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Gambling regulators from across the world are keen on operators when it comes to running advertisements. These strict laws protect minors and the vulnerable from being exploited by operators.
Recently the Liquor & Gaming New South Wales regulator fined Betr AU$210,000 (or $142,000) for breaching advertising regulations. This fine is on an advertisement campaign by the company that was broadcasted across tabloids in Australia last. The advert showed the operator offering high odds of up to 100:1 in any wagers of up to AU$10 on horse races in the Melbourne Cup.
The management at Betr has agreed to pay the fine, but it has stood firm that it didn’t breach any laws.
Commenting on the matter, a spokesperson for Betr said:
“We offered and advertised the 100:1 Melbourne Cup market in accordance with the law and entirely consistent with the guidance published by Liquor & Gaming NSW, which clearly indicated this conduct was legal.”
“Whilst we co-operated fully with the Liquor & Gaming, we do not accept and have made no admissions to breaching NSW law.”
According to the New South Wales law, print advertising, which includes bonuses to open betting accounts, is illegal. Australia is not new to gambling scandals. Several reputable casino resorts have been accused of violating industry regulations.