Australian Northern Territory Racing Commission Review

The Australian Northern Territory Racing Commission ensures the responsible online betting. The Commission recognizes the fact that bettors have the opportunity to access online betting sites outside of the territory. However, they aim to regulate those catering to the region. Thus, they ensure members have access to fairness, responsible betting options and sites that follow the rules.

The Australian Northern Territory Racing Commission focuses purely on bookmakers. This means they are responsible for the licensing, regulating and more of the bookie sites. Bookmakers are licensed to follow the rules and regulations of the Racing and Betting Act. This ensures the reliability of online betting sites and the safety of its members.

Under this Act, bookies must record all their financial information and bets placed. This information, along with all recorded communications, must be sent to the NTRC (Northern Territory Racing Commission). Here, it’s sorted electronically and made available upon request.

Furthermore, sites operating under the NTRC must follow various other rules. This further ensures the safety and responsible betting takes place at all times. This includes complying with the Code of Practice set out by the Responsible Gambling Act.

They also need to provide account creation processes. Which ensure underage members are unable to join and place bets. Senior personnel, major stakeholders and even directors need to have a clear police record. They must also not have any convictions of any crimes within the last 10 years. Finally, the site has to ensure they record all their bets, deposits, withdrawals and report any unusual activities.

Australian Northern Territory Racing Commission – Functions

In addition to establishing rules and regulations for licensed betting sites, the Commission also takes part in other functions. This includes various tasks carried out on betting sites operating under their licenses, such as:

The Commission investigates any matter where it sees fit or completes. These investigations on a routine basis. It also supervises, controls and regulates the development in Greyhound Racing and trotting. Therefore, they remain updated on developments and ensure changes are in place if needs be.

Focus of the Commission

The Commission strives to present a platform that’s not only fair but reliable and trustworthy as well. They strive to promote fairness, efficiency and integrity within the operators under their licenses. This ensures persons joining such betting site can exercise their rights. They would also be able to take part in betting. Which follows the Code of Conduct in Responsible Gaming.

Of course, the primary focus would be to promote the use of safe and reliable gaming platforms. This means they ensure the information regarding reliable betting is available and clear. This focuses on informing the bettor who can make their own choices in avoiding sites. It’s important for bettors to understand that sites that don’t operate under the license. Also, they might not offer the same standard in fairness. The Australian Northern Territory Racing Commission does not regulate all forms of gambling sites. Therefore, bettors need to ensure sites operate under valid licenses. The licenses force operators to present responsible gambling information on their website. They also need to provide bettors with options relating to bet limits, self-exclusions and other account settings.