The government of New South Wales, Australia’s most populous state, has announced it prepared a new legislative framework for betting, racing and gambling in general in the state.
The main new aspect of this legislation is that it would class special odds and welcome offers as banned inducements to gamble. Moreover, the new Betting and Racing legislation makes it clear that advertising for gambling products should now encourage people to gamble.
Under these new rules, any welcome offer that requires players to create an account is no longer allowed because the Liquor and Gaming Authority deems this procedure as producing “new opportunities for gambling-related harm”.
Special odds would be banned for the same reason, while casino and betting operators would no longer have the possibility to broadcast advertisements during certain sporting events.
The Liquor and Gaming Authority will have the full authority to judge whether any advertisement is considered to violate the rules. The fines for breaking these rules would amount to 15,000 Australian dollars for companies and 5,500 Australian dollars for individuals.