NSW to review Tabcorp’s 20% betting tax proposal
The Australian state of New South Wales (NSW) is set to take a closer look at Tabcorp's request to raise the point of consumption tax to 20%.Currently, wagering...
NSW gambling advertising fines have surpassed AU$1.1m
Liquor and Gaming NSW has recently published a piece about the state’s gambling industry’s advertising failures.
The report started off by mentioning the headline figure of over 1.1 million Australian dollars in fines, which Liquor and Gaming NSW has accrued since 2016. The authority further added that more than 800 thousand dollars of the total have been paid by gambling firms that have been prosecuted in court, while the authority itself has issued fines totaling 270 thousand dollars.
Liquor and Gaming NSW then talked about one of its latest fines, which involved the gambling operator Bet Right, which has recently been hit with a fine of 20 thousand dollars by the regulator. The company was issued the penalty following an investigation by the regulatory body that found that the operator was promoting enhanced odds, which are illegal in the region through the state’s ban on gambling inducements.
The post also covered a few of the regulator’s previously issued penalties, such as the 210 thousand-dollar fine received by Betr, which is to date the largest fine given in the state for incentivizing gambling through offering special deals or odds. The authority concluded the report by stating that it will continue monitoring various verticals for unauthorized advertisements and that it will advocate for local courts to increase the sizes of future penalties.
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NSW to extend cashless gambling program
The government of NSW will be extending its trial of cashless gambling in the Australian state.The trial was initially started in late September by Liquor and Gambling...
