Bookmaker and betting exchange licences and permits

A sports bookmaker or betting exchange licence allows you to take bets on racing and approved sporting events over the phone and online.

The term of a sports bookmaker licence or betting exchange licence is up to 20 years, and includes an annual licence fee.

Get the list of declared sporting and other events which a licensee can take bets on.

Before you apply

You must contact Licensing NT for an application pack. You should also check the non-refundable fee.

Email LicensingNTSportsBookmakers.DITT@nt.gov.au or call 08 8999 1800.

Requirements

Before you submit your application, you must read and understand the requirements for this licence.

You must also do all of the following:

• complete a finger print check on all directors, major shareholders and key personnel
• make financial arrangements to ensure you have a $250,000 bank guarantee available
  • you will need to provide this once your application is approved and before your licence is issued
• gather all required supporting documentation including:
  • your latest audited financial statements
  • a 3-year business plan that outlines how granting you a licence will benefit the NT
• review and learn all NT racing rules and regulations, including any conditions imposed by the NT Racing and Wagering Commission.

How to submit

Submit your application to Licensing NT.

After you submit

Licensing NT will send you an invoice for the fee. Your application won't be reviewed until the fee has been received.

The NT Racing and and Wagering Commission will consider your application for conditional approval.

You can't operate until the commission confirms you have met the following conditions:

• provided a bank guarantee of $250,000
• approval from Licensing NT to use your system
• approval of terms and conditions
• satisfactory finger print checks
• appointment of a local nominee and inspection of local premises
• payment of a monthly levy to the Racing and Wagering fund
• responsible gambling training completed by key employees
• confirmed registration with BetStop, the national self-exclusion register
• any other conditions required by the commission.

System evaluation

Before you can operate as a sports bookmaker or betting exchange operator, your wagering systems must be evaluated. For more information, contact Licensing NT.

How to renew a licence

Licensing NT will contact you and send you a renewal application 3 months before your licence is due to expire.

Contact

Email LicensingNTSportsBookmakers.DITT@nt.gov.au or call 08 8999 1800.