Gambling

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Financial counsellors applaud the Australian Communications and Media Authority (ACMA) for imposing the largest penalty ever given a fine of $2.5 million on Sportsbet. This is a media release from Financial Counselling Australia. It was originally published on 10th February, 2022. The betting company will also refund customers $1.2 million after an extensive ACMA investigation found it had…

Read More FCA welcomes tough stance by ACMA on unlawful spamming by Sportsbet

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Financial Counselling Australia (FCA), Financial Rights Legal Centre and the Consumer Action Law Centre welcome the Parliamentary Joint Committee on Corporations and Financial Services’ recommendation for legislation to prohibit online gambling operators from accepting credit card funded deposits. This is a media release from the Financial Counselling Australia. It was originally published on 26th November, 2021. Yesterday the Committee released…

Read More Consumer advocates welcome recommendation for stricter controls of credit funded gambling online

Denim jean pocket holding four credit cards Denim jean pocket holding four credit cards

A new report by the Australian Banking Association (ABA) shows it’s time to immediately ban the use of credit cards for gambling. This is a Financial Counselling Australia Media Release The ABA has released the results of its consultation process about the use of credit cards for gambling. A survey conducted to inform the report…

Read More ABA report confirms credit card funded gambling doesn’t have community support

A Roulette table A Roulette table

Financial Counselling Australia welcomes the bill to establish the National Online Gambling Self-Exclusion Register. The Bill was introduced this week in Federal Parliament by the Minister for Communications, the Hon. Paul Fletcher.  The register means that people experiencing harm can press one button and self-exclude from all the online wagering companies. With that single trigger, the wagering operators…

Read More FCA Welcomes Gambling Self-Exclusion Register

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All Australian governments are now formally committed to the country’s first National Consumer Protection Framework to ensure greater protection for people participating in online wagering. Federal Minister for Families and Social Services, Paul Fletcher, said the National Consumer Protection Framework for online wagering provides 10 strong, nationally consistent minimum protections for consumers of Australian interactive wagering services. “The National…

Read More First National Framework to help reduce harm from online wagering

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The Australian Communications and Media Authority has approved new rules restricting gambling advertising during live sport streamed online. The Broadcasting Services (Online Content Service Provider Rules) 2018 prohibit gambling advertising during live sport that is streamed online between 5.00 am and 8.30 pm. At all other times, gambling advertising is also restricted. The ACMA developed the rules…

Read More New gambling ad rules kick in for online content service providers

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Financial Counselling Australia (FCA) welcomes the Government’s proposals to curb gambling advertising on radio and television. Although a complete ban on advertising is preferable, the Government’s plan to prohibit gambling advertising during live sports events between 5:00am and 8:30pm is a step in the right direction. We are alarmed, however, that the broadcast industry is…

Read More Proposed curbs on gambling advertising a good first step