Early Beginnings (19th Century)

• Establishment of Legal Betting Practices in Australia 🇦🇺

  Year	Event
  1850	The Victoria Racing Club is founded, setting the framework for legal betting.

• Introduction of Betting Tactics 📈

  Year	Event
  1881	The first official racing book is published, outlining betting odds and strategies.

Mid-20th Century Developments (1950s-1970s)

• Legalization of Gambling 🏦

  Year	Event
  1960	The introduction of the Betting Act, which regulates betting in several states.

• Foundation of Major Betting Agencies 💼

  Year	Event
  1973	The start of the country’s prominent betting agencies like TAB Ltd.

Modern Era (1980s-Present)

• Emergence of Online Betting Platforms 🌐

  Year	Event
  1999	First online sports betting site introduced in Australia.

• Regulatory Changes and Innovations ⚖️

  Year	Event
  2001	Online gambling regulation is enacted, making online betting legal.
  2017	New regulations to curb illegal online betting, protecting consumers emerge.

• Expanding Market and Technologies 📱

  Year	Event
  2020	The rise of mobile betting apps revolutionizes the betting experience.

Conclusion

The Australian betting industry has evolved significantly over the years, transitioning from traditional forms of betting to a robust online marketplace.

For more information, check out Australian Online Gambling.