NSW Government Officially Increases Sportsbooks’ Point-of-Consumption Tax to 15% as of July 1st, 2022

NSW Government Officially Increases Sportsbooks’ Point-of-Consumption Tax to 15% as of July 1st, 2022

The Government of the largest Australian state has officially announced a 5% increase to the point-of-consumption tax (POCT) on corporate sports betting operators. As a result of the development, the tax is set to increase from 10% to 15%, with the new rules on the point-of-consumption tax in New South Wales (NSW) set to be effective on July 1st, 2022. The cited tax increase in the state has come as part of the NSW Government’s new budget. According to reports, the change is set to mostly affect foreign online sportsbooks…

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NSW Gambling Regulator Gives Its Approval to Crown Resort for Operation of Its Barangaroo Casino

NSW Gambling Regulator Gives Its Approval to Crown Resort for Operation of Its Barangaroo Casino

Crown Resorts has finally received conditional approval to open its Barangaroo waterfront casino in Sydney, 16 months after the gambling operator has been found unsuitable to hold an operating permit for the venue. Earlier today, the New South Wales’ (NSW) Independent Liquor and Gaming Authority (ILGA) officially allowed to company to open its Barangaroo casino but noted that it will continue to closely monitor the venue’s operations. As Casino Guardian previously reported, in 2021, the ILGA found Crown Resorts unsuitable to hold a gaming licence for its Barangaroo casino following…

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Betting and Gaming Council’s Members Make £1.2 Million Contribution of Their Royal Ascot Profits to Top UK Charity Organisations

Betting and Gaming Council’s Members Make £1.2 Million Contribution of Their Royal Ascot Profits to Top UK Charity Organisations

Some of the largest charity organisations in the UK have received massive donations after local bookmakers handed over their profits from the 2022 Britannia Stakes at Royal Ascot. According to reports, five charities – The Ivors Academy Trust, The Soldiers’ Charity, Cotswold Riding for the Disabled, Sue Ryder and Ascot Racecourse Supports Community Fund – are set to receive a part of the overall sportsbooks’ donation worth £1.2 million. As revealed by the trade body of the local gambling sector, the Betting and Gaming Council (BGC), the funds were raised…

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UKGC’s CEO Criticised for Not Meeting with People Affected by Gambling-Related Harm

UKGC’s CEO Criticised for Not Meeting with People Affected by Gambling-Related Harm

The chief executive officer of the UK gambling regulatory body has faced some criticism for not visiting any high-street betting shops to personally check on the industry since taking up his current role at the watchdog a year ago. According to anti-gambling campaigners, Andrew Rhodes has also not visited any online gambling websites since June 2021 when he took over the position of UK Gambling Commission’s (UKGC) boss. Will Prochaska, one of the members of a local charity organisation that supports families of players who have taken their own lives…

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Netball Australia Does Not Rule Out Gambling Sponsorship Deals While Exploring New Commercial Opportunities Outside the Sport

Netball Australia Does Not Rule Out Gambling Sponsorship Deals While Exploring New Commercial Opportunities Outside the Sport

Netball Australia denied rumours that it is endangered by financial collapse amid a cash crisis overshadowing the beginning of the Super Netball final series that is scheduled to start on June 18th. However, it became clear that the organisation could accept some money for advertising gambling services as part of an effort to generate more revenue. Reportedly, Netball Australia lost AU$7.2 million over the past two years, with its losses over the 2021 season amounting to about AU$4.4 million. The bank loans of the netball sports governing body in Australia…

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Gambling Companies’ Logos Displayed in Almost 60% of Children-Facing Sections and Football Programmes, New Study Says

Gambling Companies’ Logos Displayed in Almost 60% of Children-Facing Sections and Football Programmes, New Study Says

A new UK study has taken the prevalence of gambling logos in football club programmes into the spotlight. According to the research, conducted by Steve Sharman, Philip Newall, and Catia Alexandra Ferreira, almost 57% of the reviewed football clubs had an enormous presence of gambling logos in children-facing sections. The study focused on a total of 44 football clubs from the English Premier League (EPL) and the Championship and examined them for a period of 18 months. The results of the study showed that 56.8% of these clubs feature gambling…

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UKGC CEO Urges Gambling Companies to Enhance Their Consumer Protection Policies

UKGC CEO Urges Gambling Companies to Enhance Their Consumer Protection Policies

The CEO of the UK gambling regulatory body, Andrew Rhodes, urged gambling companies to enhance their consumer protection measures. The boss of the UK Gambling Commission (UKGC) used the opportunity he had at the beginning of the week when he took part in the Westminster Media Forum Gambling Regulation Conference, to unveil some of the impact gambling has on society in the country. Mr Rhodes also spoke about important issues linked to the growth of the local gambling market and called for operators to make more efforts to offer safer…

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ASA Notes That Most Gambling Operators’ Content Marketing Must Still Abide by Its Rules

ASA Notes That Most Gambling Operators’ Content Marketing Must Still Abide by Its Rules

The UK advertising regulatory body has warned local gambling companies that most content marketing communications are categorised as marketing, which means that they must abide by the watchdog’s rules, although there are some exceptions. The Advertising Standards Authority (ASA) has noted that research over whether its rules apply to gambling companies’ content marketing on social media has raised some questions. The advertising regulator noted that such content does not openly promote a brand but is intended to stimulate interest in the company’s products or services. According to the ASA, this…

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Anti-Gambling Lobby, Tabcorp and Retail Establishments Insist on Implementation of Higher Online Gambling Tax in Victoria

Anti-Gambling Lobby, Tabcorp and Retail Establishments Insist on Implementation of Higher Online Gambling Tax in Victoria

Tabcorp, pub establishments, and the anti-gambling lobby in the state of Victoria are preparing for an election-year campaign to try and convince the local Government to boost the tax that applies to online bookmakers, which is currently the lowest one in the country. Reportedly, gambling companies based in Australia intend to try and pressure Treasurer Tim Pallas to increase the tax that online gambling and sports betting operators such as Sportsbet and Ladbrokes are required to pay. Currently, that tax rate is 10%. The point-of-consumption tax (POCT) was first unveiled…

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Former Striker Michael Owen Violated UK Gambling Laws by Advertising Unlicensed and Unregulated Casino Platform

Former Striker Michael Owen Violated UK Gambling Laws by Advertising Unlicensed and Unregulated Casino Platform

Former striker Michael Owen was found to have breached the UK gambling advertising laws by using his account on Twitter to promote an unlicensed cryptocurrency casino to British customers. The ex-professional footballer, who once played for some of the largest clubs, including Manchester United, Liverpool and Real Madrid, has received instructions from the Advertising Standards Authority (ASA) to take down a promotion for a non-fungible token (NFT) scheme which violated the country’s rules about advertising cryptocurrency products. In mid-May, Michael Owen published 2 tweets advertising the services of Punt Casino…

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