AUSTRAC finalises enforceable undertaking with Sportsbet

enforceable undertaking3 July 2026

Respondent

Sportsbet Pty Ltd

Facts

AUSTRAC has finalised its enforceable undertaking with Sportsbet Pty Ltd (Sportsbet) after the company addressed serious deficiencies in its anti-money laundering and counter-terrorism financing (AML/CTF) controls.

Outcome

AUSTRAC finalised (closed) the enforceable undertaking it accepted from Sportsbet Pty Ltd in May 2024, after independent assurance confirmed Sportsbet had implemented the required AML/CTF remediation (2026-07-03). See the AUSTRAC source for the full terms.

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Read the source

https://www.austrac.gov.au/news-and-media/media-release/austrac-finalises-enforceable-undertaking-sportsbet

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