Skip to main content

William Hill Exit from Australia Possible

Recently updated on January 18th, 2018

Following new gambling laws and regulations in Australia, more gambling operators are considering an exit from the market. Companies like William Hill, with a large presence in sports betting, might soon exit the country. The British gambling operator announced a ‘strategic review’ of their Aussie business earlier this week.

Their announcement comes after the London Financial Times reported possible new taxes in various Australian states. These tariffs, known as ‘point-of-consumption’ taxes, will mean that operators will need to pay revenues to each state they offer bets in, as well as the state they gained a license from. For many online casinos and poker rooms, this was a motivating factor for leaving the AU market in 2017.

William Hill might Exit Australia

William Hill Holding their Cards Close

While it’s always wise not to overplay your hand, William Hill seems to be taking their bets seriously. This ‘strategic review’ means that they could be getting ready to fold their hand in Australia. Of course, this is simply speculation for the moment. There have been other regulatory concerns impacting their profits in Australia in the past year.

At the start of 2017, sportsbooks were banned from advertising their services during sporting events. This came about after match-fixing allegations during the Australian Open and other tennis tournaments. What’s more, Australia banned credit betting shortly after. Gamblers could no longer bet with credit cards or other such services online or through operators like William Hill.

Showdown on the Way

To continue our Poker analogy, the federal government have been betting big on expected revenues from gambling laws. State officials have also been extremely vocal about other gambling forms, such as the last Queensland casino. However, their opposition to gambling may just lose them the game. After all, you can’t always bluff your way through a game when you’re dealt a bad hand.

We could be wrong, but only time will tell if Australia’s ambitious new regulations will pay off. Especially when they place focus on local operators to carry their gambling needs. Keep visiting New Zealand casinos for updates on the AU situation.



Related Posts

Gambling with Debit Cards to be Blocked by UK Banks

UK Banks to Block Cards for Local Gambling – NZ Betting News

Recently updated on January 9th, 2019Rising problem gambling and participation in the United Kingdom has sparked banks to take action. Starting this year, four UK banks will give players the option to block gambling transactions. Measures include blocking debit card payments at bookmakers and casino websites. Barclays was the first to offer the option. Lloyds, […]

Anti-PASPA Movement Ongoing in the United States

Anti-PASPA Campaign - Sports Betting NZ

Recently updated on February 2nd, 2018It’s no secret that lawmakers in the United States are against sports betting and other forms of gambling. For years, it’s been illegal to bet on sports because of the Professional and Amateur Sports Protection Act (PASPA). Now anti-PASPA initiatives, led by the American Gaming Association, are pushing to have […]

NZ Video Gaming a Budding Industry

Recently updated on September 5th, 2019 In five years, the New Zealand video game industry could be worth a billion dollars. The interactive gaming industry is said to be the future of New Zealand’s economy. A report identifying how video gaming could create jobs and export earning if the government was involved was recently released. […]

Offshore Casino for Kiwi Gamblers Still on the Cards for SkyCity

SkyCity logo

Recently updated on March 12th, 2019Exploiting a gap in the law, SkyCity plans to launch a European-based online casino later in 2019. And the New Zealand government can’t do anything to stop it. It’s estimated that New Zealand gamblers export $400 million a year playing at unregulated offshore casinos. Now, SkyCity wants it’s $180 million […]