Entain fined AU$13k by ACMA for accepting unauthorized bets
The bets in question that drove the regulator to issue the fine were in-play wagers, which the operator accepted nearly 80 of during the recently held LIV Golf championship in Thailand. The penalty involved two of Entain’s brands, Neds and Ladbrokes, which accepted 19 and 59 in-play wagers respectively.
The resulting 13.3 thousand Australian dollar fine is the highest the regulator could issue for the violations that took place. Entain has already paid the fine and has stated that in-play bets were offered because of a misconfiguration of the golf tournament’s start and end times in its internal systems.
The firm added that all of the violating bets have been voided and that it has revised its internal policies to reduce the likelihood of the violation happening again.
“Live betting during popular sports matches has an elevated level of risk associated with it, especially for bettors exhibiting various forms of problematic gambling behavior. Entain is a highly experienced operator, which makes its substandard internal systems for detecting and preventing such errors from happening quite disappointing, especially as we have emphasized the importance of such solutions numerous times in the past.”
remarked ACMA’s Chair, Nerida O’Loughlin.