Australia

tabcorp-awarded-new-20-year-victoria-licence

Tabcorp Awarded New 20-Year Victoria Licence

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Reading Time: < 1 minute   Tabcorp has been awarded the new 20-year Victorian wagering and betting licence by the Victorian government, commencing from August 2024. The new licence comes without a racing industry joint venture or obligations, ending the current agreement with the Victorian Racing Industry. Tabcorp said that had the licence terms been…

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ACMA Reveals Breach of In-play Betting Rules by Top Wagering Companies

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Reading Time: < 1 minute   The Australian Communications and Media Authority (ACMA) has found the operators of Ladbrokes, Neds, bet365 and Sportsbet to have breached interactive gambling rules. The operators were said to have used “Fast/Quick Codes” which allow in-play betting on sporting events; under the Interactive Gambling Act 2001 this is not allowed,…

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AUSTRAC Announces its 2024 Regulatory Priorities

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Reading Time: < 1 minute   The Australian Transaction Reports and Analysis Centre (AUSTRAC) has disclosed its regulatory roadmap for next year, focusing on money laundering, terrorism financing and serious crimes. The strategic priorities centre on enhancing business resilience to these risks, particularly in sectors prone to higher threats such as banking, gambling and remittance.…

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Preston Hotel Fined for Underage Gambling in Victoria

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Reading Time: < 1 minute   A Magistrate has ordered the Preston Hotel to pay a total of $25,300 for allowing a 16-year-old to access betting terminals and gamble at the Hotel on six occasions between May and September 2022. The VGCCC charged the Preston Hotel in May 2023, following a tip-off from a member…

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Liquor & Gaming NSW Launches New Compliance Campaign

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Reading Time: 2 minutes   Liquor & Gaming NSW (LGNSW) is launching a seasonal compliance campaign, which target under 18s who are illegally gambling and drinking in NSW casinos and their associated hospitality venues. The compliance blitz comes as new penalties are introduced, which will for the first time see any under 18-year-old who is…

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Australian Parliament Passes Legislation Banning Online Credit Card Betting

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Reading Time: < 1 minute   The Australian Federal Parliament has passed the legislation banning the use of credit cards as a payment method for online wagering. Responsible Wagering Australia CEO Kai Cantwell said that this change was much needed, as Australians should only be gambling with money that they have. “This is an important…

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