Early 20th Century (1900-1950)
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Establishment of Betting Shops 🏬
Year Event 1917 Legalization of off-course betting in Australia. 1945 Growth of licensed bookmakers post World War II.
The Rise of Online Betting (1990-2000)
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Introduction of Online Betting 💻
Year Event 1997 First online betting sites launched. 2000 Government begins to regulate online gambling.
Regulatory Developments (2001-2010)
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Increased Regulation 📜
Year Event 2001 The introduction of the Interactive Gambling Act. 2008 Licensing requirements tightened for bookmakers.
Modern Era of Betting (2011-Present)
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Technological Advancements 📱
Year Event 2012 Rise of mobile betting apps. 2019 Live betting becomes widely popular across platforms.
Future Prospects (2023 and Beyond) 🚀
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Sustainable Betting Practices
Year Event 2023 Increased focus on responsible gambling initiatives. Future Continued integration of AI and analytics in betting.