Best XRP Casinos in Australia (2026) | XRP Gambling Sites

XRP Gambling Laws in Australia

Australia maintains strict online gambling regulations under the Interactive Gambling Act 2001 (IGA). Australian-licensed companies cannot offer online casino games to residents—only sports betting and lottery services operate legally domestically. The Australian Communications and Media Authority (ACMA) enforces the IGA and maintains blocked website lists targeting offshore operators.

Effective June 11, 2024, Australia banned credit card and cryptocurrency payments for online gambling under amendments designed to mitigate gambling-related harms. Licensed Australian betting operators can no longer accept Bitcoin, Ethereum, or other digital currency payments. This legislation empowers ACMA to enforce penalty provisions against non-compliant operators.

Australian players face no criminal liability for using offshore casinos—the IGA targets operators rather than individuals. Offshore crypto casinos continue operating through mirror domains and decentralized payment systems despite ACMA blocking efforts. In March 2025, the government announced plans requiring cryptocurrency exchanges to obtain Australian Financial Services Licences (AFSL), while AUSTRAC increased monitoring of crypto gambling activity for anti-money laundering compliance.

How to Buy XRP in Australia

Australia players can purchase XRP through these popular methods:

Tax Implications in Australia

Australian recreational gamblers enjoy tax-free winnings under one of the world's most favorable gambling tax regimes. The Australian Taxation Office (ATO) does not classify gambling winnings as assessable income for casual players—amounts ranging from $50 to $5 million remain entirely tax-free. This treatment reflects the symmetric principle that gambling losses are non-deductible personal expenses.

Professional gamblers face business income taxation at standard rates (up to 45% plus 2% Medicare levy). The ATO evaluates professional status based on systematic approach, profit motive, gambling volume, and whether gambling constitutes a primary income source. Most casino players do not meet professional classification criteria.

Cryptocurrency triggers separate Capital Gains Tax (CGT) obligations. The ATO treats crypto as property—disposing of cryptocurrency (including deposits to gambling sites) constitutes a taxable CGT event. Gambling winnings paid in cryptocurrency count as capital gains based on market value at receipt. Personal use asset exemptions may apply for crypto under $10,000 used primarily for purchases rather than investment, though gambling typically does not qualify for this exemption.