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It prohibits the online casinos from recruiting Australian players.
Only Australian casinos licensed by the state can make offers to its citizens, and currently there are no online casinos in Australia holding such a license.
There are, however, several companies that offer online gambling in Australia via Sportsbook, which is currently allowed.
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The main goal of the proposed changes is to give players a safer and more regulated experience.
The Interactive Gambling Amendment bill 2016 was introduced to parliament early in November 2016.
It's now accepted and was implemented in September 2017.