Sweepstakes and their legal status
In New South Wales (NSW), betting operations are governed by the Totalizator Act 1997, Betting and Racing Act 1998, and the general provisions of the federal Interactive Gambling Act 2001. Betting is a betting system in which all bets on a specific event are combined into a common pool, and winnings are distributed among the winners in proportion to their bets, minus operator fees and taxes.
1. Who has the right to work as a sweepstakes
The main betting operator in NSW is the TAB (Totalisator Agency Board), operating under a licence issued by the state.
The license is issued after checking the financial stability, technical infrastructure and player protection systems.
Private companies cannot operate sweepstakes without special permission from the NSW government.
2. Permitted bet types
Horse racing bets:
3. Licensing and regulation
Licenses are issued by the NSW government, and control is carried out by Liquor & Gaming NSW in conjunction with the relevant horse racing authorities.
Licensee shall ensure transparent calculation of odds and distribution of winnings.
Using certified betting software is a prerequisite.
4. Restrictions and prohibitions
Acceptance of bets only from persons over 18 years old.
Ban on participation in betting for employees of the sweepstakes and event organizers.
Restrictions on advertising aimed at minors and vulnerable groups.
5. Responsible play
Availability of self-exclusion tools and limits for customers.
Informing players about risks and assistance services.
Activity monitoring to detect signs of problem gambling.
6. Sanctions for violations
Fines and suspension of the license in case of violation of working conditions.
Revocation of the license in case of serious or systematic violations.
Criminal liability for illegal betting activities.
Conclusion:
1. Who has the right to work as a sweepstakes
The main betting operator in NSW is the TAB (Totalisator Agency Board), operating under a licence issued by the state.
The license is issued after checking the financial stability, technical infrastructure and player protection systems.
Private companies cannot operate sweepstakes without special permission from the NSW government.
2. Permitted bet types
Horse racing bets:
- Thoroughbred racing
- Harness racing
- Greyhound racing (dog racing)
- Sports events approved by the regulator.
- Combined rates (multi) if allowed by rules.
3. Licensing and regulation
Licenses are issued by the NSW government, and control is carried out by Liquor & Gaming NSW in conjunction with the relevant horse racing authorities.
Licensee shall ensure transparent calculation of odds and distribution of winnings.
Using certified betting software is a prerequisite.
4. Restrictions and prohibitions
Acceptance of bets only from persons over 18 years old.
Ban on participation in betting for employees of the sweepstakes and event organizers.
Restrictions on advertising aimed at minors and vulnerable groups.
5. Responsible play
Availability of self-exclusion tools and limits for customers.
Informing players about risks and assistance services.
Activity monitoring to detect signs of problem gambling.
6. Sanctions for violations
Fines and suspension of the license in case of violation of working conditions.
Revocation of the license in case of serious or systematic violations.
Criminal liability for illegal betting activities.
Conclusion:
- In NSW, sweepstakes have a strict legal status and can only operate under a state licence. The main operator is TAB, which is obliged to comply with the standards of honesty, transparency and responsible play. Legislative regulation guarantees the protection of the interests of players and transparency in the distribution of winnings.
