Categories Political

No Personal Interest in Sunburn: MLA Viresh Borkar

Says Govt Should Decide; Locals’ Opinion Must Be Respected MLA Viresh Borkar clarified he has never attended Sunburn and holds no personal stake in it. He said the government must decide on such events, adding, “If locals want Sunburn, we will support them. Events must benefit people, not harm them.”

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Stricter fines have also been issued as a clear warning to gambling operators
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penalties. These problems have led to the gambling industry being closely monitored and regulated to keep a balance between consumer protection,
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Ms D’Ath said Governor in Council granted approval for
a casino licence to be issued to Destination Brisbane Consortium in October 2016, subject to
a number of conditions. “We don’t want anything setting back the opening date of this shiny, brand new casino that everyone’s, you know, cheering about, that’s too big to fail.” Mr Nicholls said
it could be time for Queensland to follow the lead of NSW
and set up its own independent casino regulator,
but stopped short of committing a future LNP government to the move.

It is also important to note that the Interactive Gambling
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have no jurisdiction over foreign operators. Hundreds of
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The Commission is fully responsible for licensing and compliance in the casino sector,
while the regulatory framework is set out in the Casino Control Act 1991.

Crypto transactions often carry no fees and settle
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Whichever you choose, just remember — play smart, set your
limits, and enjoy the thrill. The main types of gambling licenses cover land-based casinos, sports betting, wagering,
lotteries, gaming machines, and certain online gambling services.
There is no single national gambling license; instead, each state and territory regulates and issues licenses for gambling activities within its jurisdiction. Recent
reforms in jurisdictions such as Western Australia have modernized and strengthened local gambling
laws, aligning them with national strategies and increasing enforcement powers
for local regulators.
For operational and risk reasons, other gambling sector participants (e.g.
land-based casinos) do not permit the use of cryptocurrency for gambling.
The use of digital currencies (including cryptocurrency) for gambling purposes is not common in the jurisdiction and, in the case of online wagering and betting, was expressly prohibited following amendments to the Interactive Gambling Act in 2024.
There is also a federal Goods & Services Tax of 10% payable on net revenue from gambling products;
however, state and territory taxation rates sometimes take this into account,
and it is offset against taxation payable to state and territory governments.

In addition, that licensee currently pays the state a tax of 21.25% of its gross gaming revenue from table games
and 31.57% of its gross gaming revenue from gaming machines in respect of
regular players, together with a 1% community benefit levy.
State and territory taxation on casinos is determined on a case-by-case basis (typically during negotiations with the relevant state or territory government at the time).
The federal government has enacted ‘rules’ that restrict
gambling advertising and odds promotion during broadcasts of
live sport, with one key objective being to limit its exposure to children.

References:
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