{"id":777014130,"date":"2024-03-20T08:26:50","date_gmt":"2024-03-20T11:26:50","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777014130"},"modified":"2026-04-22T11:52:30","modified_gmt":"2026-04-22T14:52:30","slug":"australias-northern-territory-to-debate-new-gambling-law","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/australias-northern-territory-to-debate-new-gambling-law","title":{"rendered":"Australia&#8217;s Northern Territory to debate new gambling law"},"content":{"rendered":"\n<p>The reforms propose tougher fines and a new levy for operators.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.- The parliament of the Northern Territory is to debate\u00a0<strong>a new gambling law\u00a0<\/strong>aiming to strengthen regulations and oversight in the industry.\u00a0The proposed reforms,\u00a0<strong>outlined in the Racing and Wagering Bill 2024<\/strong>, include the introduction of a new levy on wagering service providers&#8217; (WSPs) profits, although the rate is yet to be confirmed. Meanwhile, operators found breaching regulations could face fines of up to AU$440,000 (US$287,000).\u00a0<\/p>\n\n\n\n<p>Another key change is the requirement for WSPs to have a physical presence in the territory, potentially via a retail office.\u00a0The reforms would also see the regulator, the NT Racing Commission, renamed as the Racing and Wagering Commission. The NT Racing Commission currently regulates 32 sports bookmakers and two betting exchanges, which collectively earn AU$50bn a year.<\/p>\n\n\n\n<p>Alliance for Gambling Reform CEO\u00a0<strong>Carol Bennett\u00a0<\/strong>voiced support criticised the lack of representation from gambling support groups in the reform discussions.<\/p>\n\n\n\n<p>Last December, Northern Territory\u2019s Department of Industry, Tourism and Trade reported that&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/australia-northern-territory-gamblers-lost-nearly-au150m-on-slots-in-last-financial-year\" rel=\"noreferrer noopener\">gamblers lost nearly AU$150m on slots in the 2022-23 financial year<\/a>. That\u2019s a daily average of AU$411,000 and an increase of AU$15m from the preceding year.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The reforms propose tougher fines and a new levy for operators.<\/p>\n","protected":false},"author":176,"featured_media":777008828,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Northern Territory parliament is debating the Racing and Wagering Bill 2024, proposing significant reforms for wagering service providers. Key changes include increased fines up to AU$440,000 for regulatory breaches, a new levy on WSP profits, and a mandatory physical presence requirement within the territory. The NT Racing Commission will also be renamed to the Racing and Wagering Commission, signaling enhanced oversight.","focusai_entities":"Northern Territory Parliament, NT Racing Commission, Racing and Wagering Commission, Alliance for Gambling Reform, Carol Bennett, Department of Industry, Tourism and Trade","focusai_location":"Australia, Northern Territory","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.95), operator_casino (1.0), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Levy Rate Impact","query":"What is the projected GGR\/NGR impact of the proposed new levy on wagering service providers, and how will its rate be determined to ensure competitive neutrality?"},{"label":"Operational Compliance Costs","query":"How will the mandatory physical presence requirement for WSPs be enforced, and what are the estimated capital expenditure and ongoing operational compliance costs for operators?"}],"footnotes":""},"categories":[16336,156],"tags":[23911],"class_list":["post-777014130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014130","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=777014130"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014130\/revisions"}],"predecessor-version":[{"id":777014137,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777014130\/revisions\/777014137"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777008828"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777014130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777014130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777014130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}