Lottoland Begins Legal Action Against ACMA After Probe Revelation That Jackpot Betting Breaches Local Gambling Laws

Online betting manipulator Lottoland Online Betting has taken legal action against the Federal Government of Australia following a probe that found out that the firm has violated gambling regulations by offering prohibited services contrary to the existing laws. The investigation authorized by the federal media watchdog was initially focused on the jackpot staking product of Lottoland that determines winners by pulling figures from financial markets while opening, then reorganizes it into a lengthy value and then turn it into the winning numbers.

When the Australian Communications and Online Betting Media Authority (ACMA) exposed the outcomes of the probe, the regulatory body indicated that some online jackpot wagering services given by Lottoland were in real sense games of chance.