The Australian Communications and Media Authority (ACMA) has given Tabcorp a formal warning after the betting operator was fond to have accepted 37 illegal online in-play bets on a US college basketball game.
Online in-play betting is banned in Australia under the Interactive Gambling Act 2001. Following a complaint, the ACMA investigation found that Tabcorp accepted 37 such bets on 3 January 2021. According to ACMA member Fiona Cameron, this is the first time that the ACMA has taken action against an operator for accepting in-play bets.
According to Tabcorp, it failed to stop taking bets in time due to incorrect match information from a third-party provider and a technical error by Tabcorp. When the mistake was realized, Tabcorp paid out the winning bets and refunded all losing bets. However, one bet was only refunded once the ACMA had started its investigation.
According to Cameron, the ACMA’s enforcement approach took into account how Tabcorp dealt with the illegal bets and its commitment to improving its systems and processes. Other enforcement options include penalties under an infringement notice and the application by the ACME to a Federal Court for a civil penalty or injunction.
Online in-play betting is banned in Australia under the Interactive Gambling Act 2001. Following a complaint, the ACMA investigation found that Tabcorp accepted 37 such bets on 3 January 2021. According to ACMA member Fiona Cameron, this is the first time that the ACMA has taken action against an operator for accepting in-play bets.
According to Tabcorp, it failed to stop taking bets in time due to incorrect match information from a third-party provider and a technical error by Tabcorp. When the mistake was realized, Tabcorp paid out the winning bets and refunded all losing bets. However, one bet was only refunded once the ACMA had started its investigation.
According to Cameron, the ACMA’s enforcement approach took into account how Tabcorp dealt with the illegal bets and its commitment to improving its systems and processes. Other enforcement options include penalties under an infringement notice and the application by the ACME to a Federal Court for a civil penalty or injunction.