Western Australian Consolidated Acts Western Australian Consolidated Acts In this
Act —
betting exchange means a facility, electronic or
otherwise, that enables persons —
(a) to
place or accept, through the operator of the betting exchange, bets with other
persons; or
(b) to
place with the operator of the betting exchange bets that, on acceptance, are
matched with opposing bets placed with and accepted by the operator,
but does not include a facility, electronic or
otherwise, that enables persons to place bets only with a bookmaker or a
totalisator.
[Section 4AA inserted by No. 70 of 2006
s. 6.]