Ladbrokes Australia follows Betfair to Northern Territory

| By iGB Editorial Team
Ladbrokes Australia has announced it will relocate its operations to the Northern Territory region of the country.

Ladbrokes Australia has announced it will relocate its operations to the Northern Territory region of the country.

A division of UK bookmaker Ladbrokes, the operator informed customers of its decision via an email, stating that the Ladbrokes.com.au website would now be operating under a licence from the Northern Territory Racing Commission as of today (Wednesday).

Ladbrokes Australia holds a licence from the Norfolk Island Gaming Authority, although the body was stripped of its licence-issuing powers in April.

Earlier this month, Betfair also said it would be moving its Australian business to the Northern Territory and operate under a new licence.

The Northern Territory offers the cheapest gambling licences in Australia.

In the last financial year, the 13 corporate bookmakers based in the region paid A$4.8 million (€3.3 million/US$3.67million) in gaming taxes on turnover of A$9.6 billion.

Related article: Betfair relocates Australian business to Northern Territory

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