According to this excellent investigative reporting by Australia’s Herald Sun:
Billions of dollars are being bet on rugby league and other major sports using unregulated offshore gambling companies — and football bosses are helpless to stop it.
Government regulations aimed at illegal gambling and the threat it poses to the integrity of sport are “laughable”, according to insiders.
Racing Australia chief executive Peter McGauran said rugby league and other football codes were like “babes in the woods” as they battled overseas gambling interests.
The Philippines, Malta, Antigua and remote Alderney in the Channel Islands have become betting havens for punters wishing to outlay hundreds of thousands of dollars to escape detection by Australian regulators.
A leading racing figure, who asked not to be named, estimated $1 billion a year is bet overseas on Australian sports.