1825: First records of horse racing in Australia, marking the unofficial start of betting.
1860: Establishment of the first licensed bookmaker in Victoria.
1881: Introduction of the Totalisator system at racecourses.
Year
Event
1825
First records of horse racing
1860
First licensed bookmaker established
1881
Totalisator system introduced
📅 1900-1950: Regulation and Growth
1901: Betting on horse racing is legalized in New South Wales.
1923: Establishment of the Victorian Amateur Turf Club to govern racing.
1946: Creation of the Totalisator Agency Board in Tasmania.
Year
Event
1901
Betting legalized in New South Wales
1923
Victorian Amateur Turf Club established
1946
Totalisator Agency Board created in Tasmania
📈 1950-2000: Modernization of Bookmaking
1961: The first official betting shops established in New South Wales.
1985: Start of off-course betting, allowing bets outside racecourses.
1994: Introduction of online betting in Australia.
Year
Event
1961
Official betting shops opened
1985
Off-course betting introduced
1994
Online betting becomes available
🌐 2000-Present: The Digital Era
2001: The Interactive Gambling Act is passed, regulating online bookmaking.
2010: Mobile betting applications become widely popular among punters.
2020: Surge in online sports betting due to the pandemic.
Year
Event
2001
Interactive Gambling Act passed
2010
Mobile betting applications gain popularity
2020
Rise in online sports betting due to pandemic
🔗 Conclusion
The history of bookmaking in Australia reflects a rapid evolution from informal bets to a well-regulated industry. For more comprehensive insights, visit Australian Bookmaking.