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Most of Australia's leading online sportsbooks are granted licenses by the government in order to operate legally in Australia, adhering to stringent standards and being subject to government oversight. The Interactive Gambling Act of 2001 strictly forbids unlicensed operators from offering such services within Australia, with ACMA monitoring the industry and alerting internet service providers when unlicensed websites come online. Neds app android download free RegTech tools are automating the process of compliance monitoring in the online betting sector. Automated systems can continuously track and analyze changes in regulations, ensuring that betting platforms stay abreast of the latest legal requirements. This reduces the risk of non-compliance and associated penalties.