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MORE RESEARCH INTO ONLINE SPORTS BETTING
02/14/2012 : MORE RESEARCH INTO ONLINE SPORTS BETTING
Tighter controls needed for A$790 million a year market say politicians
In Australia, the joint Select Committee on Gambling Reform has submitted its report, calling for more research, a ban on promoting live odds at sporting venues and during event broadcasts and generally tighter controls.
Chaired by independent MP and anti-online gambling politician Andrew Wilkie, the committee opined that betting on sport is proliferating and is currently worth about A$790 million a year.
Labor's Nick Champion, the committee deputy chairman, told the newspaper Courier-Mail that sports betting issues had 'surreptitiously' crept into Australians' lives.
The committee recommended that a national independent research institute on gambling be set up and an education campaign be developed to highlight the risk of harm from online gambling.
Gambling advertising should be banned during times when children were likely to be watching television.
The committee also called for tighter controls on credit betting.
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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