Gambling in the state is regulated by Liquor & Gaming NSW responsible for implementing government policies, overseeing technical standards for pokies, and monitoring the revenue collected from gambling-related activities. The wagering law is currently regulated by the Betting and Racing Act 1998 and the Totalizator Act 1997 prescribing possible betting events and requirements.
State legislators are always looking for better ways to create sustainability in the gambling industry. The approach involves following strict procedures to ensure the licensees are indeed capable of conducting fair and lawful business while upholding gambling as a healthy habit rather than making money off some gamblers’ addictions.
Gambling license in New South Wales
Gaming licenses and permits are issued by Liquor and Gaming NSW and come in two types – hotel and club. These allow the operating of gambling machines and require an annual fee to be paid by the holders. The fee system ensures that every operator makes a reasonable contribution to the cost of sustaining the industry safe for gamblers. At this time, interactive gaming licenses are not available under the state legislature.
Further resources
Interested parties can always visit the official website of the state’s regulator at www.liquorandgaming.nsw.gov.au to discover all the latest changes and read more on the policies, including upcoming ones.
Another resource that offers information to potential license holders is www.ablis.business.gov.au where you can find all the details of procuring a license, along with eligibility requirements and detailed descriptions.
