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Charlotte Wilson: Key Takeaways from Regulating The Game In Sydney

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The action-packed event, which took place from March 7th to March 11th, was a huge success. The event included multiple partners and key industry players who provided invaluable insights for the gambling regulation. 

The collaboration between the International Center for Gaming Law (ICGR) and the prestigious Senet body—gambling Australia’s law, regulatory, and compliance body—set the precedent and provided training on cutting-edge gambling regulatory frameworks suited to the dynamic modern gambling landscape. 

Australia-Casino journalist Charlotte Wilson closely followed the Sydney event and identified a wide range of gambling regulation issues raised by different experts. According to Charlotte, the training provided a concise road map for improving the gaming environment in order to ensure guaranteed safety and long-term gambling practices that adhere to national and international legal frameworks. Below is a summary of the event’s proceedings as recorded by Charlotte Wilson.

“Regulating The Game” Intensive Training Program

According to the event organizers, the main goal of the event was to provide intensive training. The mission is to significantly improve key players’ sector knowledge, organizational capabilities in the Australian gambling market, and generate discourse for best practices in the current regulatory framework. The hope is to foster progressive thinking to secure the future of the rapidly growing industry.

The five-day event, in particular, challenged the existing status quo in the local gambling industry. Contesting the current operational models used by the majority of providers from an outsider’s perspective. The initiative “Regulating The Game” was a call to action for the sector’s leadership. Instigating such players to be more curious, contest existing ideas, collectively share insights on best ways to overcome the challenges posed by public policy, and also create a new culture. One that strives to continuously improve the gambling environment in Australia.

Senet’s Overview of Australia’s Gambling Industry

Money laundering and other criminal activities in the local gambling market, according to Paul Newson, a Senet gambling regulations specialist in Australia, take advantage of existing regulatory loopholes. Paul Newson stated that Senet is at the forefront of dealing with compliance issues among local providers. He urged all industry players to be proactive in responding to regulatory deficiencies in order to build a more resilient sector.

“All stakeholders must be proactive and play an active role in the public square,” Paul said during the five-day conference. Their input must be supplemented by taking into account the views of other stakeholders. It is the most effective strategy for influencing public policy in favor of an all-encompassing and equitable regulatory framework that is tailored to current security threats undermining the gambling industry.”

Ways Attendees Will Benefit From the Program

The expert content presented in the “Regulating The Game” training, as well as the networking platform that encouraged debate among key sector players, piqued the participants’ interest. The event’s general atmosphere broke down barriers among Australia’s gambling providers, resulting in candid discussions about sector issues, prospective opportunities, and potential risk factors.

Not all attendees in the integrated environment understood or applied regulatory principles to leverage advantages such as formulating tried and tested public policies, capitalizing on emerging trends in the global gambling industry, or implementing intelligent risk-based policies to protect their entities from fraudsters.

The partnership between International Center for Gaming Law (ICGR) and Australia 

The International Center for Gaming Regulation, University of Nevada, Las Vegas (ICGR) collaborated seamlessly with Australian gambling industry leaders. The five-day event brought together experts in research, law, intelligence, public policy, investigations, and regulation, making it a one-of-a-kind and well-rounded gathering. Such is not typical in the Australian market.

ACMA, which enforces Australia’s Interactive Gambling Act, AUSTRAC, the official financial intelligence unit in Australia’s gambling niche, and the AML/CTF regulator were among the key figures in the event. Bringing such actors together is difficult, but the event achieved an impeccable balance that evoked a collaborative effort between these bodies. The various representatives discussed emerging risks in the gambling industry, their personal priorities, and their position on the current regulatory framework.

Key Resolutions from “Regulating The Game” Training

The main takeaways from the historic event include the established opportunity for gambling operators and regulators to form a long-term relationship that could shape a prosperous future for Australia’s industry. The collaboration of Australian gambling regulation specialists and international regulators provided a road map for local providers to national and international expansion. In addition, the local market resolved to engage in healthy and productive competition through networking channels that inform compliance and regulatory policy.

Recap

Australia’s gambling market is unlike any other in the world, and it has enormous growth potential. The Queensland government valued the market at more than $225 billion in 2019. This figure skyrocketed due to an increase in online gamblers during the 2020 and 2021 pandemic, and the resulting containment measures. Initiatives such as “Regulating The Game” help to consolidate the Australian market and ensure a unified regulatory front in the industry’s expansion efforts.

Charlotte Wilson has been an iGaming journalist for Australia-Casino since 2019. Contact information: [email protected]

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Australia

NSW Govt Appoints New Board Members to ILGA

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The NSW Government has made appointments to the board of the Independent Liquor and Gaming Authority (ILGA), including a deputy chairperson and two new members.

Associate Professor Amelia Thorpe and Nicholas Nichles have been appointed following a rigorous public expression of interest selection process. Additionally, existing member Chris Honey has been appointed deputy chairperson.

ILGA is a statutory decision-maker responsible for a range of liquor, registered club and gaming machine regulatory functions including determining licensing and disciplinary matters.

The appointments follow the end of the term of appointment for outgoing deputy chairperson Sarah Dinning, and also fill vacancies that existed on the board.

Mr Honey, who was appointed a member of ILGA earlier in 2024, has been named deputy chairperson until the end of his current appointment term (11 February 2027).

Mr Honey has extensive experience in the advisory and restructuring field, including working extensively in highly regulated sectors.

Associate Professor Thorpe and Mr Nichles have both been appointed for four years commencing 6 November 2024.

Associate Prof Thorpe is with the Faculty of Law & Justice at the University of New South Wales and an Acting Commissioner of the NSW Land and Environment Court.

