Introduced by independent Member of the Legislative Assembly (MLA) Justine Davis, the bill seeks to impose a ban on player incentives such as bonus and VIP schemes, as well as introduce monthly deposit limits on players aged 18 to 21 (AU$500), and 21 to 24 (AU$1,000).
The provision will be introduced in the Northern Territory, where 50 online bookmakers are currently licensed, such as bet365, SportsBet and Ladbrokes – three of the top four biggest brands in Australia as ranked by Blask.
Disciplinary penalties for non-compliance will go up from the current ceiling of $194,000 to $10m, or an alternative maximum of 10% of an operator’s annual revenue.
Australia’s Labor government under Prime Minister Anthony Albanese introduced a number of separate, wide-sweeping federal reforms earlier in August, which saw stricter marketing rules such as a whistle-to-whi..