Australian commission cracks down on club sponsorship practices
31 Aug 2023
The VGCCC demands wagering service providers cease promoting their products in this manner as they may be in breach of legislation by doing so, in addition to being inconsistent with their social license to minimize harm.
Under Section 4.7.10 of the Gambling Regulation Act 2003, providers are prohibited from offering any credit, voucher, reward, or other benefit as an incentive to open an account or refer another person to open an account.
The VGCCC doesn't just hold gambling providers to the minimum letter of the law – but their social license as well.
Sporting clubs need to be mindful of community expectations around incentivizing members, and potentially junior members, to gamble. We encourage sporting clubs to refrain from entering into such sponsorship deals which may harm members and may constitute illegal behavior by the wagering provider.
If your sporting club is approached by a wagering service provider, please contact us on 1300 599 759.
Australian commission cracks down on club sponsorship practices
is republished from iGamingNews.com.