The Norfolk Island Gaming Authority (NIGA) was established in 1998. The Authority, which is an independent, statutory 3 member body, consists of a Presiding Member and two members .The Authority ensures that its regulatory and supervisory approach meets the very highest of international standards. The NIGA is a streamlined and efficient organization that provides for rapid approvals to licence applications.In April 2016, Australia’s federal government has stripped Norfolk Island of its power to grant and renew gaming licenses after a decision by the gaming authority last year brought an illegal bookmaker to Australia’s multi-billion dollar racing industry.The minister’s direction prohibits NIGA from issuing and renewing gaming licenses, and effectively demands the authority stand down until a full audit of its procedures, previous decisions and protocols takes place. The audit, which will start in July, is expected to take three months.It is understood licenses granted before the minister’s direction will not be affected.
The Norfolk Island Gaming Authority will be shut down after a report released by the Federal Government found the regulator to be “barely viable”, failing its regulatory role, and with internal controls that could “give rise to fraud and corruption”. The report, based on a two month investigation of the authority found it to lack […]
Ladbrokes Australia is the latest bookmaker to shift its regulatory home to the Northern Territory, local media reports. This week, the corporate bookmaker sent emails to its customers informing them that Ladbrokes.com.au would now operate under a license issued by the Northern Territory Racing Commission (NTRC). Betfair made a similar move earlier this month, after […]
UK-based bookmaker Ladbrokes has accused the Australian federal government of favoring incumbents Tabcorp and Tatts Group with its decision to ban “click-to-call” systems for live sports. The Norfolk-Island licensed bookmaker is the first of its peers to stop offering the service in Australia. Earlier this week, the Northern Territory government sent a letter to its […]
An Australian welfare group wants changes to Australian online betting laws to ensure taxes are paid where the bets are made, local media reports. The South Australian Council of Social Services says that jurisdictions such as the Northern Territory and Norfolk Island are potentially being used to avoid tax as laws allow companies to be […]
Australia’s federal government has stripped Norfolk Island of its power to grant and renew gaming licenses after a decision by the gaming authority last year brought an illegal bookmaker to Australia’s multi-billion dollar racing industry. Australia’s Minister for Territories, Paul Fletcher revoked the island’s gaming authority’s power after the authority granted permission for betting exchange […]