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and established international operators based
in the Caribbean nations of St. Kitts and Nevis,
Dominica and St. Vincent. However, Tasmania has
now granted some licences for internet
gaming operators and there is some confusion
about the legality of an ACT attempt to do the
same thing. The Queensland and Northern
Territory governments have passed legislation
allowing the operation of licensed, on-line
casinos in their territories. There are
estimated to
be around 140 on-line casinos conducting
business across the internet.
Illegal gambling through SP bookmakers and
illegal casinos also compete with legal
gambling product suppliers. The oft-stated
objective of legalised gambling is to attenuate
the nefarious aspects of illegal gambling
activity.
3.2 Gambling’s changing composition
Australian expenditure on gambling has surged
over the past decade, rising in real terms
(1997-98 prices) from $4.5 billion in 1987-88 to
$11.1 billion in 1997-98. Gambling’s share
of household expenditure has grown from 1.9 per
cent to 3.4 per cent over the same period
(Figure 3.1).
Figure 3.1: Real aggregate expenditure on
gambling in Australia, 1980-81 to 1997-98
(1997-98 $m). Gambling’s share of real household
consumption
expenditure.
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