Record Fine for Tabcorp Over Gambling Rule Breaches

Published on August 24, 2024

Australia’s largest betting agency has been fined $4.6 million (US$3.1 million) and put on notice by a gambling watchdog after it was busted  breaching licence and gambling rules. A Victorian Gambling and Casino Control Commission investigation exposed Tabcorp for repeated breaches of its betting licence and the responsible gambling code between August 2020 and February 2023. In one instance, a Tabcorp account manager placed a “responsible gambling call” to the customer whose betting patterns were flagged by its own monitoring systems. The punter had lost $135,000 (US$90,800) within the space of a month following a large volume of bets. The October 2022 call ended with the manager communicating that a deposit-match promotion of $2000 (US$1346) would be allocated to the customer’s account....