Tuesday, November 12, 2024

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Australian gambling industry defends R&D tax credits amid scrutiny

Australia's Treasurer Jim Chalmers has expressed concerns over betting companies using tax breaks to fund the development of new poker machines and gaming apps, labeling the practice as "problematic."

Gambling disorder in Australia, NZ causes severe impact on mental health: Study

Gambling disorder has emerged as a significant public health concern in Australia and New Zealand, according to a recent narrative review published in the Medical Journal of Australia.

Australian comms watchdog blocks two more offshore gambling websites

The Australian Communications and Media Authority (ACMA) has requested Australian internet service providers (ISPs) to block two additional offshore gambling websites.

Australia tightens customer identification requirements for online gambling operators

Companies offering online gambling services in Australia must now complete the applicable customer identification procedures (ACIP) before allowing players to gamble.

Australian opponents of gambling ad ban push for age verification for youth

The gambling reform debate intensifies in Australia over gambling advertising and youth protection.

Australia weighing strict measures on gambling ads

The Australian government is contemplating significant restrictions on gambling advertising, which could include a complete ban on digital ads and a prohibition on television commercials for one hour before and after sports broadcasts.

Australia tightens regulations on loot boxes and gambling features in video games

Australia's new rules on video games featuring loot boxes and "simulated gambling" content will come into effect on Sunday, September 22nd.

INTRALOT signs contract extension with Lotterywest in Western Australia

INTRALOT S.A. announced that its subsidiary INTRALOT Australia has signed an extension of its contract with Lotterywest, the state lottery in Western Australia, for an additional two years and with an option to extend for one more year.

Daily Asia Gaming eBrief: Australia to further tighten AML/CTF rules with bill amendment

There's no such thing as too much regulation. Or at least, that's the way that Australian authorities are playing it, with Parliament receiving proposed amendments to its AML/CTF bill yesterday. This involves increased customer due diligence, further lowering reporting exemption requirements, while also focusing on virtual assets - such as NFTs. Meanwhile, PAGCOR is still planning to privatize its self-run casinos, but has now pushed the date back to 2026, due to changes to its charter and its desire to launch a Gaming Academy.

Customer due diligence, virtual assets in focus in Australia’s new AML/CTF amendment bill

Customer due diligence and virtual assets are in focus in Australia's new proposed AML/CTF amendment bill, under evaluation by Parliament.