122Sports bookmaker licence

122 Sports bookmaker licence (1) A sports bookmaker licence is required to conduct wagering with members of the public in relation to any of the following:

Racing and Wagering Act 2024 57 Example for subsection (1)(c) The novelty event could be a contingency such as what colour clothing will a specific celebrity wear to a particular public event. (2) A sports bookmaker licence authorises the licensee to conduct wagering with members of the public in accordance with subsections (3) and (4). (3) The wagering must be conducted only for the following: (4) The wagering must be conducted only: (a) by using any method: (i) referred to in section 5(1)(b) of the Interactive Gambling Act 2001 (Cth); or (ii) prescribed by regulation; or (b) at premises operated by the licensee at a racecourse with the consent of the race club responsible for the racecourse; or (c) if the licensee also holds a licence under the Totalisator Licensing and Regulation Act 2000 – at retail and other premises allowed under that licence.