News has been coming up from different sources that Australian authorities are seeking to legalize online gambling. According to a local news source, Australian productivity commission has filed documents to legalize online poker, casino's and other forms of online gambling games.  If legalization take place then it will be a huge victory for online gambling industry as Australian current law bans online gambling.

Along with Australia, United States govt is also looking for internet gambling legalization if it happens then it will be a gold rush for gambling firms. Australian govt banned all forms of gambling and asked its ISP's to block gambling web portals and blacklist some local gambling domains, but now things are looking different as the govt is failing to put brakes on online gambling growth. There is a saying that "if you can't beat them, join them" this what happening to AU govt.

The bill that was drafted is more than 600 pages long asking authorities to legalize online gambling that can generate huge some of money in form of taxes  to govt treasury during these recession times.