Tag Archives: australia

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 …

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 …

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 …

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 …

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). …

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 …

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 …

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 …

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 …

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 …