On Thursday, the Liquor & Gaming NSW fined the two Ladbrokes-owned online bookmakers $207,500 – the largest penalty of its kind in the state – for offering illegal inducements to gamble.
NSW law prohibits betting operators from advertising any kind of incentive to place a wager, including bonus bets, boosted odds and cash-back deals.
Ladbrokes was found guilty of running four illicit ads on Channel Seven, Facebook and Instagram in 2018, while Neds was pulled up on two offences.
“Inducements are known to increase the risk of gambling harm and these advertisements reached a broad segment of the population,” said Dimitri Argeres, Assistant Director of Compliance at Liquor & Gaming NSW.
“In NSW such advertisements are restricted to registered betting account holders.
“This record fine should serve as a reminder that betting operators have an obligation to ensure their gambling advertising complies with NSW laws.
“Penalties of this magnitude are not easily absorbed into running costs.”
Liquor & Gaming NSW has the right to fine licensed wagering operators up to $110,000 for each breach of the state’s gambling ad laws, while directors of offending companies run the risk of criminal charges.
Panthers vs Tigers NRL tips & same game multi | Rd 24,...
Tabcorp to demerge lotto & keno from gaming & wagering arm
NRL Round 17 betting preview, match odds & market news
Hawthorn vs Port Adelaide AFL betting tips – Round 16, 2021
Melbourne vs GWS Giants AFL Round 16 betting tips – 3/7/2021
Knights vs Cowboys NRL Rd 16 betting tips – Saturday, July 3
Raiders vs Titans NRL betting tips & top odds – Round 16,...
Geelong vs Essendon AFL Round 16 betting tips – Friday, July 2