Upon the newest set of regulations implemented by the Australian government, it seems like numerous “synthetic” lotteries have had to suffer, the latest example being Lottoland, whose betting website has been recently banned. This has come as great news for the biggest player in the local gambling scene, Tabcorp gaining a leaping advantage over its competitors.
All websites operating online bets without demanding from gamblers the actual purchase of a lottery ticket will not be able to access the Australian gambling scene, once the landmark law approved by the parliament comes into operation starting from 1th of January 2019. Lottery providers that offered traditional gambling opportunities, such as the one mentioned above, have been under threat since the rise of synthetic lottery sites, so this news comes as a huge victory. (more…)