Online lottery betting operator Lottoland claims that its Australian customers won’t be left high and dry, despite legislators approving a ban on ‘synthetic’ lottery operations.
On Thursday, Australia’s parliament formally approved the Interactive Gambling Act Amendment (Lottery Betting) Bill 2018, which prohibits online betting operators from “placing, making, receiving or acceptance of bets” on the outcome of “Australian and overseas lottery draws” or keno results.
The Bill, which was introduced in March, followed a sustained campaign by local lottery giant Tatts Group against lottery betting operators like Lottoland. Tatts accused Lottoland of cannibalizing its lottery sales while failing to kick back the same percentage of revenue to Australian social causes.
In a statement following Thursday’s vote, Minister for Communications Mitch Fifield claimed the legislation would “protect the more than 4,000 small businesses including newsagents, pharmacies and community clubs and pubs across the country who operate longstanding, recreational betting services.”