Industry
March 6, 2023
Ladbrokes Hit with $80K Penalty in NT Australia
Ladbrokes, which is operating in the state as a regulated and licensed entity, is accused of failing to limit the damage by a financial advisor, one Gavin Fineff, who ended up stealing millions of dollars from his clients to fuel his gambling addiction. Gambling Addiction Pushes Punter to Extremes Fineff pled guilty and owed up […]
Industry
February 28, 2023
Australian Regulator Harshly Criticizes New Self-Exclusion Tool
Australian Broadcasting Corporation (ABC) reported that in an attempt to tackle problem gambling, a new national self-exclusion register, called BetStop, has been developed to help problem gamblers block themselves from the lure of sports betting. However, despite its AUD 40 million ($26.9 million) price tag, there is no guarantee that it will be an effective […]
Legal
February 8, 2023
Australian Regulator Fined Bet Nation but Some Believe More Should Be Done
The Northern Territory Racing Commission fined Amused Australia, the firm behind Bet Nation, for promoting its products to self-excluded individuals. Experts are not certain whether the fine will be enough to make the company change its approach. Bet Nation Promoted Promo Offerings to Excluded Persons In December, the Northern Territory regulator fined Bet Nation, which […]
Legal
December 22, 2022
Betr Slammed with a Fine for Promoting to an Excluded Player
Betr, a sports betting operator focusing on micro bets, has been fined in Australia. As reported by ABC News, the gambling company breached the local rules by incentivizing a self-excluded gambler to play. Betr Promoted Betting to an Excluded Customer The player in question simply referred to as “Mr M,” was contacted by betr prior […]
Industry
April 9, 2021
Northern Territory Poker Machines Drive Record High Losses in 2020
Poker machines in the Northern Territory led to record-high losses once venues were allowed to reopen in July 2020. Northern Territory Poker Machines Drive Player Losses Gamblers were spending a pretty penny on poker machines in the Northern Territory in 2020, with consumers looking back for a quick re-entry in gambling clubs, casinos, and hotels. It all […]
