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AUSSIE BETFAIR EXEC URGES TRACEABLE BETTING ACCOUNTS

5/9/10 - Betfair’s man in Australia, Andrew Thwaites, once again made the local headlines this week with a call for a nationwide betting register.
 
Thwaites’s company partners the AFL, and his radical proposal suggests that all punters be compelled to gamble at TABs or with corporate bookmakers through traceable wagering accounts.
 
Thwaites was widely quoted in the Australian press as asserting that account betting was the only way sporting codes such as the AFL could ever properly follow the money trail in fighting corruption.
 
"With account-based betting you are able to provide absolute transparency to regulators, stewards and sporting officials when it comes to integrity management," Thwaites said.
 
"So we are able to tell the AFL or the RVL or the police, if necessary, exactly who has been putting the bets on, where they live and what their computer's IP address is -- everything you can think of. It's an absolute fingerprint.
 
"You know who's betting and who's winning the money. You are never going to close all the doors, but if you can channel punters into a highly regulated environment it is the best way to protect the game,” said Thwaites.
 
On an international level, Betfair has in many cases alerted diverse sporting bodies to unusual betting patterns picked up on its sophisticated tracking software; the company has repeatedly made it known that it will not be a party to corruption in sport.
 
The Australian newspaper The Herald Sun reported that the Betfair recommendation comes on the heels of admissions from the AFL's second gambling partner, Tabcorp, that football figures can flout gambling bans by betting with cash at suburban TABs.
 
Banned bookie Simon Beasley told the Herald Sun the AFL was in "Noddy Land" if it believed it could stop players and officials from betting on football.
 
However, AFL chief Andrew Demetriou defended the present rules, which forbid officials and players of his body to bet on games.
 
"The actual proposition that we shouldn't outlaw betting on football by club officials, by players and by coaches has no currency whatsoever," he said. "The rules are very, very clear and we have seen what betting and gambling can do, how it can destroy a sport."
 
Last week the AFL caught six people in a forensic swoop involving 24 major betting agencies and bookmakers.

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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