Mr Nichles was previously a Consul General and Senior Trade and Investment Commissioner for Australian Government agency Austrade, based in the US.

The new appointments bring the ILGA board membership to seven. The new appointments will join chairperson Caroline Lamb, new deputy chairperson Mr Honey and current members Cathie Armour, Jeffrey Loy APM and Dr Suzanne Craig.

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Australia

Australia’s BetStop Receives International Regulatory Award

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The Australian Communications and Media Authority (ACMA) has been recognised with an international award for regulatory excellence for the launch of BetStop – the National Self-Exclusion Register.

The International Association of Gaming Regulators (IAGR) announced that the ACMA received the Regulatory Excellence Award at the 2024 global regulators conference, citing the complex delivery and regulatory challenges that were overcome to create Australia’s first centralised exclusion register.

ACMA Chair Nerida O’Loughlin praised ACMA staff who worked on the initiative and the success of the register in helping people make considered and supported decisions about their gambling.

“BetStop – the National Self-Exclusion Register represents a significant enhancement of consumer safeguards available to Australians who gamble,” Ms O’Loughlin said.

“The IAGR award for regulatory excellence is a recognition of the dedication and collaboration of ACMA staff in delivering this important safeguard, which has supported the more than 30,000 Australians registered to date.”

Figures released in August to mark the register’s first 12 months showed younger Australians embracing self-exclusion, with almost half of registrants aged 30 and under and around 80% aged 40 and under.

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Australia

ALLIANCE PARTNERS TABCORP AND 1/ST CONTENT COMPLETE DEAL WITH THE JOCKEY CLUB OF TURKIYE TO DELIVER TURKISH RACING TO AUSTRALIA VIA SKY RACING

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ALLIANCE PARTNERS TABCORP AND 1/ST CONTENT COMPLETE DEAL WITH THE JOCKEY CLUB OF TURKIYE TO DELIVER TURKISH RACING TO AUSTRALIA VIA SKY RACING
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The Jockey Club of Turkiye (Türkiye Jokey Kulübü, “TJK”) has entered into a long-term agreement with Tabcorp, Australia’s foremost wagering and entertainment company, and 1/ST CONTENT – a key division of 1/ST, the premier racing company in the Americas – to deliver domestic Turkish Racing to Australian fans via Sky Racing.

This breakthrough partnership will allow Tabcorp to distribute live domestic Turkish racing via its suite of market-leading Sky Racing channels in Australia for tote (pari-mutuel) and fixed-odds betting, thereby opening the gateway to broadcast more top-class and competitive Turkish racing to both wagering and non-wagering fans of the sport.

Tabcorp’s wagering arm, TAB, which has retail exclusivity across most of Australia, will be the first wagering operator to offer both vision and betting on racing from Turkey for its customers.

1/ST CONTENT, TJK, and B2E Racing Content, an Irish racing content company, have worked side-by-side to deliver on this opportunity to benefit racing fans worldwide. As TJK’s exclusive long-term partner, not only for international media and wagering distribution but also new pari-mutuel wagering types and fixed-odds technology, 1/ST CONTENT’s trading team and sister company 1/ST TECHNOLOGY’s overarching platform will facilitate the requisite betting architecture and pathways.

A fully-owned subsidiary of Tabcorp, Sky Racing imports and broadcasts over 72,000 international races per year. Now, all of Turkish racing, including highlights such as the world-renowned Gazi Derby, is available to Australian audiences alongside other feature global festivals like this week’s Breeders’ Cup World Championships, the US Triple Crown, the Epsom Derby and Royal Ascot.

Paul Carew, Chief Operating Officer at Tabcorp, said: “Thanks to our wider strategic alliance with 1/ST CONTENT, together with Arena Racing and Racecourse Media Group, Sky Racing continues to strengthen its position as Australia’s passport to the best international racing, and this new deal eloquently demonstrates that point. It’s a partnership that underlines our ongoing dedication to corralling more top-quality racing, this time from Turkey, a country boasting a rich history with thoroughbred racing. Anyone who’s ever seen the Gazi Derby knows this is a nation that loves its horses, and it routinely produces thrilling action together with some breakout trainers and jockeys on the world stage.

“We’d like to thank our good friends at both the TJK and 1/ST CONTENT for facilitating this delivery and integration in trademark seamless fashion. It is exciting for racing operators who are connected with our strategic alliance partners to start enjoying the benefits of our new co-operation.”

Simon Fraser, Senior Vice President International at 1/ST CONTENT, added: “This agreement once again shows the power and flexibility that our recent strategic alliance has secured, with the localized expertise to benefit a host of new global clients. These complementary long-term partnerships are the bloodline for bringing a first-class international racing experience to new audiences.

“This TJK deal also harnesses 1/ST’s broader array of products and services, demonstrating how a growing cohesion between our varied international partners is helping to return value to the genuine stakeholders of the sport in any given jurisdiction.

“Tabcorp naturally represent a strong and enduring collaboration for 1/ST CONTENT in the Australian market. Their distributional scope across digital and retail is second to none, while their local expertise is always a guiding hand for our delivery. We also look forward to further leveraging this relationship by delivering Turkish racing via Sky Channel to Tabcorp’s Asian customers in early 2025.”

Tuncel Aydın, Chief Executive Officer at TJK, commented: “Tabcorp’s Sky Racing is all about expanding the variety of premium international racing, and we’re thrilled to have added our exclusive Turkish content to this all-encompassing gateway for the finest assemblage of worldwide racing.

“We have already been impressed by the accuracy and reliability of 1/ST CONTENT’s betting technology and comprehensive international distribution, so they were our supplier of choice to enable this partnership which will drive growth and diversified revenues for our own domestic racing.”

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