Entain was penalised for illegal online in-play betting on the LIV golf tournament in Australia.<\/p>\n\n\n\n\n\n\n\n
Australia.- The Australian Communications and Media Authority<\/strong> (ACMA) has fined Entain AU$13,320 for accepting illegal in-play bets during the LIV golf tournament in Bangkok in October 2022. The regulator found that two of Entain’s subsidiaries, Ladbrokes and Neds, had accepted 78 bets on the final day of the tournament in breach of the Interactive Gambling Act 2001.<\/p>\n\n\n\n ACMA chair Nerida O\u2019Loughlin<\/strong> said the ban on online in-play betting laws was in place to protect vulnerable people because the market’s fast outcomes risked frequent betting.<\/p>\n\n\n\n \u201cOnline in-play betting increases the risk for those people experiencing gambling harm as it provides fast outcomes and allows for a higher frequency of bets,\u201d O\u2019Loughlin said.<\/p>\n\n\n\n Entain self-reported the breaches to the ACMA, stating that it had input the wrong start time for the event into its systems. As a result, 59 bets were accepted via Ladbrokes and 19 via Neds after the event had begun. Entain only became aware of the error when alerted by a customer three hours after play had started. The bets were later voided<\/p>\n\n\n\n O’Loughlin noted that Entain is an experienced wagering operator and said it was disappointing that the company did not have internal procedures in place to prevent or detect the error. She added that the ACMA had made clear to the industry last year the need for robust systems to prevent online in-play bets <\/strong>from being made available or accepted. Entain has updated its in-play compliance policy to prevent future errors. <\/p>\n","protected":false},"excerpt":{"rendered":" Entain was penalised for illegal online in-play betting on the LIV golf tournament in Australia.<\/p>\n","protected":false},"author":176,"featured_media":19925,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Entain has been fined AU$13,320 by the Australian Communications and Media Authority (ACMA) for accepting illegal online in-play bets via its Ladbrokes and Neds subsidiaries during a LIV golf tournament in October 2022. The breach of the Interactive Gambling Act 2001 was attributed to a system error regarding the event's start time, which Entain self-reported after customer notification. ACMA emphasized the need for robust internal controls to prevent such regulatory non-compliance.","focusai_entities":"Entain, Australian Communications and Media Authority, ACMA, Ladbrokes, Neds, Nerida O\u2019Loughlin","focusai_location":"Australia, Bangkok","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), tech_data (0.7), investor_analyst (0.8), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Entain's internal control failures?","query":"What specific deficiencies in Entain's internal control frameworks allowed for the acceptance of illegal in-play bets, and what governance enhancements are being implemented beyond the stated policy update?"},{"label":"ACMA's enforcement strategy?","query":"How does ACMA's penalty for Entain align with its broader enforcement strategy for the Interactive Gambling Act 2001, particularly concerning B2C licensing and regulatory compliance for in-play betting verticals?"}],"footnotes":""},"categories":[16336,156],"tags":[24207,23911],"class_list":["post-777004745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","tag-entain","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777004745"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004745\/revisions"}],"predecessor-version":[{"id":777004777,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004745\/revisions\/777004777"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/19925"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777004745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777004745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777004745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}