One of Australia’s online sports betting site, TopBetta, has been fined about $15 000 by the Liquor and Gaming for influencing the bets. The New South Wales-based gambling firm has been found to have produced illegal bets between 2014 and 2015 respectively, reports confirmed.
The New South Wales’ Liquor and Gaming board said the bookmaker breached the advertising and regulation laws through one of its promotions in the period in question. According to the report on the boards’ website, their offer named ‘NO LOSE SATURDAY’ by the betting giants was a scam.
The Downing Centre Local Court has found the betting firm guilty of dishonesty and ordered to pay about $5000 worth of fines plus $11 000 of other charges.
TopBetta was found guilty because of the promotional bonus they ran. As part of the conditions, the bonus has promised to refund the customers’ first Saturday betting loss of up to $1 000 but did not honour the promise.
TopBetta Bets can’t cope with New South Wales laws
The Australian government has tried for many years now to amend the internet gaming laws, but other states are not backing down. It is largely known that the current gambling regulations, including the controversial Interactive Gambling Act, are a thorn to the government as few prominent figures want to curb gambling while others are against the idea.
Some states, including Tasmania, are trying by all means to control the pokies activity and how their respective communities engage in gambling, New South Wales is no different.
The State of New South Wales excludes its residents from a lot of gambling promotions and offers. This is despite other states having rules that control gambling, although not as tough. It looks like TopBetta will learn the hard way from the rules. This is because most advertisements on TV need to be ‘censored’ specifically for the NSW residents.
The premier of the NSW state, Troy Grant, has unapologetically banned ‘in-play’ betting adverts on TV since 2015. This is part of his plan to curb what he themed; ‘proliferation’ of online gambling. The bans are to be put into effect before the end of the second quarter of 2016.