Business and regulatory reporting on Palmerbet.
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Australia's government has introduced legislation restricting gambling branding on professional sports jerseys. Existing sponsorship contracts could continue until 31 December 2031 under transitional provisions. Communications Minister Anika Wells defended the period as accommodating commercial agreements, while domestic lottery operators would receive an exemption.
Australia’s communications watchdog imposed a court-enforceable undertaking on sportsbook Palmerbet over breaches of self-exclusion rules. The undertaking lasts 18 months.
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Palmerbet faces an 18-month court-enforceable undertaking over self-exclusion breaches, making compliance an enforceable obligation.
Existing jersey sponsorship contracts could continue until December 2031, while domestic lottery operators would receive an exemption.
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