📜 Betting Control Amendment Regulations 2021
RegulationsSL 2021/19319 November 2021
Principal Act
These regulations amend the Betting Control Regulations 1978. They define terms related to betting, and prescribe conditions for domestic betting operators regarding fixed odds bets on greyhound, harness, and thoroughbred races, including maximum loss amounts based on turnover.
Domestic betting operators are affected by the new conditions for accepting fixed odds bets on racing events. They must comply with prescribed maximum loss amounts, which vary based on the type of race and the operator's annual turnover. This may impact their betting strategies and risk management.
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