Insights
Parliament passes AML/CTF amendment bill
The Gambling Legislation Amendment (Pre-commitment and Carded Play) Bill 2024 (Vic) (Bill) was read in the Legislative Assembly for a second time on 27 November 2024.
Chambers and Partners: Gaming Law 2024 Trends and Developments
We’re delighted to release the 2024 edition of Chambers and Partners Gaming Law Global Practice Guide - Gaming Law Trends and Developments.
The Cost of Non-Compliance: Australia’s Largest AML/CTF Sanctions
Australia has witnessed significant enforcement actions in response to Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) non-compliance and gambling industry compliance generally.
Carded gaming Bill proposes to reform EGM play in Victoria
The Gambling Legislation Amendment (Pre-commitment and Carded Play) Bill 2024 (Vic) (Bill) was read in the Legislative Assembly for a second time on 27 November 2024.
Tassie hits pause on mandatory cashless gaming reforms
The Tasmanian government has this week announced a deferral of the introduction of cashless gaming in the state.
Multiple Australian Wagering Brands? Insights from the Australian wagering landscape.
While operating multiple brands under a single wagering license offers advantages such as resource sharing and the ability to target specific customer segments, it also presents challenges…
AML/CTF customer identification and verification changes for online wagering operators
From 29 September 2024, more stringent customer identification and pre-verification requirements applicable to WSPs will come into force across all Australian jurisdictions.
How UK compliance expectations around AML/CTF and withdrawal delays impact Australian wagering operators.
Poorly drafted and unfair contract terms and conditions can exacerbate the level of customer complaints received by operators and in turn regulatory bodies.
Navigating Point of Consumption Tax (POCT) Grouping Provisions: What Wagering Service Providers need to know
Each Australian state and the Australian Capital Territory has, over the last seven years, introduced tax regimes which apply to licensed wagering service providers (WSP) including bookmakers, betting exchange operators and corporate bookmakers known as point of consumption tax (POCT).
AUSTRAC National Risk Assessments on Money Laundering and Terrorism Financing – important insights for the gambling sector
AUSTRAC’s recently released Money Laundering in Australia and Terrorism Financing in Australia National Risk Assessments are important reading for gambling industry participants.
Northern Territory Sports bookmaker licensees urged to review their Terms and Conditions.
The newly constituted Northern Territory Racing and Wagering Commission (NTRWC) has issued a timely reminder to Northern Territory sports bookmaking licensees to review their terms and conditions carefully to ensure that they accurately reflect the recent changes implemented by the Racing and Wagering Act 2024 (NT) (Act).
Hospitality and Racing NSW announce its Regulatory Priorities July to Dec 2024
Hospitality and Racing NSW has released its Regulatory Priorities, July to December 2024 (Regulatory Priorities).
Can Wagering Service Providers promote and market the Olympics in gambling advertising?
With the 2024 Paris Olympics fast approaching and community excitement growing, businesses will look for opportunities to benefit from the profile and interest in the event.
ACMA Announces Compliance Priorities for 2024-2025
The Australian Communications and Media Authority (ACMA) has recently outlined its compliance priorities for 2024-25 with a number of notable focus areas for participants in the gambling sector.
Reforming Australia’s anti-money laundering and counter-terrorism finance regime
Australian Government, Attorney-General's Department - Paper 5: Broader reforms to simplify, clarify and modernise the regime
Northern Territory (NT) “revenue unit” amounts are increasing on 1 July 2024
In the NT, “revenue units” are used as a simple way of maintaining the real value of specified fees and charges while taking into account inflation. In the NT, fees and charges are often described as being multiples of a “revenue unit” rather than dollars.
Victorian Regulator (VGCCC) reviews activity statements and issues new expectations document
The National Consumer Protection Framework (NCPF) outlines the requirements for activity statements which are to be provided to active wagering customers of each wagering service provider in Australia.
I have a bookmaking licence now what? A guide to becoming an authorised interstate betting operator in South Australia
Part 3 of Series “I have a bookmaking licence now what?”
Let the games begin! A guide to sports product fee and integrity approvals in Australia
Before a bookmaker can legally offer a market on a particular sport, and accept bets on that sport, the bookmaker must first have in place a “product fee and integrity agreement” (also known as a “PFIA”) with the relevant sports controlling body that governs that sport in Australia (should one exist).
Credential stuffing: a risk for the global wagering and sports betting industry with customers having betting accounts with multiple brands
One of the major threats faced by B2C industries, including the wagering and sports betting industry, is credential stuffing.
And they’re off! A guide to race fields approvals in Australia
Part 1 of Series: “I have a bookmaking licence now what?”
AUSTRAC commences investigation into online betting company bet365
Read the full article on the AUSTRAC website.
Daily Asia Gaming eBrief: Cambodia moving towards a regulated gaming environment
Read the full article on the Asia Gaming Benefit LinkedIn page.
Preventing and addressing unregulated online gambling
Read the full article published on the International Association of Gaming Regulators website.
NSW Government to introduce Responsible Gambling Officers in licenced gaming venues
From 1 July 2024, the NSW Government will introduce Responsible Gambling Officers (RGOs) in licensed venues.
Promoting and advertising Electronic Gaming Machines – the rules that every gaming venue should know
Gaming machines represent a major investment and element of the offering for many clubs and pubs across Australia, and it is no surprise that they want consumers to know about their gaming machines on offer.
The distribution of Australian sports data into foreign jurisdictions
The distribution of Australian sports data into foreign jurisdictions
In review: licensing and taxation of gambling activities in Australia
licensing and taxation of gambling activities in Australia
National consumer protection framework for online wagering - consistent gambling messaging implementation plan
From 30 March 2023, all licensed online wagering service providers and licensed bookmakers in Australia will be required to display new nationally consistent gambling messaging...
Australia's Northern Territory mulls landmark crypto gambling regulation
Compliance Checklist
What is Gambling?
The Gambling Legislation Amendment (Pre-commitment and Carded Play) Bill 2024 (Vic) (Bill) was read in the Legislative Assembly for a second time on 27 November 2024.
Australia’s Million Dollar promotional lottery “Million Dollar Vax” launches to reward vaccinated individuals and reduce the community impact of the COVID-19 pandemic.
Launched this week in Australia, the Million Dollar Vax campaign targets small and large businesses and those in lower socio-economic circumstances and vulnerable communities...
Julian Hoskins on the operational changes to come from Crown royal commissions
Crown Royal Commission
Rewarding high value customers through VIP gambling programs is taut with commercial and regulatory tension
The starting point for this discussion is that VIP rewards programs are legitimate tools to recognise and reward customer loyalty and provide a differentiated and more bespoke service to higher spending players.
Gambling regulators & industry ought to get in the regulatory sandbox
It is terribly easy to avoid risks by creating cumbersome regulations and blunt barriers to entry. But without risk there is no innovation...