🏛️ 19th Century: The Emergence of Bookmaking in Australia
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Event Date First Recorded Betting in Australia 1840s The first instances of organized betting appeared with horse racing becoming widely popular.
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Event Date Introduction of Betting Licenses 1865 The New South Wales government introduced betting licenses to regulate bookmakers.
📈 20th Century: Regulations and Growth
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Event Date Formation of the Australian Bookmakers Association 1925 This was a significant step towards formalizing the industry and representing bookmakers’ interests.
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Event Date Introduction of Off-Course Betting 1961 The introduction of off-course betting made it easier for punters to place bets without attending events.
🌐 21st Century: Technology and Online Betting
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Event Date Legalization of Online Betting 2001 The Australian government legalized online betting, paving the way for digital bookmakers.
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Event Date Rise of Mobile Betting 2010s Bookmakers began offering mobile platforms, transforming how punters engaged with betting.
🔎 Current Trends
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Event Date Implementation of Responsible Gambling Measures 2020s Bookmakers are increasingly focusing on responsible gambling practices to ensure player safety.
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Event Date Integration of Artificial Intelligence 2020s AI is being used for better odds calculation and fraud detection in betting platforms.
