Australia’s communications regulator fined Tabcorp A$158,000 for accepting more than 400 prohibited in-play tennis bets between 2024 and 2025, according to a report. The sanction concerns wagers placed while matches were under way.
The fine signals enforcement of Australia’s restrictions on in-play betting to operators offering sports wagers.
| Date | Company | Amount | Story | Appeal status |
|---|---|---|---|---|
| Polymarket | Not stated | ACMA classifies Polymarket as unlicensed gambling in Australia | Not stated | |
| Tabcorp, LightningBet | AUD 112,680 | ACMA finds six wagering providers breached BetStop rules in 2024 | Not stated | |
| Vegastars, Rainbet | Not stated | ACMA investigates offshore betting promotions linked to Australian Open | Not stated | |
| Polymarket | Not stated | Portugal’s SRIJ orders Polymarket to stop accepting users within 48 hours | Not stated |
The day’s most important stories, free. One email a day.
Australia’s ACMA concluded investigations into six licensed wagering providers over 2024 breaches of national self-exclusion rules, according to a report. Tabcorp paid an AU$112,680 penalty and entered an enforceable undertaking; three providers received remedial directions, BetChamps received a warning and action against Picklebet remained in progress.
Australia’s regulator sanctioned six operators for breaches of self-exclusion rules, according to the report. Tabcorp received a fine of more than A$110,000, BetChamps received a formal warning, and other operators were ordered to conduct independent reviews of their internal processes.
Gavin Fineff has filed a federal lawsuit against Sportsbet, Tabcorp and Entain, alleging the companies encouraged his betting without adequate checks. He seeks to recover losses he says exceeded AU$8 million; the Northern Territory Racing Commission previously fined Ladbrokes AU$78,540 and BetEasy AU$79,390 over their dealings with him.
Fitch reportedly said Tabcorp was well positioned to improve operating margins and reduce leverage. The available text gave no further details.
Fitch said Tabcorp Holdings is well positioned to improve its operating margins and reduce leverage, according to the report.
Fitch said slower earnings growth and heavy capital spending are keeping leverage high among gaming operators in Asia-Pacific, with recent downgrades linked to company-specific pressures. It expects Genting Bhd's net leverage to remain above 4.0 times over the next three years and Genting New York's annual capital spending to average around US$800 million over the medium term.