Tag Archives: australia

Entain responds to Australia drug money allegations

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

BetMakers welcomes betM transition to Apollo platform

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

SBC News 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

SBC News 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 …

Read More »

Tabcorp reaps Victoria Licence benefits in first stage of turnaround

SBC News Tabcorp reaps Victoria Licence benefits in first stage of turnaround

Tabcorp Holdings stands by its long-term recovery strategy as a new leadership team takes control of the heritage ASX gambling group, with the pledge to secure new costs savings. Publishing its H1 2025 accounts, Tabcorp underscored the need for clear accountability to turn around the performance of a business impacted by a full-year 2024 statutory net loss of AU$1.4bn (€850m). …

Read More »

ACMA flexes muscles in new illegal gambling crackdown

SBC News ACMA flexes muscles in new illegal gambling crackdown

The Australian Communications and Media Authority (ACMA) has ordered the ban of eight illegal online gambling operators. Since 2019 when the regulator first began enforcing its authority through blocking order requests, a total of 1,154 illegal gaming and affiliate websites have had access to them permanently restricted.  Furthermore, around 220 illegal services have also permanently moved out of the market …

Read More »

BetMakers deepens commitment to Sportsbet racing product

Horse racing

BetMakers Technology Group has extended its partnership with Australia-based wagering operator Sportsbet. The enhanced agreement will see BetMakers continue to supply Sportsbet with its pricing and data solutions that will further expand the global footprint of the latter’s racing book.  Leveraging BetMakers’ global race day control technology will allow Sportsbet to optimise its market management, racing event life-cycle, as well …

Read More »

WA toughens gambling compliance as Australia waits on Labor ads code

SBC News WA toughens gambling compliance as Australia waits on Labor ads code

The government of the Commonwealth State of Western Australia (WA) has announced that it will increase penalties for gambling infringements in a move to toughen enforcement and oversight of gambling compliance. New amendments to WA gambling laws have been signed by State Premier Roger Cook to impose significant penalties for breaching WA gambling laws and to support the regulator’s compliance …

Read More »

BetMakers lauds ‘substantial improvements’ across Q2 FY2025

Q2

BetMakers’ Executive Chair Matt Davey lauded “significant results” from the betting technology provider’s transformation strategy as improvements were revealed in the firm’s Q2 FY2025 results.   Throughout 2024, the ASX-listed betting systems provider implemented several initiatives to enhance its operational efficiency – including a 6.4% reduction in staff costs and a 24-month, $3m debt facility with Tekkorp Holdings to provide additional …

Read More »

NSW bans gambling advertising on Transport network

SBC News NSW bans gambling advertising on Transport network

Gambling advertising will no longer be permitted on the transport network of the Australian state of New South Wales (NSW). This morning, NSW Premier Chris Minns signed a ‘prohibition agreement’ to ban gambling advertising from being displayed on all state-owned transport assets. NSW will prohibit gambling advertising across its transport network, including trains, metro services, trams, and taxis. Additionally, the …

Read More »