Australian Sportsbook Betr Fined By Australian Regulator For Advertising Odds

The Australian sportsbook Betr, that is supported by the News Corp, has been fined AU$210,000, which is approximately $142.000, by the Liquor & Gaming New South Wales regulator for violating advertising regulations last year.

The investigation:

Namely, Betr was fined for providing odds of up to 100-1 on any wager of up to AU$10 on horse racing in the 2022 Melbourne Cup on associated newspapers, radio and television stations when it officially started last year. In addition, this allowed Betr to collect thousands of new clients and advertise the company.

However, the regulator’s investigation officially decided that with this act, Betr violated regulations by motivating people to open a wagering account and gamble more often.

 

[Ejyndayo53]

Wonders shall never cease!. Imagine a situation a casino was fined after it was found to have for providing odds which was assumed to promote gambling.
Nobody give a damn care here in Nigeria. There were many lotteries of tremendous prizes which were purposely set to target the gullible young adults. Yet, nobody care.

 

[cherrylarry]

The Australian regulatory authority's decision to levy a penalty on Betr serves as a concrete manifestation of the nation's unwavering dedication to enforcing stringent regulations on gambling advertisements.