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Economics and statistics

Australia is a developed, diversified economy with strong sectors of mining (iron ore, coal, gas), agriculture, manufacturing and especially services (finance, education, tourism).

The consumer market is highly profitable, cashless payments and fintech infrastructure in AUD are actively growing.

The gambling industry provides a modest share of GDP, but noticeable tax revenues at the state/territory level (including taxes on gross gaming income, fees for EGMs/" pokies, "POCT for online betting), as well as employment in casino resorts, pubs and clubs.

Online casinos are federally prohibited, online sports betting and sweepstakes from licensed operators remain legal digital channels; emphasis on AML/CTF, eKYC, responsible play, and ad restrictions.

Further dynamics of the sector will depend on domestic demand, tourism, settings of state regulators and the quality of compliance with operators.

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