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THE COMPLICATED STATE OF AUSTRALIAN ONLINE GAMBLING
Wednesday, October 26, 2011 : With a review of the Interactive Gambling Act taking place, operators are hoping for some changes.
Australian operators are hoping for a more logical approach to online gambling as the government studies a review of the Interactive Gambling Act, reports WA Today.
The newspaper points out that overseas internet sports betting companies are now playing a growing role in the Australian market, naming Sportingbet’s takeover of Centrebet; Paddy Power’s acquisition of Sportsbet; and the Betfair fifty percent joint venture with a top Aussie land gaming group.
All of these companies offer ''in-the-run'', ''push button'' or ''live'' wagering, a method of betting that WA Today predicts will grow.
Aussie regulations can be confusing: In-the-run betting on horse racing is allowed in Australia online, via phone and at retail outlets, such as TABs, under the Interactive Gambling Act.
Tabcorp offers it only on the Melbourne Cup.
''Live betting on racing is difficult in Australia because the majority of our races are sprint races and over in 60 to 90 seconds,'' says Tabcorp's general manager of corporate affairs, Nicholas Tzaferis.
''That does not make it conducive to live betting, unlike an AFL or NRL game, which plays out over 80-plus minutes.''
But the Interactive Gambling Act bars internet in-the-run betting on AFL (Australian Football League), NRL (National Rugby League) and all sports other than racing.
It's permitted only by phone, or at retail outlets, or to overseas gamblers.
WA Today rightly opines: “Allowing phone use is an anachronism and the concession to overseas punters is an anomaly, considering the foreign ownership of Australian betting institutions, including Tabcorp, where the majority of its top 20 shareholders are offshore, principally Hong Kong and the US.
“The Act is under review and it's a fair bet it will be amended to allow internet betting, despite the risk of an increase in gambling.”
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Gambling News :
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The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.
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Super Heroes Slot Launches -
When the feature is triggered, two of the heroes appear on each side of the screen to boost winnings. During free spins, heroes are triggered on every spin, with their super powers growing stronger each time.
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Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.
2016 Italian Poker Tour main event in Malta -
After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.
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2016 888poker Make It Big Tournament -
A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.
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