The Australian government has shut down the Norfolk Island Gaming Authority (NIGA) after a damning report found that it has failed to fulfil its regulatory role to an acceptable level.
The report by gaming-focused audit and assurance firm Centium Group ultimately found that the NIGA is "beyond redemption", with too many existing problems to simply be reformed.
The NIGA is based on Norfolk Island, which lies between Australia and New Zealand. It offered licences to online gaming operators serving Australian [...]