Australia

ACMA Warns SEN+ for Breach of Gambling Ad Rules

Published

1 year ago

September 26, 2019

ACMA Warns SEN+ for Breach of Gambling Ad Rules

Reading Time: < 1 minute

The Australian Communications and Media Authority (ACMA) has warned Pacific Star Network (PSN) for streaming gambling ad during the live audio coverage of the 2019 Australian Open through its SEN+ online sports radio. The advert was in relation to an online service that provides information to subscribers about horse racing.

According to the ACMA, SEN+ streamed the gambling ad at 10:58 AM on January 23, ahead of audio coverage of the Australian Open commencing at 11:00 AM. Gambling ads are banned five minutes before the scheduled start of play and five minutes after the event finishes. ACMA said that this placed SEN+ in breach of section 12 of Broadcasting Services (Online Content Service Provider Rules) 2018.

“Online service providers need to be aware of their obligations. The rules are in place to create a safe zone for children and families as they enjoy live sport broadcast on television or streamed online,” ACMA chair Nerida O’Loughlin said.

ACMA ordered PSN to commission an independent audit of its processes and practices, as well as conduct staff training to ensure future compliance with the rules. After the audit, PSN must report any findings and recommended improvements to the ACMA.

Australia

Tabcorp Revenue Declines 5.7% During Three Months to September 2020

Published

2 days ago

October 22, 2020

Niji Narayan

Tabcorp Revenue Declines 5.7% During Three Months to September 2020

Reading Time: < 1 minute

Australia’s Tabcorp has reported a 5.7% decline in revenue for the three months to September 2020.

The trading update formed part of an investor presentation at the company’s AGM, with Managing Director and CEO David Attenborough revealing the slight 5.7% decline was mainly felt in its Gaming Services segment which fell 55.2% on the closure of licensed venues. Lotteries and Keno revenue was down 6.9% year-on-year with Wagering and Media down 2.9%.

“The duration and severity of COVID-19 is unclear, however Tabcorp remains well placed with our resilient, diversified earnings base and strengthened balance sheet,” Attenborough said.

Australia

AUSTRAC Launches Formal Investigation into Crown Melbourne Over AML Concerns

Published

4 days ago

October 20, 2020

Niji Narayan

AUSTRAC Launches Formal Investigation into Crown Melbourne Over AML Concerns

Reading Time: < 1 minute

AUSTRAC, Australia’s financial crime watchdog, has launched a formal investigation into potential infringements of the country’s anti-money laundering laws by Crown Resorts.

In a Monday morning filing with the Australian Securities Exchange, Crown revealed that it had been informed of the investigation by AUSTRAC after the authority’s Regulatory Operations branch identified potential non-compliance by Crown Melbourne of the Anti-Money Laundering and Counter Terrorism Financing Act 2006 and the Anti-Money Laundering and Counter Terrorism Financing Rules 2007.

The potential non-compliance relates to “ongoing customer due diligence, and adopting, maintain and complying with an anti-money laundering/counter terrorism financing program,” Crown said.

It added that the concerns were identified “in the course of a compliance assessment that commenced in September 2019 and focused on Crown Melbourne’s management of customers identified as high risk and politically exposed persons.”

Australia

ACMA Moves to Block Two More Illegal Gambling Websites

Published

1 week ago

October 15, 2020

Niji Narayan

ACMA Moves to Block Two More Illegal Gambling Websites

Reading Time: < 1 minute

The Australian Communications and Media Authority (ACMA) is set to request the Australian internet service providers (ISPs) to block two more illegal offshore gambling websites.

The sites to be blocked are Dinkum Pokies and Fortune Clock Casino. Following numerous complaints about these services, including complaints about withholding winnings and poor player treatment, ACMA undertook investigations that found them to be operating in breach of the Interactive Gambling Act 2001.

Website blocking is one of a range of enforcement options to protect Australians against illegal online gambling. Since the ACMA made its first blocking request in November 2019, 150 illegal gambling websites have been blocked.