In the face of mounting pressure to raise the standards of safer gambling in the country, the Australian federal government has taken on the task to reach higher player protection levels by enforcing new regulations. These regulations are affecting a number of areas of bookmaker operations, including payments and retail betting. Recently, the Victoria Gambling and Casino Control Commission (VGCCC) …
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L&GNSW readies tougher stance against operators not meeting regulatory standards
Liquor & Gaming New South Wales (L&GNSW) has issued a statement which addresses the ‘poor conduct’ of a number of NSW-licensed bookmakers over the last few months. A spokesperson for L&GNSW told SBC News that the conduct in question involves ‘unreasonable obstructions’ when it comes to paying out players’ winnings, as well as assisting with account closures – in some …
Read More »SportChamps fined for breaching NSW gambling ad framework
Australian online bookmaker SportChamps has been fined AU$17,500 (£9,000) by the government of New South Wales for breaching the state’s gambling advertising rules. According to Liquor & Gaming NSW, the sportsbook pleaded guilty in court over two instances of gambling promotion, one on its website and one in a Facebook post, inviting people to “Punt for free. Learn the game!” …
Read More »Tabcorp urged to go cashless in Victoria strengthening TAB’s exclusive rights
Tabcorp has been ordered by the gambling authority of Victoria to ‘go cashless’ with its electronic betting terminals (EBTs) to prevent underage gambling. Annette Kimmitt, CEO of the Victoria Gambling and Casino Control Commission (VGCCC), highlighted that there is currently a need for stricter protection against underage gambling after multiple reported incidents of minors placing bets without obstruction or the …
Read More »Victoria’s gambling regulator says more efforts needed against gambling ads
The acting Australian government under PM Anthony Albanese has been urged by the state of Victoria’s gambling regulator to take immediate action against wagering ads. For ‘The Guardian’, Annette Kimmitt – CEO of the Victorian Gambling and Casino Control Commission – highlighted that there is a pressing issue of what she called a ‘bombardment’ of complaints from parents who report …
Read More »Call for evidence Down Under
Australia’s sports betting industry is facing the possibility of an advertising ban in the name of safer gambling, but Dean Shannon, CEO of Entain Australia and New Zealand, and Kai Cantwell, CEO of Responsible Wagering Australia, told Issue 28 of SBC Leaders magazine it would be a serious error. ——————————————————- Evidence-based reform is a term many UK betting observers have …
Read More »Novibet focused on international growth strategy
There are few industry challenges that Novibet CEO George Athanasopoulos has not faced in the last two years, he told Issue 28 of SBC Leaders magazine, but the business remains on a significant growth path as it expands into new markets far away from its European base. ——————————————————- Anyone at the head of an ambitious business can expect to be …
Read More »Tabcorp wins exclusive Victoria 2024-to-2043 wagering licence
Tabcorp Holdings has won the exclusive tender to operate the Wagering and Betting Licence of the State of Victoria. 2024 will see the Victorian government modernise the state’s wagering regime to improve consumer protections and tax collection from betting duties. Tabcorp’s flagship TAB brand will serve as the exclusive operator for retail wagering and betting in Victorian pubs for a …
Read More »Australian B2B firms join NSW cashless gaming trials
Four B2B gaming suppliers have been chosen by the New South Wales (NSW) government to participate in the next round of trials of cashless gaming across the state. Gaming Technologies Association (GTA) members Aristocrat Leisure, eBet, International Game Technology (IGT) and Light & Wonder will participate in the trial, which will see cashless gaming tested at 4,500 electronic gaming machines …
Read More »Sportsbet to contribute $AU125k annually to the MRC Foundation
Sportsbet has formed a five-year partnership with Melbourne Racing Club (MRC), commencing on 1 January 2024. The Flutter-owned company aims to ‘re-position the sport’ to new racing fans and open up racing to more sporting audiences. Barni Evans, Sportsbet CEO, stated: “Sportsbet is excited to partner with the MRC, an incredibly successful and progressive club, and we look forward to …
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