Best Bookies' Price Pty Ltd has received a formal warning from the Australian Communications and Media Authority for running an unlicensed online gambling service. Customers could compare betting odds across authorized wagering operators using the service provided by The Best Bookies and place bets with those operators on their behalf.
The agency determined that these activities complied with the Interactive Gambling Act's definition of a "gambling service." Although Best Bookies had authorizations from the pertinent state-based regulator, it lacked the wagering license necessary to offer interactive gambling services.
Because it operated as an unlicensed regulated interactive gambling service offered to Australian-based customers, the media organization determined that the Best Bookies' service broke the law.
The agency determined that these activities complied with the Interactive Gambling Act's definition of a "gambling service." Although Best Bookies had authorizations from the pertinent state-based regulator, it lacked the wagering license necessary to offer interactive gambling services.
Because it operated as an unlicensed regulated interactive gambling service offered to Australian-based customers, the media organization determined that the Best Bookies' service broke the law.