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Senet Announces Gambling Regulatory Education Programme

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Senet Announces Gambling Regulatory Education Programme
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Specialised training for organisations in the gambling sector will be rolled out for the first time in Australia as part of a new partnership between Australia’s leading specialist gambling law, regulatory, and compliance advisory, Senet, and the International Centre for Gaming Regulation (ICGR).

Senet’s five-day gambling regulation education programme, Regulating the Game, is aimed at providing attendees with deeper sector knowledge and an understanding of key compliance and regulatory principles and how to apply them.

The announcement comes as a royal commission examines the regulation of the gambling industry in WA, informed by the NSW Bergin probe, as well as a royal commission being undertaken in VIC.

Senet regulatory and gambling specialist Paul Newson said the nature of the training was one-of-a-kind worldwide and would address the distinct challenges facing the industry in 2021.

“Australians love a punt and outspend the rest of the world by a decent margin per capita. In the face of regulatory headwinds and associated public policy uncertainty, it is increasingly important for industry to demonstrate effective governance, contribute to policy discussions and cultivate a workplace culture of compliance and social responsibility.

“This course will equip individuals and organisations alike to enhance their capacity to participate in policy discourse, inform effective public policy, contribute to efficient regulation and help achieve a secure, safe, responsible, innovative and vibrant sector.

“Training of this nature with a mix of Australian and international experts is not available anywhere – it’s truly exceptional – we’ve lined up a star cast of leading practitioners in gambling law and regulation with vast industry knowledge and experience.

“To name a few, Gaming Laboratories International will contribute vital regulatory technology expertise and AUSTRAC, Australia’s financial intelligence unit and AML/CTF regulator, will share its expertise around known and emerging AML risk in the gambling sector including casinos, bookmakers and licensed venues.”

Newson said the programme will run concurrently with the Australasian Gaming Expo (AGE), also held at the ICC Sydney, giving attendees further opportunities to experience emerging technologies and products and speak with leading industry figures about innovation and emerging trends that are expected to shape the future direction of the sector.

Australia

ACMA Blocks More Illegal Offshore Gambling Websites

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The Australian Communications and Media Authority (ACMA) has requested that Australian internet service providers (ISPs) to block more illegal offshore gambling websites, after investigations found these services to be operating in breach of the Interactive Gambling Act 2001.

The latest sites blocked include A Big Candy, Jackpoty and John Vegas Casino.

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, 995 illegal gambling and affiliate websites have been blocked.

Over 220 illegal services have also pulled out of the Australian market since the ACMA started enforcing new illegal offshore gambling rules in 2017.

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Australia

Tabcorp Appoints Gillon McLachlan as MD & CEO

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Australian gambling services firm Tabcorp Holdings has appointed former Australian Football League (AFL) boss Gillon McLachlan as its chief executive and managing director.

The appointment comes months after former chief Adam Rytenskild resigned over allegedly using “offensive” and “inappropriate” language at the workplace and as the firm navigates a strategic transformation amid heightened competition pressures.

McLachlan was the AFL chief executive for a decade during which he contributed to significant revenue growth and oversaw its expansion.

He will join Tabcorp on Aug. 5 and assume the roles of CEO and MD upon receiving regulatory approvals, the company said. He will receive an annual fixed remuneration of AU$ 1.5 million.

“In the two years since demerger, we have significantly improved our customer offering and delivered key structural reforms in Queensland and Victoria,” Tabcorp Executive Chairman Bruce Akhurst said.

“Gill brings an added dimension of having been responsible for some of the most significant media rights deals in Australian sports history and we’re excited about the potential growth opportunities for our wagering and media business under his leadership,” Bruce Akhurst added.

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Australia

BetMakers Appoints Carl Henschke as its New Chief Financial Officer

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BetMakers Technology Group Ltd, the leading global B2B provider of technologies and services that simplify betting at critical points in wagering, announced the appointment of Mr Carl Henschke as its Chief Financial Officer (CFO), effective 1 July 2024.

Mr Henschke brings over 17 years of experience in financial services, capital markets and legal sectors to BetMakers. He began his career as a solicitor in the corporate team at Herbert Smith Freehills, and for the past decade, he has worked as an investment banker. Most recently he served as Managing Director at Canaccord Genuity, focusing on software and digital businesses, including those in the wagering and betting sector. Mr Henschke’s expertise encompasses financial planning and analysis, strategy, capital management and M&A.

BetMakers CEO Jake Henson said: “We are delighted to welcome Carl as the company’s new CFO. His extensive financial expertise and deep understanding of high growth technology companies make him an ideal fit for BetMakers. Carl’s experience will be important as we continue to refine our operational efficiencies, expand our global presence, and enhance shareholder value.”

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