We are thrilled to announce The Straight, wagering & racing media as a media partner of Backing The Punt.

In Senet’s latest piece for EGR Global, Daniel Lovecek and Alexander Norrish discuss what the government's response to the 'You Win Some You Lose More' inquiry is likely to mean in practice as the reforms advance - from proposed broadcast caps and the "triple lock" online framework, to a planned ban on the use of celebrities and other notable persons to promote online wagering services.

Backing the Punt has always been where the Australian wagering and racing industry comes to have its most important conversations. In 2026, that conversation expands.

Australia’s illegal offshore gambling market has more than doubled since 2019, with Australians now losing $3.9 billion a year to illegal sites and this figure rising to $5 billion by 2029, according to new research by H2 Gambling Capital for Responsible Wagering Australia (RWA).

For years, decisions started with the transaction. Increasingly, that's the least interesting part. Genuine customers and fraudulent networks move fluidly between payment methods and operators, so any single event tells only part of the story. Identity connects them. Forter recognises 97% of identities across Australia, the US, Canada and Ireland,* drawing on a global network of over 2.5 billion - turning a hesitant decline into a confident yes.

Over 640 days ago, the Federal House of Representatives Standing Committee on Social Policy and Legal Affairs published its report on online gambling harm in Australia, ‘You Win Some You Lose More’. The report had bold recommendations, including a ban on all advertising of online wagering.

From 29 September 2024, more stringent customer identification and pre-verification requirements (called Applicable Customer Identification Procedures (Verification)) applicable to WSPs will come into force across all Australian jurisdictions.

Prohibition on betting on minors in sport

The gambling messages consist of 7 taglines that must be used in equal rotation depending on the platform.

Australia has a comprehensive gambling regulatory environment across federal and state and territory levels, however, inconsistency in requirements across jurisdictions undermines its efficacy.

New requirements for customer Activity Statements have been implemented by each State and Territory.

The development of the Australian Sports Wagering Scheme (ASWS) to streamline current processes and to provide clarity, transparency and consistency of the sports wagering regulatory regime at a national level was a recommendation of the Review of Australia’s Sports Integrity Arrangements (Wood Review).