Tue. Jul 9th, 2024

Australian Media Watchdog Cracks Down on Unlicensed Gambling Operators

The Australian media watchdog, known as the ACMA, has been actively pursuing gambling entities violating regulations. Multiple firms received official cautions last month, although this information was only recently disclosed.

Mad Entertainment, the group behind the Golden Lion casino, faced significant consequences for providing services to Australians without the necessary authorization under the 2001 Interactive Gambling Act (IGA). It appears Golden Lion was caught in the act with casino offerings accessible in Australia and even possessed connections specifically designed for Australian patrons.

Paloma Media, the organization operating the esports wagering platform Thunderpick, committed a comparable error. They permitted users in Australia to reach their site for a period, despite lacking the authorization to do so.

Betibet’s managers, Dama and Friolion Limited, also received a formal reprimand because individuals in Australia could access Betibet. It appears this wasn’t the first instance of Dama and Friolion Limited being discovered breaching regulations.

Dama encountered difficulties for managing Greenspin, Slotman, and Jeetcity in Australia without a license, and Friolion was also apprehended for Greenspin and Slotman.

The ACMA reiterated to all parties that under Australian legislation, if even a single customer is physically present in Australia, the entire website is deemed to have connections to Australian clientele.

Online platforms offering real-money wagering on chance-based or skill-based games, with the potential for monetary rewards, fall under the category of gambling platforms. The Australian Communications and Media Authority (ACMA) maintains a public registry of authorized gambling entities on its digital platform to safeguard users. These organizations have received licenses from governing entities such as the NSW Liquor & Gaming, the Northern Territory Racing Commission, the Victorian Commission for Gambling and Liquor Regulation, or the Queensland Racing Integrity Commission.

It’s worth highlighting that these are not the sole operators who have encountered difficulties in Australia lately. A short while ago, Ladbrokes, Neds, bet365, and Sportsbet were all determined to be non-compliant with regulations, particularly concerning in-play wagering.

Author

By William "Whisper" Anderson

This accomplished writer holds a Bachelor's degree in Applied Mathematics and a Master's in Financial Engineering. Their expertise in stochastic calculus, time series analysis, and risk management allows them to provide in-depth analysis of casino games and betting strategies. They have a passion for educating readers on the mathematical foundations of gambling and helping them make informed decisions. Their work has been published in numerous industry journals and online platforms.

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