Betting Company ‘Betr’ Fined for Breaching Aussie Laws With Illegal Ads

Betting Company ‘Betr’ Fined for Breaching Aussie Laws With Illegal Ads
James Mcdonald riding #4 Verry Elleegant wins race 7, the Lexus Melbourne Cup during 2021 Melbourne Cup Day at Flemington Racecourse in Melbourne, Australia, on Nov. 2, 2021 . Quinn Rooney/Getty Images
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Sports wagering start up company Betr has been fined a record $210,000 (USD$140,00) by ​​Liquor and Gaming New South Wales (L&G NSW) for breaching the state’s laws in its promotional ads during its launch in October.

The News Corp-backed wagering company Betr offered 100-to-1 odds and 20-1 odds on major events including the Melbourne Cup, Cox Plate and NRL and AFL markets as part of its launch.

Lis Wang
Lis Wang
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Lis Wang is an Australia based reporter covering a range of topics including health, culture, and social issues. She has a background in design. Lis can be contacted on [email protected]
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