Tabcorp Faces $262,000 Penalty for Allowing Illegal In-Play Bets

The Australian Communications and Media Authority (ACMA) recently imposed a substantial $262,920 fine on Tabcorp Holdings Limited after discovering the company had accepted illegal in-play sports bets. The regulatory investigation revealed that from April to October 2023, Tabcorp processed 854 in-play wagers during 69 tennis matches, a practice explicitly prohibited by Australian law. Under the […]

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Nov 13, 2024 - 09:55
Tabcorp Faces $262,000 Penalty for Allowing Illegal In-Play Bets

The Australian Communications and Media Authority (ACMA) recently imposed a substantial $262,920 fine on Tabcorp Holdings Limited after discovering the company had accepted illegal in-play sports bets. The regulatory investigation revealed that from April to October 2023, Tabcorp processed 854 in-play wagers during 69 tennis matches, a practice explicitly prohibited by Australian law. Under the […]