Legal & Regulatory
Technology
Legal Advice on Technology Services for the Australian Gambling Industry
Senet assists bookmakers and technology service providers in the gambling industry with compliance, risk management, and regulatory obligations applicable to third party wagering platforms.
Corporate bookmakers, on-course bookmakers (including those operating online), and NT sports bookmakers often utilise third party wagering platforms, which are bespoke to the wagering services sector. These are sometimes complimented with managed trading and other services, to assist in managing risk.
Our gambling law experts assists technology service providers and bookmakers to meet their legal and regulatory obligations by advising and assisting in respect of the following:
Obligations framework
Obligations registers
Terms & conditions
System functionality
Transaction monitoring
Customer journey mapping
Privacy policies
Data protection
Senet works closely with technology service providers, bookmakers and racing industry stakeholders to advise on how to meet their legal and regulatory obligations.
FAQ
Gambling Technology Knowledge
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In respect of software suppliers to operators that hold a Corporate Bookmaker Licence, Online Bookmaker Licence or an On-Course Bookmaker Licence, such suppliers do not need to be licensed, however their software is subjected to stringent and comprehensive technical and compliance requirements before it is approved for use by operators.
For example, in the Northern Territory, each prospective holder of a Corporate Bookmaker Licence must use a system approved by the NTRWC which meets prescribed requirements. The system and any material changes to it will be evaluated by the regulator or an approved evaluator. Information security management is independently audited against ISO/IEC 27001 requirements on an annual basis. Another example is in Victoria, where each On-course or Online Bookmaker Licensee must use an ‘approved betting system’ (ABS) to take bets from customers. An ABS provider must ensure that its ABS meets rigorous certification and testing requirements from an independent third-party tester. In addition, probity checks are undertaken into the ownership structure, operational and technical capability, financial capacity, criminal and disciplinary history of licensees.”
