🇦🇺 Australia passes sweeping gambling reforms

Australia’s Labor government has passed its broadest gambling reform package in decades, with support from the opposition. The move keeps regulation front and centre in one of the world’s most valuable betting markets 🎯📉 Why it matters: gambling tax is forecast at AU$3.8bn in 2025/26, while total gambling revenue could reach AU$15bn by 2033. That tension between public income and public harm will keep shaping policy, compliance and market strategy for operators ⚖️🏛️ 🌐 Source: SBC News