adapt their business models, increasing promotions for online betting.
📈 Future of Betting in Australia
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2023 and Beyond: Technological Advancement
Year Event 2023 Anticipation for advancements in technology like AI and blockchain to further evolve betting practices.
For more information about betting regulations in Australia, visit Government of Australia.