Ladbrokes and Neds fined by Australian regulator for in-play bets breach
The Australian Communications and Media Authority (ACMA) has fined sports gambling companies Ladbrokes and Neds, both owned by Entain, for accepting 78 illegal in-play bets on the LIV golf tournament
Sports betting companies Ladbrokes and Neds, both owned by Entain, have been fined by the Australian Communications and Media Authority (ACMA) for accepting in-play bets after a game had already begun.
The regulator found that the companies had accepted 78 illegal bets on the LIV golf tournament in Bangkok in 2020.
Although the AUD 13,200 fine is the maximum that can be imposed by Acma, it is minuscule in comparison to the $50bn industry in Australia.