Casino.org reports
Certain gambling laws in New South Wales (NSW), Australia, expire this September. As a result, the state is ready to bring new rules into play, some of which hope to prevent any more scandals in the local market.
The Betting and Racing Act 1998 and Betting and Racing Regulation 2012 regulate gambling in NSW. In addition, the Totalizator Act 1997 and Totalizator Regulation 2012 are part of the framework.
NSW wants to update the laws, primarily as they pertain to sports betting and racing. One of the ideas would expand the definition of prohibited inducements to include welcome offers and special odds.
Hefty Fines Coming to NSW
In addition, gambling advertising would not be able to encourage gamblers. These rules prohibit welcome offers that require users to create an account. The Independent Liquor and Gaming Authority (ILGA) considers these to be easy paths to “gambling-related harm.”
Operators would no longer be able to offer any types of “special odds” for the same reasons. In addition, sports fans would no longer see any type of gambling ads during some sporting events. The ILGA will receive the legal authority to determine whether ads violate the policy.
For breaking these rules, operators can see fines of up to AU$15,000 (US$10,786). Individuals can get a fine of AU$5,500 (US$3,954).
A new term arriving since the last big reform in 2021 is “sports controlling body.” Kevin Anderson, Minister responsible for liquor gaming and racing legislation, will be able to approve applications to become one of these entities for an event.
Separate legislation for totalizator regulations is currently in its draft form. It allows the distribution of gambling information brochures as well as the display of notices regarding counselling services in any part of a facility that offers totalizator bets.
The existing regulations are only in effect until September 2022. The new regulations, titled the Betting and Racing Regulation 2022 and Totalizator Regulation 2022, will support both Acts if they are successful. In addition, the legislation will allow annual fees operators pay to the government to increase.
Read full article. https://www.casino.org/news/nsw-plans-gambling-law-changes-could-ban-certain-benefits/
