What is the difference between a casino license and a bookmaker license
1. General legal framework
In Australia, gambling activities are regulated at the state and territory level. A casino license and a betting license are different types of permits enshrined in legislation and issued by various regulators.
The casino license covers activities related to the provision of random number generator (RNG) or live dealer based gambling.
The bookmaker's license regulates the acceptance of bets on sports events, e-sports, horse racing and other outcomes that are determined by real events, and not by random generation.
2. Licensing authorities
Casinos: Licenses are issued by state or territory-specific authorities (e.g., Northern Territory Racing Commission, Victorian Gambling and Casino Control Commission), as well as within international jurisdictions when dealing with offshore players.
Bookmakers: licenses are issued mainly by the same bodies, but according to separate regulations that take into account the specifics of betting (for example, the control is carried out by Racing Commissions and Department of Gaming in each state).
3. Receiving requirements
For casinos:
For bookmakers:
4. Regulated products
Casino license: slots, roulette, poker, blackjack, baccarat, live games, keno, online bingo.
Bookmaker licence: Sports betting (prematch and live), horse racing betting, political and social events, esports.
5. Restrictions
Casinos cannot accept bets on real-world events without a betting license.
Bookmakers are not allowed to provide slots or card games without a casino license.
Both licenses require strict compliance with the rules of responsible play and protection of customer data.
6. Financial and technical differences
Casinos are required to keep player funds in separate accounts and provide instant access to winnings.
Bookmakers are required to ensure transparency in the calculation of bets, the use of official data and protection against manipulation of outcomes.
For casinos, RNG software certification is required, for bookmakers - verification of the coefficient calculation system.
7. Supervision and reporting
Casinos provide reports on the percentage of return to players (RTP) and the results of the audit of games.
Bookmakers provide reports on the volume of bets, odds and results for each event.
Violations entail fines, suspension or revocation of the license.
8. Final difference
The main difference is in the object of regulation: the casino license covers games, where the result is determined randomly, the bookmaker's license - bets on real events. For operators wishing to work in both areas, both licenses are required, which increases the requirements for capital, technical systems and regulatory control.
In Australia, gambling activities are regulated at the state and territory level. A casino license and a betting license are different types of permits enshrined in legislation and issued by various regulators.
The casino license covers activities related to the provision of random number generator (RNG) or live dealer based gambling.
The bookmaker's license regulates the acceptance of bets on sports events, e-sports, horse racing and other outcomes that are determined by real events, and not by random generation.
2. Licensing authorities
Casinos: Licenses are issued by state or territory-specific authorities (e.g., Northern Territory Racing Commission, Victorian Gambling and Casino Control Commission), as well as within international jurisdictions when dealing with offshore players.
Bookmakers: licenses are issued mainly by the same bodies, but according to separate regulations that take into account the specifics of betting (for example, the control is carried out by Racing Commissions and Department of Gaming in each state).
3. Receiving requirements
For casinos:
- Confirmation of financial stability for payment of winnings by slots, tables, live games.
- RNG and gaming software certification.
- Protection against fraud and money laundering.
For bookmakers:
- Access to official sports and betting data.
- Match-fixing defense mechanisms.
- Ratio and risk management systems.
4. Regulated products
Casino license: slots, roulette, poker, blackjack, baccarat, live games, keno, online bingo.
Bookmaker licence: Sports betting (prematch and live), horse racing betting, political and social events, esports.
5. Restrictions
Casinos cannot accept bets on real-world events without a betting license.
Bookmakers are not allowed to provide slots or card games without a casino license.
Both licenses require strict compliance with the rules of responsible play and protection of customer data.
6. Financial and technical differences
Casinos are required to keep player funds in separate accounts and provide instant access to winnings.
Bookmakers are required to ensure transparency in the calculation of bets, the use of official data and protection against manipulation of outcomes.
For casinos, RNG software certification is required, for bookmakers - verification of the coefficient calculation system.
7. Supervision and reporting
Casinos provide reports on the percentage of return to players (RTP) and the results of the audit of games.
Bookmakers provide reports on the volume of bets, odds and results for each event.
Violations entail fines, suspension or revocation of the license.
8. Final difference
The main difference is in the object of regulation: the casino license covers games, where the result is determined randomly, the bookmaker's license - bets on real events. For operators wishing to work in both areas, both licenses are required, which increases the requirements for capital, technical systems and regulatory control.
