Oceania

The New South Wales (NSW) government has planned a series of responsible gambling events and initiatives to mark the state’s Safer Gambling Week, which concludes on 22 October. Backed by a AUD$100m investment, Safer Gambling Week will see 45 events held across NSW including showcases, roundtables, information sessions, workshops and community drop-in events, whilst information stalls will also be set …

Responsible Wagering Australia (RWA) member bookmakers are preparing themselves for NSW GambleAware Week, centred around the theme ‘What’s gambling costing you?’. The trade association and industry standards body, which includes prominent licence holders bet365, Betfair, Entain, Sportsbet, PointsBet and Unibet as members, encouraged ‘all Australians to join in supporting this worthwhile initiative’. However, the RWA also reiterated long-held concerns by …

Best Bookies’ Price Pty Ltd has been issued a formal warning from the Australian Communications and Media Authority (AMCA) for operating an unlicensed online wagering service. The group is described as an ‘internet site allowing punters to securely bet with a range of independent licensed Australian bookmakers using a single betting account’. However, it has been found that the service …

Tabcorp’s revenue fell across multiple verticals during the first quarter of its 2024 financial year, covering trading between 1 July 2023 to 30 September 2023. An update to the ASX stock exchange revealed that Tabcorp’s total group revenue had fallen 6%, with wagering turnover down 0.9% and wagering and media revenue declined by 5% too. Things were not much better …

Pubs and clubs in New South Wales (NSW) are overwhelmingly complying with new regulations around public advertising, according to the state regulator. State-wide reforms to betting regulation have imposed a range of new rules for the local industry from 1 September onwards, including a requirement for all alcohol-serving venues to remove external gambling signage.  A Liquor and Gaming New South …

News Corp sold its shares in Australian sports betting start-up Betr, according to the Australian Financial Review, just four months after the operator’s launch. The international media conglomerate reportedly offloaded its shares as it continues to distance itself from the sportsbook despite being an initial early investor and a 47% stakeholder in the project, which is headed by Matt Tripp …

BetMakers has extended its agreement with PointsBet Australia for fixed odds solutions, content, and data services. BetMakers’ expanded commercial agreement with the ASX-listed sports wagering operator includes Price Manager, an all-in-one fixed odds solution that combines BetMakers’ price management and automated trading strategies with its proprietary rating and pricing model.  Matthew Rix, Chief Trading and Operations Officer at PointsBet, said: …

The state of Victoria is on track to introduce some of Australia’s most extensive player protection laws under a new legislation proposed by the government, the Gambling Legislation Amendment Bill 2023. Drafted and sent to parliament by state Minister for Casino, Gaming and Liquor Regulation, Melissa Horne, of the governing Labor Party, the Bill proposes new measures for both sports …

Tabcorp along with eight venues have been charged by the Victorian Gambling and Casino Control Commission (VGCCC) for allegedly allowing minors to gamble. In breach of the Gambling Regulation Act 2003, Tabcorp faces a total of 54 charges from the VGCCC, including 27 counts of allowing a minor to gamble and failing to reasonably supervise its electronic betting terminals. The VGCCC has charged eight …

The Australian government’s hands-on approach to betting regulation continued this week as the Anthony Albanese administration introduced new legislation to parliament. Payments are under the spotlight in the government’s latest betting crackdown, specifically credit card transactions and the use of digital currencies – it can be assumed the government is targeting crypto under this definition – for online betting. To …