Sydney Morning Herald
International · 4 hrs ago
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$6b betting giant had 500 problem-gambling breaches, but the regulator took too long to fine it
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A major Australian betting company responsible for Ladbrokes and Neds accumulated over 500 breaches related to problem gambling, but regulators were slow to impose financial penalties, leading to criticism that gaming laws are ineffective.
$6b betting giant had 500 problem-gambling breaches, but the regulator took too long to fine it
The lack of fines for the company behind Ladbrokes and Neds has sparked claims that current gaming laws are “useless” and the regulator is hamstrung.
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