The Northern Territory is a federal territory of Australia, making up the entire north-central portion of the continent. All licenses are managed by the Northern Territory Government Department of Justice. In Northern Territory Mapaddition to strict preliminary screening, the relevant authorities carry out regular audits to ensure license holders are adhering to the Territory's stringent security regulations.
Additionally, applicants' financial history and current financial assets are examined, along with the feasibility of their business plan. The reputation of the applicant's company and even their personal character are also considered. The commission is concerned not only with protecting players, but also with protecting their own status as licensors, to the extent that a thorough spell check of the applicant's software and website is undertaken as part of the application procedure.
Once a license has been issued, regular audits are carried out to ensure the licensee is adhering to the guidelines set forth. There have been instances where the Northern Territory has revoked online gambling licenses from operators who passed these audits. Recently, the region has been facing problems with licensees moving or threatening to move to jurisdictions with lower tax rates. In response, the Northern Territory reduced their gambling tax in October 2009.
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