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Australians wishing to place bets previously had to travel long distances and spend much time and effort visiting racetracks or bookmakers' shops in order to make bets. Due to this inconvenient process, illegal bookies began popping up in bars and other venues with more favorable pricing due to not paying taxes for official bookies located at races; eventually this gave rise to off-course betting - eventually making racing more accessible than ever. Bein Sport on Kayo, Betr is an Australian bookmaker that is challenging the industry's biggest players. Backed by News Corp Australia and Las Vegas-based Tekkorp Capital in Las Vegas and with links to ASX-listed Pointsbet as an ASX listing, Betr launched in October 2022 and quickly gained market traction through massive promotions that helped quickly acquire customers. Liquor and Gaming NSW issued 14 infringement notices against Betr for its "significant inducements" offered on Melbourne Cup runners, AFL/NRL games as well as Melbourne Cup runners; since then they were fined 0,000 which was the largest fine ever imposed against an online bookie operator in Australia!
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Australians spend an enormous amount on gambling each year; their total per-capita figure ranks amongst the highest worldwide. As a result, Australia's government introduced legislation banning credit cards and digital currencies from being used for online gambling purposes from January 2018. This ban aims to reduce harm caused by gambling by restricting credit card usage for this activity. The law will take effect starting January 2019 with hopes it reduces its harm caused by this activity. Watch UFC Live Stream Free, Esports, or competitive video gaming, has surged in popularity, and the betting industry is taking notice. Esports betting is on the rise, with a wide array of markets covering popular games like League of Legends, Dota 2, and Counter-Strike: Global Offensive. Punters can expect an expansion of esports offerings and innovative betting markets.
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