business.gov.au

Betting Exchange Licence - Northern Territory

Description

You will need this licence if you intend to operate a betting exchange in the Northern Territory. A betting exchange facilitates bets or wagers in return for a commission on winning bets.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible, you must:

  • be at least 18 years old
  • not already hold a betting exchange licence
  • be a fit and proper person
  • not have an interest of any kind in a betting exchange business conducted by a betting exchange operator

 

Duration

As specified

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $28200.00

Fees for 2024-25
Renew Renewal All $28200.00

Fees for 2024-25

Forms

Other resources

Task Business Structure Resources
Apply All Sports Bookmaker and Betting Exchange Operator List (Opens in new window)

Act(s) name

Racing and Wagering Act 2024 Northern Territory

Regulation(s) name

Racing and Wagering Regulations 2024 Northern Territory

Administering agency

Department of Tourism and Hospitality

Racing and Wagering Commission

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.