Australia’s Northern Territory Racing Commission (NTRC), the organization responsible for licensing sports betting in the country, used to view cryptocurrencies like Bitcoin (BTC) as unsuitable for gambling. But recently, its stance has started to change. Now, the NTRC wants to know how sports betting operators feel about using cryptocurrency. Why This Change? Cryptocurrencies like Bitcoin […]
Tag:australia
ACMA Targeted Illegal Gambling during the 2023 FIFA Women’s World Cup
During the 2023 FIFA Women’s World Cup, the Australian Communications and Media Authority (ACMA) scrutinised 220 websites, identifying over two dozen crypto gambling operators operating illegally in Australia. Of the 21 services investigated, 18 were found operating without proper licensing. ACMA has taken enforcement action against these offenders, with three companies voluntarily withdrawing operations. Compliance […]