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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

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Crypto Casinos in Australia: What You Can (and Can’t) Do in 2025

May 22, 2025 By Crypto Reporter

The rules around gambling with crypto in Australia have tightened, but that hasn’t stopped punters from seeking out new ways to play. While headlines focused on bans and restrictions, the real picture is a bit more layered. If you’re looking into online pokies Australia, it’s worth knowing what’s allowed, what’s blocked, and what’s simply operating in the grey. For many, platforms like Lucky Green Casino continue to offer a reliable workaround — stable, easy to access, and refreshingly straightforward.

Are Crypto Casinos Legal in Australia? Let’s Clear the Air

Here’s the situation: the Interactive Gambling Act 2001 makes it illegal for any operator to offer online real-money gambling to Australians — unless they’re properly licensed. But the law doesn’t criminalise everyday players for using these services.

After more than two decades, the legislation still hasn’t caught up with crypto. So while operators can’t market directly to Aussie users or run sites from within the country, they often work around this by registering offshore. Most fall under licences from places like Curaçao or Malta — regions that aren’t exactly known for strict oversight but tick the legal boxes.

To be clear:

  • Playing at an offshore crypto casino is not a crime under Australian law.
  • The responsibility sits with the operator, not the player.
  • You’re outside local protections if something goes wrong—refunds and disputes are unlikely to go your way.

In short, legality depends on perspective: lawful for users, but unsupported locally.

How the 2024 Crypto Ban Changed the Game

June 2024 marked a shift — though not necessarily for the reasons most expected. As of the 11th, Australian-licensed gambling platforms were banned from accepting cryptocurrency and credit cards. The policy aimed to cut off risky payment methods and reduce gambling-related harm.

However, this only applied to domestic operators. Offshore platforms, where most crypto gamblers already were, carried on unaffected. Some, like Lucky Green Casino, even saw an uptick in traffic from Australia as players looked for familiar platforms that didn’t fold under the new restrictions.

What’s actually changed?

  • Local operators removed crypto options entirely.
  • Many players pivoted—quietly—to international sites.
  • Transaction routes became more fragmented, with users relying on P2P exchanges, wallets, or decentralised finance tools.

Before and After Snapshot:

Timeframe Domestic Platforms Offshore Platforms Player Behaviour
Pre-June 2024 Crypto accepted (limited) Crypto accepted widely Split between local and offshore
Post-June 2024 Crypto banned, credit banned Business as usual Shift toward offshore entirely

So the ban didn’t exactly end crypto gambling—it just pushed it further out of sight.

Who’s Watching? The Bodies Regulating Crypto Gambling

Crypto casinos might appear loosely regulated, but there’s more oversight than meets the eye. Several agencies keep tabs on different parts of the puzzle — even if they’re not coordinating all that well.

  • ACMA: Focuses on blocking unlicensed services and issuing takedown notices.
  • ASIC: Keeps an eye on financial conduct, especially where crypto crosses into investment territory.
  • AUSTRAC: Makes sure platforms that deal with Aussie users are complying with anti-money laundering (AML) and counter-terrorism financing (CTF) rules.

Each body handles a piece of the compliance chain. Together, they form a sort of patchwork of enforcement — effective in places, stretched in others.

Regulators and Their Roles:

Regulator Main Role Area of Influence
ACMA Enforces Interactive Gambling Act Website blocking, advertising restrictions
ASIC Regulates financial services Crypto gambling platforms as financial tools
AUSTRAC Monitors money flows AML/CTF compliance for crypto transactions

If a crypto casino wants to operate above board in Australia, it would need to play ball with all three — which most avoid by simply setting up overseas.

Crypto Winnings and the ATO: What You Owe (and When)

There’s a persistent myth that crypto winnings are invisible to the tax office. That’s not just wrong — it could be expensive. The ATO doesn’t tax gambling wins directly (even in crypto), but it does watch what you do with those wins.

Once you trade, sell, or swap your crypto, you could trigger Capital Gains Tax (CGT). The rule’s the same whether you earned it from a poker hand or mined it yourself.

What to keep on record:

  • The value of the crypto when you won it.
  • The date and method of acquisition.
  • How and when you disposed of it (e.g., traded or sold).
  • Any associated fees or costs.

These aren’t suggestions — they’re requirements if you want to avoid a knock from the ATO later down the line.

Quick Reference: Crypto and Tax

  • Gambling winnings? Not taxed.
  • Selling or swapping that crypto? CGT applies.
  • Lost your records? You’ll pay based on estimates—and that rarely goes your way.

That’s where things can get messy. The ATO won’t chase you for your bets, but they’ll definitely want a word if your crypto gains start stacking up.

Offshore Casinos Accepting Aussies: What to Know Before You Play

With local crypto gambling options now officially closed off, offshore casinos have become the de facto choice for Australians. These platforms, often licensed in less restrictive jurisdictions, don’t need to tick the same regulatory boxes as Aussie operators. That’s both a draw and a risk.

They accept Aussie players without technically “targeting” them—an important legal distinction that lets them operate in a grey zone. But grey zones can get murky, fast.

Before you sign up, here’s what to check:

  • Licensing: Is the casino licensed by a reputable body (not just a fancy logo)?
  • KYC policy: Does it ask for verification, or let anyone play anonymously?
  • Payment process: Are deposits and withdrawals consistently reliable?
  • User support: Is there any, or are you left shouting into the void?

Red Flags to Watch For:

  • Vague or missing terms and conditions.
  • No named operator or legal entity.
  • Crypto-only deposits without withdrawal transparency.
  • Unusual withdrawal limits or fees.

A bit of scrutiny goes a long way. The crypto world moves fast—but that doesn’t mean you should.

The Crypto Casino Experience in 2025: Still Worth It?

Despite the tightened restrictions, plenty of Australians still see value in crypto gambling. It’s private, it’s fast, and for some, it’s just more fun. The appeal hasn’t vanished—it’s just shifted shape.

There are upsides worth noting:

  • Speed: Crypto payments process in minutes, not days.
  • Anonymity: No linking to a bank, if you’re using the right wallet.
  • Bonuses: Offshore sites often offer better value than local platforms ever did.

Some platforms, like Lucky Green Casino, have built a solid reputation on that foundation — reliable withdrawals, consistent promotions, and better-than-average user experience.

Where Crypto Gambling Shines vs. Where It Slips:

Feature Strength Weakness
Transaction Speed Near-instant deposits and withdrawals Network congestion during busy periods
Privacy No banks or personal data shared No recourse if things go wrong
Platform Options Huge range of offshore casinos Little to no consumer protection
Currency Volatility Potential for big gains Equally large losses possible

For savvy players willing to manage the risks, crypto gambling still has a place. It’s not for everyone—but it never was.

Final Thoughts

Crypto casinos aren’t illegal for Aussies to use — but they aren’t exactly encouraged, either. The government’s position is clear: keep local platforms clean, and make it harder for risky payments to flow. But beyond that? You’re largely on your own.

The game has changed since the 2024 ban, but not in the way policymakers probably intended. Offshore sites have stepped into the vacuum, and players have followed. Whether that’s sustainable — or safe — depends on how informed you are.

Stick with licensed sites, know the tax implications, and treat anonymity as a double-edged sword. If you’re going to play, play smart — and if you’re after something with consistency and a bit of polish, Lucky Green Casino has proven itself a reliable option in a chaotic space.

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News

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