'Business would be destroyed': Lottoland takes NT Government to court

  • 📰 abcnews
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 83%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Major bookmaker Lottoland takes the Northern Territory Government to the Supreme Court over proposed changes to gambling licences, arguing a change could destroy the company's business model in the Territory.

Betting company Lottoland says proposed changes to the Northern Territory's Racing and Betting Act will destroy its business model in the Territory, and is taking the Government and Minister for Racing to court to try and block the changes.

"These changes to the conditions to licences as set out in the act, though applied to all bookmakers in the NT, would only negatively affect Lottoland," Mr Davis said. Lawyers for the NT Government told the court an injunction would be unreasonable because changing the licensing conditions was in the public interest.

Those matters were rejected in favour of Lottoland by the NT Racing Commission, which found Lottoland had no case to answer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yes - abolishing slavery also had a significant impact on many business models. Negative impact on a business model isn't of itself justification for opposing change.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Federal government makes $800m push for digital business transformation | Sky News AustraliaThe federal government is seeking to incentivise businesses to adopt and transition to digital technologies through its $800 million Digital Business Plan in a move designed to allow more businesses to operate through the pandemic and boost Australia's GDP up to $6.5 billion over four years.\n\nGlobal consultancy firm McKinsey estimated the adoption of technology in Australia had advanced up to five years in eight weeks as a result of the coronavirus pandemic.\n\nAround half of the government's $800 million spend would be used to finalise the government's business register allowing Australians to start businesses in minutes rather than weeks.\n\nIn a statement, Prime Minister Scott Morrison said the plan removed 'outdated regulatory barriers' and backed the 'uptake of technology across the economy'.\n\n Why are they pushing commerce online?
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Government's digital business plan will make the economy 'more productive' | Sky News AustraliaEnergy Minister Angus Taylor says the federal government’s proposed digital business reforms are concerned with empowering customers and businesses through the use of digital technologies and will make the economy 'more productive'. \n\nThe federal government is seeking to incentivise businesses to adopt and transition to digital technologies through its $800 million Digital Business Plan in a move designed to allow more businesses to operate through the pandemic and boost Australia's GDP up to $6.5 billion over four years. \n\nGlobal consultancy firm McKinsey estimated the adoption of technology in Australia had advanced up to five years in eight weeks as a result of the coronavirus pandemic. \n\n“It’s really crucial that we see the efficiency and gains that we can get from digital,” Mr Taylor told Sky News host Chris Kenny. \n\nMr Taylor said “(the Digital Business plan) will make it much easier for you to control your own data and move between supply, so if you want to switch electricity suppliers, you can do it very quickly and easily, you can compare plans quickly and easily.\n\n“These reforms are all about empowering customers, empowering businesses, by using digital technologies.\n\n“Switching electricity providers is one example, switching banks would be another one.\n\n“These are the sorts of initiatives which we think will make the economy more productive, better for consumers, and of course in my space, being able to switch between energy providers is hugely important.”\n AngusTaylorMP AngusTaylorMP can’t even operate a calculator. AngusTaylorMP How, are we all going to sit in front of a computer? What about food, who is producing food? Who is producing power for our homes, maybe he thinks the new world order agenda will provide all of that. AngusTaylorMP
Source: SkyNewsAust - 🏆 7. / 78 Read more »