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Things are going to change big time in the gambling industry in Australia since, as it was announced, licensed bookmakers will not have the opportunity to offer bonuses and free bets to both new and existing players. The Australian Federal Government announced recently that in March 2019 the gambling operators will not be able to offer bonuses and free bets to their players, although this was the most important factor to lure new players, whilst also they could keep their existing ones.
Who Stands to Benefit from New Law?
The biggest betting sites in Australia, like Ladbrokes, BetEasy, and Sportsbet, have been working with the government and, to be precise, with the organization Responsible Wagering Australia (RWA) in order to find some alternative ways in order to keep their marketing going. It should be noted, though, that the ban on the promotions is just a part of the reform the Australian Government is going to try.
Mr Stephen Conroy, who is a spokesman of RWA, said: “These are landmark reforms which solidify Australia’s place as a leader in social responsibility in wagering. Tthe final agreement today of key measures including a prohibition on account sign-up offers, enhanced pre-commitment standards, stricter identity verification and a National Self-Exclusion Register are all significant changes which RWA has strongly supported.”
