PointsBet warns Australian advertising reforms could benefit offshore operators
By SectorWire desk ·
Summary
PointsBet Group chief executive Andrew Catterall warned at its annual general meeting that Australian advertising reforms could raise licensed operators’ costs and hinder competition with offshore businesses. He urged the government to give enforcement agencies sufficient resources and powers to block illegal offshore operators.
Why it matters
Licensed Australian wagering operators could face higher compliance costs while competing with offshore businesses outside the advertising requirements.