Australia
Record fine for wagering company Betr over gambling advertisements
Sports wagering company Betr has been fined $210,000 by Liquor & Gaming NSW for breaches of NSW’s wagering laws in its promotional material during its launch last year.
Betr offered 100-1 and 20-1 odds on major events including the Melbourne Cup, Cox Plate and NRL and AFL markets as part of its launch in October 2022. The odds were advertised in newspapers, on radio and television, and online.
Liquor & Gaming NSW reached the view that these advertisements breached NSW laws prohibiting the advertisement of any offer of an inducement to participate in a gambling activity, including an inducement to open a betting account or bet more frequently.
As a result, the regulator has issued 14 penalty infringement notices totalling $210,000 which Betr has elected to pay. The $210,000 in penalties represents the largest ever fine issued to a wagering operator for offering inducements in NSW.
Liquor & Gaming NSW Executive Director Regulatory Operations & Enforcement, Jane Lin, said Betr was issued with a significant fine due to the regulator’s concerns that the conduct constituted significant breaches of the law.
“This company tried to attract a new customer base and establish a significant market share with promotions that we consider crossed the line, using inducements that had the potential to cause harm to the community,” Ms Lin said.
“In many cases, such promotions can only be legally offered to betting account holders who, unlike the general public, have made a conscious decision to open an account and receive this information.
“Wagering operators can legally advertise their products in a variety of ways but they can’t advertise or promote inducements such as offers of enhanced odds or bonus bets to entice people to open a betting account.”
Betr voluntarily ceased the advertising campaign when contacted by Liquor & Gaming NSW. By Betr paying the penalty notices, the matter has now been finalised without a court process.
It comes as wagering company SportChamps has been convicted of posting illegal gambling advertisements on Facebook, Twitter, Instagram and its website, as a result of an investigation by Liquor & Gaming NSW.
In Downing Centre Local Court on Monday 27 March 2023, the company was fined $40,000 and ordered to pay $14,000 in costs for breaching NSW gaming laws. This is the third time SportChamps has been prosecuted, following a $2000 fine in 2018 and a $2500 fine in 2019.
The prosecution related to advertisements via the sportschamps.com.au website and social media that offered cash prizes for games requiring membership, special odds and bonus cash prizes, free bets and a ‘refer a friend’ promotion.
“Gambling operators like SportChamps that try to get around these restrictions are acting unlawfully and increase the risks of gambling harms,” Ms Lin said.
“Offering free bets on Facebook and Instagram, including a refer a friend promotion, shows a complete disregard for the rules and the well-being of those in our community who didn’t consent to receive gambling advertising.”
“Liquor & Gaming NSW has a zero-tolerance approach to the publication of illegal gambling inducements and we will continue to proactively monitor television, radio, print and online gambling advertising to ensure all providers are complying with the restrictions in the Betting and Racing Act 1998,” Ms Lin said.
A court may impose a maximum penalty of $110,000 (per offence) for a corporation and $11,000 for an individual who publishes a prohibited gambling advertisement, while each penalty notices carries a fine of $15,000 .
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Aquisitions/Mergers
NextBet Launches as Acquisition Vehicle (AV) to Consolidate Mid-Market Operators; Announces Flagship Acquisition and Growth Strategy
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NextBet has announced its official launch, establishing itself as a bold new AV and challenger in the Australian wagering market. Formed to capitalise on the mounting pressure facing undercapitalised operators and an accelerating wave of industry consolidation, NextBet enters the market with the acquisition of well-established operator, CrossBet. This strategic move marks the first step in a bold plan to build Australia’s next dominant Tier Two wagering group under a united brand.
NextBet will be led by, Scott Cross, who will serve as Executive Director. The move is a strategic restructure designed to position the business for its next phase of inorganic expansion.
“The formation of NextBet creates the foundation to scale rapidly through an ambitious M&A strategy, while investing in proprietary capabilities to meet the demands of a changing wagering market,” said Cross.
Strategic Vision: The Path to Tier Two Dominance
NextBet is pursuing an aggressive growth strategy – rolling up undercapitalised lower-tier operators while driving operational efficiency through product, speed of profiling and a differentiated user experience that attracts and retains high-value customers.
