ACMA warns Best Bookies’ Price for unlicensed operation

ACMA warns Best Bookies’ Price for unlicensed operation

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ACMA warns Best Bookies’ Price for unlicensed operation

The ACMA has recently issued a warning to Best Bookies’ Price for offering wagering without an appropriate license.

The regulator mentioned that the company offered a service to its users that let them compare the wagering odds offered by various licensed betting operators in Australia and placed wagers through the platforms of the compared businesses on behalf of the users. The ACMA stated that it recently deemed that the service matched the definition of a gambling offering under the Australian gambling laws, driving the regulator to issue a warning to the company and order the takedown of the service.

ACMA mentioned that the firm had the authorization to offer the offering in question from a state gambling authority, however, it does not possess an appropriate license to provide gambling in Australia and thus was in breach of the country’s gambling legislation.

The regulatory authority continued its announcement by urging all local licensed operators to carefully assess any new offerings they intend to deploy in the country to ensure that they remain in compliance with their licenses and do not offer any unauthorized services. Additionally, the regulator also urged Australian gamblers to ensure that they only enjoy the gambling pastime at a licensed and regulated business by checking the ACMA’s legal operators list.

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