Early 19th Century: The Birth of Bookmaking in Australia
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1830s: The First Known Bookmakers 📜
Event Description Informal Betting 🔄 The practice of betting on horse races began informally amongst settlers. First Racecourses 🏇 Establishment of organized racecourses in Sydney, facilitating betting. -
1860s: Legalization of Betting ⚖️
Event Description Regulation Introduced 📜 New laws to regulate bookmaking and promote transparency in betting. Public Racing Events 🎉 Widespread public interest leads to more organized racing events.
20th Century: The Rise of Modern Bookmaking
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1940s: The Impact of World War II 🌍
Event Description Betting Boom 📈 Increased interest in sports betting during and after the war. Bookmaking Associations 🤝 Formation of the Australian Bookmakers Association to protect interests. -
1980s: Betting Revolution 💡
Event Description Innovations in Technology 📱 Introduction of electronic betting systems, enhancing access. Launch of Phone Betting ☎️ First phone betting services offered, expanding the market.
21st Century: Digital Transformation and Regulation
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2000s: Emergence of Online Bookmaking 🌐
Event Description Online Betting Sites 🖥️ Rapid growth of online bookmakers revolutionizes the industry. Global Competitiveness 🌍 International bookmakers enter the Australian market. -
2010s: Stricter Regulations and Consumer Protection 🔍
Event Description Reforms Implemented 🛡️ Stricter regulations are introduced to protect consumers and promote fair play. Re-Write of Gambling Laws 📜 Modernization of gambling laws to cover new technologies and methods.
