PointsBet Australia Pty Ltd has been hit with an AUD$501k (£242k) fine by the Aus media regulator over advertising law breaches. The Australian Communications and Media Authority (ACMA) launched an investigation into the online gambling provider, which uncovered “more than 800 messages” as part of what the regulator said was a spam advertisement campaign in contravention of e-marketing laws. Details …
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Regional Aus gov’t tax hikes deemed “economically reckless”
New tax levies set out in next year’s Northern Territory Government budget will stifle sector investments, wagering advocates have cautioned. Announced this week, Australia’s Northern Territory Government (NTG) Budget 25/26 envisions a doubling in the betting exchange tax cap that will come into force starting this July. In its breakdown of the budget, the government forecasted that the betting exchange …
Read More »PointsBet leans towards Betr’s AU$360m takeover
PointsBet appears to be leaning towards the acquisition offer made by Australian betting challenger brand Betr over that made by Japanese digital entertainment group MIXI. Melbourne-headquartered PointsBet, which is active in Australia and Canada and formerly active in the US, states that Betr’s offer may lead to a ‘superior proposal’ to MAXI’s offer. The firm is now committed to carrying …
Read More »Tabcorp CEO places big bet on in-play project for Australia venues
Tabcorp has been granted the rights to trial in-play betting in pubs and clubs by the state of New South Wales (NSW). The ASX-listed gambling group has secured regulatory approval from Liquor & Gaming NSW to pilot in-play betting via mobile app terminals within licensed pub and club venues. The agreement was disclosed by Tabcorp CEO Gillon McLachlan during an …
Read More »Australian MPs accuse Labor govt of being betting industry beneficiary
Amid campaigning ahead of the Australian election, independent MPs are putting pressure on the Labor government to continue momentum with gambling law reforms, believing that progress has stalled after years of parliamentary debate and investigations. Betting and gaming, and its social impacts, have been hitting the headlines in Australia over the past few weeks in the context of upcoming parliamentary …
Read More »Bally’s buyout last chance for AU firm as H1 confirms tough times
The Star Entertainment Group Ltd remains at risk despite international efforts to save the Australian gambling firm. In its delayed H125 (31 December 2024) financial statement – which was supposed to come out on 28 February but was postponed amid financial struggles – the company reported a net deficit of AU$302m (£145m) over the last six months of that year. …
Read More »Entain responds to Australia drug money allegations
The full extent of Austrac’s investigation into money laundering failures of Entain’s Australian business have been laid bare according to local media. Austrac, Australia’s financial markets watchdog, has drafted a 640 page report accusing the firm of non-compliance over many years, as reported by the Australian Financial Review, which appears to have seen the report. It is important to note …
Read More »betM targets scalability as it completes BetMakers transition
Sports betting platform betM is looking to optimise its Australia offering by fully migrating its technology infrastructure to BetMakers. The transition, which has now been finalised, includes the transition to BetMakers’ Apollo platform and leveraging its Managed Trading Services (MTS) suite. Lucas Hopkins, Head of Commercial at BetMakers, said: “BetMakers is very pleased to welcome betM to the BetMakers’ Apollo …
Read More »Victoria elects Suzy Neilan to lead Gambling Control Commission
The State of Victoria has elected Suzy Neilan to serve as the new Chief Executive of the Victorian Gambling and Casino Control Commission (VGCCC). A figurehead in state affairs, Neilan will take leadership of the VGCCC on 1 April 2025, ending her four-year tenure as an Executive Director of Strategy at the Environment Protection Authority (EPA) of Victoria, which included …
Read More »Large-scale investigation prompts underage gambling concerns in Australia
Australia’s state of Victoria has concluded its most comprehensive investigation into underage land-based gambling to date, with the results speaking for themselves. The state treasury is now AUD $499k (£250k) richer following 14 prosecutions and 98 charges against 10 entities challenged by the Victorian Gambling and Casino Control Commission (VGCCC). A complaint filed with the VGCCC by a concerned mother …
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