South Australia to Increase Maximum Penalty for Gambling Violations to AU$75 Million

South Australia to Increase Maximum Penalty for Gambling Violations to AU$75 Million

South Australia’s Malinauskas Labour Government is planning to introduce amendments to the jurisdiction’s laws regarding the financial penalties companies can face for not adhering to the state’s gambling regulations. At present, the maximum fine that operators are forced to pay should their transgressions be severe enough stands at AU$100,000. If the amendments are passed, however, the potential penalty limit will increase to up to AU$75 million. In addition, the changes are planned to be retroactive, that is, they will also affect past disciplinary action. The update is tied to casino…

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