Gambling cheating: Using inside information for betting purposes in New South Wales – a crime

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A 48-year-old man from Sydney has been accused of using inside information to tip the outcome of five Australian of the Year awards.

Police say Christopher John Shannon used confidential information from a Commonwealth employee for betting purposes on six occasions, ultimately knowing who the prize recipients were before betting on the outcome.

The prize bets are said to have taken place between 2017 and 2021, including biomedical scientist Alan McKay-Sim in 2017, quantum physicist Michelle Simmons in 2018 and Craig Challen and Richard Harris in 2019, who helped save a young football team. Thai winery.

The allegations also include betting on sexual assault advocate Grace Tame to win in 2021 and Young Australian of the Year, entrepreneur and medical student Isobel Marshall, in the same year.

In a news release, police said Shannon won a total of $7,542 from the $1,767 wager.

The matter was first listed at Downing Center Local Court on 16 January where he was adjourned for two weeks to return to Manly Local Court on 30 January 2024.

His lawyer informed the court that it was likely that Shannon would ask the court to deal with his matter on mental health grounds in the future.

Australian Federal Police Commander Stephen Nutt noted that “detecting and disrupting serious financial crime based on confidential information has been a key priority for the AFP and its partner agencies”.

“Illegal use of inside information undermines the integrity of betting events and disadvantages those who play by the rules,”said Commander Nutt.

The charges came after the Australian Crime Intelligence Commission provided the Australian Federal Police with a report on betting irregularities at the 2021 Australian of the Year awards.

Nutt order explained: “tea AFPACIC, the Australian Transaction Reports and Analysis Center (AUSTRAC) and other agencies are constantly looking for suspicious activity on betting and other accounts and can act quickly if criminal activity occurs.”

This began “Operation Maridun” in February 2021, which eventually led to Shannon being charged with six counts of using inside information for betting purposes contrary to section 193Q.

Cheating in gambling offences: Using inside information for betting purposes Offense under section 193Q Crimes Act NSW

In New South Wales, Part 4ACA Crimes Act 1900(NSW) lists offenses related to “gambling cheating”.

Offenses were introduced in 2012 Crimes (Cheating in Gambling) Amendment Act 2012 (NSW), following recommendations from the Law Reform Commission in response to growing online betting markets for Australian sports and various high-profile incidents match fixing.

Section 193Q criminalizes the use of information about corrupt conduct or inside information for betting purposes. The prosecution is required to prove that:

  1. you possessed “confidential information” or “information about corrupt conduct” in connection with the event,

  2. You knew or were reckless as to whether it was “inside information” or “information about corrupt conduct” and

  3. You have placed a bet on the Event, encouraged another person to bet on the Event in a particular way, or communicated information to another person who you knew or should reasonably know will bet or is likely to bet on the Event.

If the information is deemed to be “information about corrupt conduct”, the maximum penalty is 10 years in prison. This means information about behavior or proposed behavior that spoils the outcome of a bet in a given event.

Conduct will be considered to “damage” the betting outcome of an event if:

  • affects or is likely to affect the outcome of any type of betting on an event and

  • it is contrary to the standards of integrity that a reasonable person would expect from persons who can influence the outcome of any type of betting on an event.

However, if the information is deemed to be “confidential information”, the maximum penalty of 2 years imprisonment may be used instead.

Inside information is defined as information that is not generally available, that is, if it were generally available, it would or would be likely to influence persons who normally bet on an event in deciding whether or not to bet on the event. make any other betting decision.

Information will be considered generally available if it is readily observable by the public or has been published in a manner that would or is likely to bring it to the attention of the public.

It also includes deductions, conclusions or inferences made or inferred from such information.

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