1925-1976: The Early Years of Corporate Bookmaking
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📅 1925 Event Formation of the first organized betting laws in Australia. -
📅 1960 Event Introduction of off-course betting through TABs, paving the way for corporate bookmakers. -
📅 1976 Event Legalization of corporate bookmakers in New South Wales.
1980-1999: The Boom of Corporate Bookmakers
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📅 1985 Event First corporate bookmaker, Tatts Group, undergoes significant expansions. -
📅 1993 Event Proliferation of corporate bookmakers with sports betting gaining popularity. -
📅 1999 Event Expansion of online betting platforms revolutionizes the industry.
2000-2010: Technological Advancements and Regulation
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📅 2001 Event Online betting becomes more popular with the introduction of stringent regulations. -
📅 2006 Event The introduction of the Interactive Gambling Act aims to regulate online gambling. -
📅 2010 Event Major players like Sportsbet and Tom Waterhouse lead the market.
2011-Present: The Current Landscape
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📅 2013 Event Betting advertisements become a common sight during sports events. -
📅 2017 Event Implementation of responsible gambling initiatives becomes essential. -
📅 2023 Event Corporate bookmakers continue to innovate with AI and personalized betting experiences.