Sports bookmaker licence
122 Sports bookmaker licence
(1) A sports bookmaker licence is required to conduct wagering with members of the public in relation to any of the following:
a thoroughbred, harness or greyhound race;
a sporting event declared by the Commission under section 167(1);
(c) a novelty event that complies with rules issued by the Commission.
Example for subsection (1)(c)
The novelty event could be a contingency such as what colour clothing will a specific celebrity wear to a particular public event.
(2) A sports bookmaker licence authorises the licensee to conduct wagering with members of the public in accordance with subsections (3) and (4).
The wagering must be conducted only for the following:
a thoroughbred, harness or greyhound race;
a sporting event declared by the Commission under section 167(1);
(c) a novelty event that complies with rules issued by the Commission.
The wagering must be conducted only:
by using any method:
(i) referred to in section 5(1)(b) of the Interactive Gambling Act 2001 (Cth); or
(b) at premises operated by the licensee at a racecourse with the consent of the race club responsible for the racecourse; or
(c) if the licensee also holds a licence under the Totalisator Licensing and Regulation Act 2000 – at retail and other premises allowed under that licence.
This provision refers to the regulations (prescribed by regulation
). Made under this Act:
This Act’s bill:Explanatory statementSecond reading speech
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