📜 Early Beginnings (1900s – 1960s)
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Introduction of Totalisator Agencies:
Year Event 1906 Establishment of the first totalisator in Sydney, marking the beginning of regulated betting. -
Development of Greyhound Racing:
Year Event 1930s Greyhound racing becomes popular, contributing to the growth of the betting industry.
📈 Expansion Era (1970s – 1990s)
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Legalization of Betting Shops:
Year Event 1960 Australian states begin to regulate betting shops, increasing betting accessibility. -
Television Coverage of Races:
Year Event 1980s Introduction of live horse race broadcasts boosts betting engagement.
💻 The Digital Revolution (2000s – Present)
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Online Betting Platforms:
Year Event 2000 The first online betting websites launch, revolutionizing the way Australians place bets. -
Regulatory Changes:
Year Event 2017 Changes to Australian online gambling laws reinforce protection for consumers. -
Mobile Betting Growth:
Year Event 2020 Mobile betting apps become the most popular way to place bets, reflecting changing consumer habits.
🔮 Future Prospects
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Integration of Technology:
Year Event 2025 (Projected) Emergence of AI and blockchain technology could reshape the betting landscape.