Australia’s online gambling service providers will be required to complete applicable customer identification procedures (ACIP) before creating any new online gambling accounts or commencing to provide any designated services under tightened pre-verification rules to come into effect next year.
According to anti-money laundering regulator AUSTRAC, the stricter rules will be enforceable from 29 September 2024, however interim arrangements are in place effective immediately to give gambling services time to adapt their systems to accommodate the change.
Under the guidelines, customers will not be permitted to make deposits or place bets until ACIP is completed.
