News

Australia's Northern Territory gambling regulator faces increasing scrutiny over links to the industry

Several organisations and politicians are now calling for an official investigation into the regulator's operations to ensure the proper level of integrity is being maintained.

· 2 min read
Share this article
Follow us on Google
AI Summary
Sign in to listen
Conflict of Interest
Key Points
People are beginning to take a closer look at how the Northern Territory regulator is conducting itself in the industry
The Chair has already admitted to accepting hospitality from bookmakers in the past
Others are asking how the regulator can operate without any full-time, permanent staff

Australia's Northern Territory Racing and Wagering Commission (NTRWC) is facing increasing scrutiny as local media, organisations and individuals have begun questioning whether the regulator is too close to the gambling industry.

The regulator licenses more than 40 bookmakers, including Sportsbet, Ladbrokes and Bet365, and oversees an annual turnover of AU$50bn (US$33bn).

However, reports indicate that the regulator is not operating as expected.

The reports claim the regulator only meets once a month, has no full-time staff and published its last annual report 32 years ago - in 1993.

In a recent interview, Chairman Alastair Shields admitted to accepting hospitality from bookmakers, as well as being part of an active syndicate that owned racehorses.

When the regulator was established under the 1983 Racing and Betting Act, racehorse owners were banned from becoming commissioners due to the conflict of interest.

When Shields was appointed to the commission in 2018, this clause was no longer active.

The final talking point is the lack of disciplinary action from the regulator.

It seems unclear if the NTRWC has ever revoked or suspended a licence, which would be expected from a country that has spent the last few years cracking down on gambling-related crime as much as Australia has.

Good to know

Out of the past 10 Commissioners, six of them have owned racehorses

Reaction Board

News Analysis

View All
The new kings of US election donations

The new kings of US election donations: AI, crypto and sports betting

During this year's US midterm election cycle, corporate donations reached a record of $648m, with crypto, AI and online betting companies accounting for $344m.

6 min read • • By Patrick Fasolis
Alina Mihaela Popa Interview

Alina Mihaela Popa: Three techniques that make a flagship product

Iconic21's Chief Commercial Officer discusses how to grow an iGaming franchise.

4 min read • • By Will Underwood
SiGMA World Themes: AI, Crypto and more

SiGMA World preview: AI, crypto and the event's biggest themes

Experts from all over the world and across the whole industry will gather in November to discuss some of the biggest topics in gambling.

5 min read • • By Patrick Fasolis

In The News

View All