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TOPSPORT FINED $60,000 FOR ILLEGAL GAMBLING ADS

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TOPSPORT FINED $60,000 FOR ILLEGAL GAMBLING ADS
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The courts have sent a strong message to those who post illegal gambling advertisements, fining Merlehan Bookmaking Pty Ltd, trading as TopSport, $60,000 last week, as a result of an investigation by Liquor & Gaming NSW.

Liquor & Gaming’s Compliance Director Marcel Savary said under the Betting and Racing Act 1998, it is an offence to publish a gambling advertisement that offers any inducement to participate, or participate frequently, in any gambling activity.

“TopSport pleaded guilty to three illegal gambling advertisement offences in Downing Centre Local Court on Wednesday and was fined $20,000 per offence, totalling $60,000. They were also ordered to pay Liquor & Gaming NSW’s legal costs,” Mr Savary said.

“Two of the offences relate to publications on the TopSport website of the availability of a ‘Top Up’ feature which is a form of enhanced odds. The third offence is related to the promotion of a weekly tipping competition on the Sporting Base website offering TopSport bonus bets as a prize for the top tipsters. The offences occurred in August and September 2020”

“The laws are there for a reason. Enhanced odds and tipping competitions linked to betting accounts have the ability to induce people to open a betting account when they otherwise may be refraining from gambling and they may encourage people to gamble more frequently.

“During sentencing the Magistrate noted TopSport didn’t have previous convictions for this type of offence however there was a need for specific and general deterrence,” Mr Savary said.

The maximum penalty is $110,000 for offences contrary to section 33H(1) of the Betting and Racing Act 1998.

Liquor & Gaming will continue to monitor betting service providers compliance with these laws and take strong action for serious and blatant offending.

Australia

CASHTOCODE ENTERS AUSTRALIAN MARKET WITH EPAY AUSTRALIA

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CASHTOCODE ENTERS AUSTRALIAN MARKET WITH EPAY AUSTRALIA
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New alternative deposit option for Australian based licenced wagering, skill game and lottery operators 

CashtoCode, the instant deposit service for online betting, skill, and lottery operators, today announced its expansion into Australia via a partnership with epay Australia.  The service is now live across more than 2,000 retail locations including petrol stations, newsagents, and small independent stores, with plans to increase that number to 11,000 later this year.

CashtoCode enables Australian users to top up a variety of online wallets accounts via cash or deposits made in store, and it is aiming its service at online betting brands that have gained an Australian license for online sports betting and skill games.

There are more than 25 licensed online wagering, lottery, and skill-based businesses in Australia. CashtoCode hopes that these kinds of brands will be looking to add cash deposits to their payment portfolios, to offer their customers more variety, and appeal to those that prefer cash payments for privacy, security, and self-control reasons.

For Australian operators, a top priority when considering new deposit options is increasing distribution. epay is the largest private network of prepaid terminals in Australia and enables a range of retail venues in the country to offer mobile top ups, payment services and bill payments such as prepaid utility. epay locations nationwide include BP, Shell, Coles, Woolworths, IGA, WHSmiths and a number of small convenience stores.

This is the first time that CashtoCode has been made available in Australia, and it follows multiple successful expansion efforts in 2021, including other countries in Asia Pacific, some Africa nations, and markets across Latin America.

CashtoCode is a closed-loop cash deposit option that is low-risk for operators, since its vouchers cannot be transferred between users. They can only be redeemed by the account holder/customer, thereby eliminating the risk of fraud, money laundering or chargebacks – all three being common concerns in the online betting and wagering industry.

“Australia offers a fantastic business opportunity for online wagering and betting brands,” said CashtoCode CEO and co-founder, Jens Bader. “It is a thriving market and one we’re keen to play a part in. We’ve seen in Europe and our other international markets that cash can be a great payment option for customers that are keen to control their payment speed, or simply prefer it for privacy reasons. We expect to see the same situation in Australia, and believe that many Australian operators are looking to diversify their payment options for players.”

 

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Australia

Foxtel Breaks Rules with Live Sport Betting Promotion

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Foxtel has breached broadcasting rules by airing a segment promoting a betting service during the live broadcast of an AFL match on Easter Monday afternoon.

An Australian Communications and Media Authority (ACMA) investigation found the broadcast breached the rules in the Subscription Broadcast Television Codes of Practice.

ACMA Chair Nerida O’Loughlin said under the rules broadcasters must not air gambling advertising during or within five minutes of live sports broadcast between 5 am and 8.30 pm.

“These rules are in place to reduce exposure to betting promotions. In particular, parents worry about their children seeing gambling ads, especially those associated with shared family activities like sport,” Ms. O’Loughlin said.

“Foxtel is well aware of the rules and it is disappointing that this betting promotion was allowed to go to air.”

Foxtel self-reported the breach to the ACMA following a complaint from a viewer. The breach of the rules occurred as a result of human error during the live broadcast.

Following the breach finding, Foxtel provided refresher training to staff about Foxtel’s obligations relating to betting advertising under the Code. Foxtel has also introduced new controls to ensure that gambling advertisements are not improperly broadcast during live sporting events in the future.

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Australia

Lawrence Levy Resigns as CEO of Ainsworth Game Technology

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Ainsworth Game Technology has announced that Lawrence Levy has advised the Company of his intention to resign from the role of CEO effective Friday 10th September 2021.

The Company also announced that Harald Neumann will be appointed as the new Chief Executive Officer. Neumann has been a director of Ainsworth since February 2017.

Mark Ludski, Chief Financial Officer, will undertake the additional role of interim CEO until the appointment of Neumann takes effect to ensure continuity of leadership and oversight of the Company’s operations.

“On behalf of the Board, we thank Lawrence for his contribution through challenging times. Lawrence has decided to resign for personal reasons, and we wish him well. We are fortunate to be able to appoint Harald as our new CEO. As the former successful CEO of Novomatic AG, our major shareholder, and a director of AGT, he brings a wealth of knowledge and experience to the role with a thorough understanding of AGT. He will be able to seamlessly transition to the new position. Harald will be based in Las Vegas where he can lead AGT in our largest market continuing to drive growth and recovery,” Danny Gladstone, Chairman of Ainsworth, said.

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