Entain’s Australian Arm Neds Faces AU$26,690 Regulatory Fine for Offering Sign-Up Incentives to Attract New Players

Entain’s Australian Arm Neds Faces AU$26,690 Regulatory Fine for Offering Sign-Up Incentives to Attract New Players

The British gambling and sports betting giant Entain has faced a fine in the Northern Territory of Australia after being found to have violated the region’s gambling laws. It was the online sportsbook platform of the gambling giant – Neds – that was responsible for the violation of the regulatory rules in the Northern Territory, the local gambling watchdog said. As revealed by the Northern Territory Racing Commission, Entain became subject to a fine worth AU$26,690 for advertising sign-up bonuses to players that have just created their accounts. For the…

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Australian Pokies Act As Laundromats to Wash More Than AU$1 Billion, New Media Report Claims

Australian Pokies Act As Laundromats to Wash More Than AU$1 Billion, New Media Report Claims

Clubs and pubs in Australia have been placed under increased scrutiny following reports that their poker machines have served as laundromats and actually facilitated the money laundering of over AU$1 billion. According to a joint report that has recently been released by the local media outlets The Sydney Morning Herald, The Age and 60 Minutes, there was evidence that a money-laundering organisation operating out of clubs and pubs in the states of New South Wales (NSW) and Queensland with impunity, in some occasions took over some gaming rooms in order…

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