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Broadband on Online Casinos

The global gambling industry relies on the prevalence of high speed and broadband internet connections to effectively spread the popularity of internet gambling in new regions. Analysts often site the internet use statistics and the number of homes with broadband as an indicator of which markets are ready for targeting by the online casino gambling sites. Australia is one of the fastest emerging markets right now because broadband internet use is increasingly popular throughout the country and the Australian state governments are also increasingly receptive to new gambling regulations and laws that expand the legality of internet gambling. Tasmania is the latest Australian state to announce significant changes where the online casinos are concerned; the state is looking to become a have for gambling companies and an internationally popular licensing jurisdiction.

The key to this new growth in Australia has been broadband internet; online casinos need high speed connections to operate effectively and the internet industry in Australia has long been primarily a monopoly through Telstra. With the monopoly in place, Aussie gamblers were paying extremely high premiums for a limited amount of bandwidth use each month. As the broadband offerings become competitive the Australian states are now really considering wider laws that are more welcoming to online casino gambling companies.

Opponents to the online casino industry though are quick to point out that there are other industries that companies and state governments can focus on now that broadband is more common throughout the country. Anti-internet gambling groups support measures that would encourage e-commerce outside of the expanding Australian internet gambling industry.

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