Tag Archives: australia

BetMakers reorganises units to withstand “downward” Australian market 

SBC News BetMakers reorganises units to withstand “downward” Australian market 

BetMakers details that it has benefitted from executing its restructuring plans to simplify its operating structure and commercial operations for its business units of Global Betting Services, Global Tote and Corporate (B2B). Publishing its interim H1 2024 results (period up to 31 December), the ASX wagering technology group registered corporate revenues of  AU$ 51m (€30m), up 10% on H1 2023 …

Read More »

ACMA banishes dozen of websites out of Australia

SBC News ACMA banishes dozen of websites out of Australia

A total of 12 gambling websites have been ordered to cease operations in Australia after being found to be in violation of the country’s Interactive Gambling Act 2001 (IGA).  Zet Casino, Wazamba, Playzilla, Slots Palace, Nomini, Casinia, SG Casino, Fez Bet, Buran Casino, Spin Better, Golden Bet and Clash.gg are the online gambling providers that the Australian Communications and Media …

Read More »

RWA: ‘Sensible’ regulations lead to safer gambling in Australia

SBC News RWA: ‘Sensible’ regulations lead to safer gambling in Australia

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) …

Read More »

SportChamps fined for breaching NSW gambling ad framework

SBC News 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

SBC News 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

SBC News 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 »

Tabcorp wins exclusive Victoria 2024-to-2043 wagering licence

VGCCC hands largest ever AUS$1m fine to Tabcorp

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 »

Australia authorises credit card ban on gambling but lotteries remain exempt 

SBC News Australia authorises credit card ban on gambling but lotteries remain exempt 

The Senate of Australia has approved the Interactive Gambling Amendment Bill 2023 (Credit and Other Measures), which will prohibit the use of credit card transactions to fund online gambling accounts. The Bill’s measures were approved by the House of Representatives last month and forwarded to the Senate for its sign-off into federal law across Australia’s six state territories. The Bill’s …

Read More »

AUS lower house approves Credit Card gambling ban

SBC News AUS lower house approves Credit Card gambling ban

Australia is edging closer to introducing a ban on credit card wagering for online gambling services, following the House of Representatives’ approval of ‘The Interactive Gambling Amendment Bill (2023).’ Submitted to the lower house in September, the Interactive Gambling Amendment Bill 2023 aims to ban the use of credit cards, credit-related products, and digital currencies for online wagering. The Bill …

Read More »

Flutter keeps faith in global progress against regulatory hurdles

Flutter keeps faith in global progress against regulatory hurdles

Flutter Entertainment leadership remains confident in the group’s Australian prospects despite a slowdown in trading from the country during Q3, as outlined by CEO Peter Jackson and CFO Paul Edgeliffe-Johnson. The leadership duo addressed investors and analysts this morning after the group’s Q3 earnings call, which revealed an overall group-wide revenue increase of 8% to £2bn (Q3 2023: £1.9bn) whilst …

Read More »