New South Wales to restrict Lottoland operations

The world is getting smaller for lottery gambling giant Lottoland in Australia day by day

The Australian reported that the New South Wales (NSW) government is set to impose restrictions on the operations of so-called synthetic lotteries, which it said may be breaching existing wagering legislation.

Its likely target is Lottoland, a Gibraltar-based lottery operator who had been linked to a major dip in tax revenue from local lotteries.

Deputy Premier John Barilaro pointed out that the government needs to protect the consumers who have are being duped into betting on the outcome of a lottery.