To support this next phase of expansion, NextBet is actively seeking strategic investors who share its vision for reshaping the mid-market wagering landscape. Investment will be used to accelerate acquisitions, enhance platform capabilities and solidify NextBet’s position as the go-to consolidator in the Australian market.
The current $419M valuation for PointsBet Holdings Limited confirms that the market rewards scaled, tech-enabled operators with focused execution. NextBet’s model builds on this blueprint, designed to fill the emerging leadership void in the Tier Two segment with an advanced offering custom built for modern wagering dynamics.
NextBet is currently in advanced discussions with several additional acquisition targets and expects to announce further transactions in the coming quarters.
The post NextBet Launches as Acquisition Vehicle (AV) to Consolidate Mid-Market Operators; Announces Flagship Acquisition and Growth Strategy appeared first on European Gaming Industry News.
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The NSW Government has amended the Casino Control Regulation to extend the term of The Star’s manager Nick Weeks, who will continue to have oversight of casino operations until at least 31 March 2026.
The government extended Mr Weeks’ term at the request of the NSW Independent Casino Commission (NICC) after the NICC declined to lift the suspension of The Star’s licence.
Mr Weeks will continue to hold the licence for The Star over the next six-month period, allowing the casino to operate gaming facilities while its licence remains suspended.
The NICC first appointed Mr Weeks to the role of manager in October 2022, when The Star’s casino licence was suspended following the first Bell Review.
NICC Chief Commissioner Philip Crawford said there was still too much uncertainty surrounding The Star to consider reinstating its casino licence at this time.
“The NICC considers it appropriate to continue with the current arrangement so it can better assess the effectiveness of important remediation work and await the outcomes of other pressing financial matters concerning The Star,” Mr Crawford said.
“The NICC understands the many challenges The Star is facing and is closely monitoring The Star’s progress as it works to prove it is capable of regaining its casino licence.”
The post NICC extends The Star manager’s term for six months appeared first on European Gaming Industry News.
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The organisers of Regulating the Game have announced the launch of Industry Spotlight Sessions as part of the event’s 2026 programme. The conference will take place from March 9–11, 2026 at the Sofitel Sydney Wentworth.
New for 2026, the Industry Spotlight Sessions are concise, 15-minute presentations embedded within the main conference programme, giving leading manufacturers, suppliers and technology providers across gaming, lotteries, wagering and sports betting a platform to share strategic insights, innovation and sector direction.
The sessions will provide a powerful platform for established players to:
• Highlight new products, enhancements or technical capabilities
• Share research, data insights or strategic outlooks
• Spotlight innovations that are shaping operational performance and player engagement
• Provide a forward view on emerging trends and technologies influencing the sector
Distinct from Pitch! at the Sydney Opera House (March 9) – which has evolved into a high-energy marketplace of ideas spotlighting emerging RegTech, compliance innovation, disruptive policy concepts and safer gambling solutions – the Industry Spotlight Sessions are tailored for established players to profile market-ready innovations, demonstrate commercial leadership and share product direction.
Paul Newson, principal at Vanguard Overwatch and founder of Regulating the Game, said: “The Industry Spotlight Sessions are being introduced at the request of industry attendees who wanted a dedicated platform to showcase pioneering products, strategies, and sector direction and insights. With only four Industry Spotlight slots available in 2026, this is a limited opportunity for organisations to put themselves front and centre before an international audience of regulators, policy leaders, and industry decision-makers.”
The addition of Industry Spotlights reflects RTG’s commitment to sparking innovation and shaping the future of the sector. By providing a platform for announcing new directions, showcasing developments and sharing strategic outlooks, these sessions are designed to broaden dialogue, foster cross-sector collaboration and keep the conference at the cutting edge of regulatory and industry evolution.
Regulating the Game 2026 will also feature:
• Pitch! at the Sydney Opera House (March 9)
• The inaugural RTG Global Awards & Gala Dinner (March 10)
• An expanded exhibition showcase and programme of expert masterclasses.
Early bird tickets are now open, with discounted rates for early registrants. Group packages are also available but strictly limited.
The post Industry Spotlight Sessions Announced for Regulating the Game 2026 Sydney appeared first on European Gaming Industry News.
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