
TL;DR — Andrew Catterall outlined proposals at the AGM where government intervention could reduce the flow of Australian bettors to unregulated operators, citing Canada as a possible model and New Zealand. The offshore market represented about 30% of the licensed domestic wagering market and was growing at a considerably faster rate than the regulated offering, while PointsBet’s taxation and product-fee burden was now equivalent to about 50% of its revenue.
SCCG Take — Enforcement on payments and platforms must match advertising reforms to prevent further erosion of the licensed market. Regulators need resources to close loopholes and protect consumers from offshore risks.
PointsBet has called on the Australian government to block payment channels used by illegal offshore bookmakers and require faster removal of unlicensed gambling ads from digital platforms. Group CEO Andrew Catterall presented the proposals at the company’s annual general meeting, pointing to enforcement models in Canada and New Zealand as examples worth following.
Catterall said payments providers and banks should face examination to stop Australians transferring funds to unregulated operators. He cited Canada’s restrictions on data providers servicing black-market operators and New Zealand’s work to direct punters to licensed wagering. Catterall also pushed for tighter controls on Australian influencers paid commissions by offshore sites.
“That needs to be shut down. There’s a raft of things to get at there, and we really need a concerted effort to get at it,” he said.
Catterall stressed that real-time takedown of illegal ads is important on online digital platforms. He noted that offshore operators can phoenix their brands or hide behind other accounts but that promotions remain visible across social media.
The offshore market represents about 30% of the licensed domestic wagering market and grows at a considerably faster rate. PointsBet‘s taxation and product-fee burden equals about 50% of its revenue, costs avoided by operators outside the regulated framework.
Catterall’s comments came while PointsBet assesses the federal government’s gambling advertising reform package, which has passed parliament. The company awaits precise definitions and guidance on its operation. Catterall said the post-reform operating model for licensed Australian wagering operators will get even more complicated and more expensive.
“No one involved in the gambling advertising reform debate should want this to afford even more advantage to the illegal offshore operators who currently don’t follow any of the rules, don’t pay any Australian tax, don’t answer to any Australian authorities, and represent a very real and growing risk to the protection of Australian consumers,” he said, according to reporting by Yogonet International.
PointsBet has already cut its advertising exposure, ending sponsorship agreements with NRL clubs Manly and Cronulla in 2025 and reducing free-to-air television expenditure. Catterall added that the company has supported pragmatic reform for three years and now wants to see it implemented with adequate regulator resources.
New advertising rules risk widening the advantage for offshore operators unless paired with concrete payment curbs and platform accountability measures. Without those steps, the competitive distortion will grow, leaving licensed providers carrying heavier burdens while consumer protections remain incomplete.
Reporting: Yogonet International
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
We've watched this playbook destroy regulated markets for decades: strict rules on licensed operators, zero enforcement on offshore players. PointsBet's call for payment blocks and ad takedowns isn't new strategy — it's survival. When your tax burden hits 50% of revenue and unlicensed competitors grow faster while playing by no rules, something has to break. Australia needs enforcement infrastructure, not just more laws.
SCCG angle: SCCG works with regulators and licensed operators across every major market. When clients face offshore competition, we connect them to the policymakers, payment providers, and enforcement models that actually move the needle — including the Canadian and NZ frameworks PointsBet references. We help operators build the coalitions that turn proposals into policy.
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