Online Betting Operator, Lottoland received relief in the Australian market. The Australian operator received an injunction from Northern Territory Supreme Court temporarily. This will prevent the State Government and its Minister for Racing to press forward the gambling changes. Lottoland claims that with those changes, their Australian business model will be destroyed.
Lottoland sought the injunction after Northern Territory Racing Commission (NTRC) sought changes to the NT’s Racing and Betting Act 1983.
The Lottoland Attorney said that the changes will be applied to all the licensees of the Northern Territory but would only impact Lottoland.
As per Australian Broadcasting Corporation, Racing Minister Natasha Fyles sent a letter to November after receiving consumer complaints regarding ‘jackpot betting’ which reportedly confused some of the consumers that they would participate in a lottery draw.
Lottoland Australia offered services in other markets. Lottoland offered the ability to place a bet on the outcome of an international lottery draw without purchasing a ticket.
Australia however banned the synthetic lotteries in 2019, Lottoland then adopted the Jackpot betting model.
What is Jackpot Betting?
A player selects a random number that they hope will match a combination of numbers of International Stock Market indices at a specified time. However, the name used by Lottoland such as US Power confused some of the consumers who thought they were participating in the US Powerball Lottery Draw.
Minister Fyles wants NTRC’s licensing to amend in order to ensure that wagering cannot give the impression of participating in the lottery in the customer’s mind.
NTRC proposed two changes last year. The first one was to prohibit any wager that could lead someone to think it is a lottery. The second was to allow gamblers to bet on proxy events instead of direct sports events.
NTRC has the right to change addition conditions in the license legally. However, Lottoland may fight back. In 2019, Lottoland won a legal case with jackpot betting Australia’s telecom watchdog. The telecom watchdog accused Jackpot of betting to be prohibited under the Interactive Gambling Act (IGA). However, the Supreme Court of New South Wales gave the verdict in favor of Lottoland and ruled that the Jackpot Betting met the criteria of IGA for ‘excluded wagering services’.