After finding itself at the centre of yet more controversy in Australia, Lottoland has triumphed in its latest ruling against the Australian Communication and Media Authority.
The move comes after an ACMA investigation into the Gibraltar-based organisation’s jackpot betting product, which the firm only launched recently after seeing its main lottery betting offering outlawed by Parliament last year.
It is said that the decision comes from the service being classified as games of chance, which are prohibited under the country’s Interactive Gambling Act, including Monday – Thursday daily jackpot games as well as the US’ millions and jackpot betting services.
Lottoland’s new offering takes numbers at random from financial markets at set times of day, which are then used to create a single, large number, that is converted into winning numbers for a lottery-style draw.
After announcing a decision to take legal action in the Supreme Court in early June, Luke Brill, Lottoland CEO, said after the judge found in the way of the firm: “The Supreme Court of NSW has today confirmed that Lottoland Australia’s jackpot betting products are fully compliant with Australian law.
“Lottoland Australia has always maintained that ACMA’s view of our jackpot betting products is wrong, unfair, and uncompetitive—and today I am pleased to say that we have been vindicated.
“With this matter now settled, Lottoland Australia can finally get on with what it does best – providing new and exciting products that Australian punters love.”
Lottoland has long been at the centre of controversy in Australia, after its previous product, which allowed bets to be placed on the outcomes of local and overseas lotteries without the need to purchase a ticket for participation, was outlawed.
This followed a prolonged back and forth as lottery operators and sellers stated that the company was cannibalising revenue, amid Lottoland becoming increasingly viewed as a threat to Tabcorp, newsagents and lotto agents who sell such products.
The Australian government announced a crackdown last year and passed draft laws, making ‘lotto betting’ or ‘synthetic lotteries’ prohibited in the country by early this year.