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The Australian spotlight is focused unwaveringly on Vanuatu-licensed online bookmaker operator Butterscotch Holdings (Vanuatu) this week amid allegations that punters are not being paid their winnings.
The Sydney Morning Herald reported Friday that racing authorities in Australia have launched an investigation into allegations of no-pay made by Aussie gamblers.
The investigation could have serious implications for Betjack, which has hired extra staff for its Gold Coast call centre and is busy gearing up ahead of the spring racing carnival.
The newspaper reports that despite its Vanuatu licensing, the company has Australian bank accounts into which it has accepted Aussie wagers.
"Offering bets to Australians from overseas is illegal, attracting a fine of up to A$340,000 a day, and offshore bookmakers do not pay Australian tax or licence fees to racing and other sports," the newspaper notes.
Bernard Saundry, the chief executive of Racing Victoria which is conducting the investigation, has called on the federal government to take action against Betjack and other offshore operators.
"They are parasites who have been paying no returns to the Victorian racing industry for the use of our product, nor are they complying with our integrity requirements as approved wagering operators are obligated to do through information sharing and compliance," he said.
The SMH reports that punters at a Melbourne golf club are allegedly owed amounts of up to A$150,000, which they have been trying to recover without success for a year.
Another punter allegedly lodged A$50,000 in his Betjack account, which after a winning streak swelled to A$250,000. Unable to withdraw the whole amount, he was eventually paid back his original A$50,000 and told never to bet with Betjack again.
Complaints of slow or non-payment on internet betting forums date back to last year, the newspaper claims, with the operator giving "dodgy" excuses for not paying timeously.
Fairfax Media, the parent group for the SMH, claims that Gold Coast-based company Parkview Corporate Services (PCS), controlled by St Kilda man Jeffrey Myles Kemp, is linked to Betjack and holds accounts with the Westpac and ANZ banks.
The media company tracked a person associated with the company and found she was the registrant for domains linking to the main website. Neither Kemp or the tracked woman returned calls from the media group.

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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