Home Blog Online casinos are now required to send players monthly breakdowns of their win/loss activities.

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Online casinos are now required to send players monthly breakdowns of their win/loss activities.

Last update: May, 2024

Lisa Cheban
Written by: Lisa Cheban Content writer
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Implementation begins on a law, originally proposed in 2018, requiring that all online casinos online casino´s are to deliver monthly win/loss summaries to their players. These reports outline user activity, letting players better understand their gambling spending habits.

Providing these monthly summaries is integral to the nation’s online betting consumer protection strategy, sanctioned back in 2018. These statements will catalog metrics like the number of bets a player made, as well as accumulated wins or losses over each month, capturing trends in gambling behavior over the past six months.

Beyond financial details, online casinos must guide players to resources and programs for responsible gambling, fulfilling part of Australia's broader responsible play goals.

The Australian government also revealed plans to establish BetStop a self-exclusion list for players. Signing up to Betstop means players can limit their playtime, effectively barring themselves from any online casinos in Australia for their chosen duration.

Meanwhile, online wagering is gaining momentum. During the initial half of 2021, about 11% engaged in online gambling. Annually, the average Australian gambler loses approximately AU$1,276. While significant, this sum is minor compared to other entertainment expenses. A certain study recorded that less than 1% fit the profile of high-risk gamblers.

Article written by

Lisa Cheban