Historical Overview of Bookmaking in Australia
Pre-20th Century 📜
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Establishment of Wagering
Year Event 1800s Early gambling activities began as informal wagers among colonists. -
First Official Bookmaker
Year Event 1840 The first licensed bookmaker in Australia operated in Sydney.
20th Century Developments 🏇
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The Betting Act
Year Event 1960 The Betting Act was established, formalizing licensing for bookmakers. -
Emergence of TABs
Year Event 1961 Tabcorp launched Totalisator Agency Boards (TABs) across Australia.
Technological Advancements in the 21st Century 💻
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Online Betting Revolution
Year Event 2000s Online betting platforms emerged, changing the landscape of bookmaking. -
Regulations on Online Betting
Year Event 2001 The Interactive Gambling Act was passed, regulating online gambling activities.
Current Trends and Future Outlook 🌟
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Mobile Betting Growth
Year Event 2020s The proliferation of mobile applications for betting has increased participation. -
Emergence of eSports Betting
Year Event 2022 eSports betting has become popular among younger demographics in Australia.
For more in-depth information on bookmaking regulations and history in Australia, visit ABC News.