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AUSSIES TIGHTEN UP ON BETTING INDUCEMENTS

Four gambling companies face the wrath of Victoria Commission for Gambling Regulation
 
It appears that the Australian territory of Victoria is tightening up on gambling companies that offer inducements to punters to bet, with charges laid against four companies and the possibility of more to follow.
 
The Age newspaper reports that Tabcorp subsidiary Luxbet found itself in hot water for offering illegal rewards to punters as an inducement to bet on the 2010 Australian Open tennis championships. The company admitted guilt, and was alleged to have offered prospective clients ''more favourable odds'' on Roger Federer and Serena Williams winning the singles titles.
 
The newspaper notes that the Luxbet prosecution is the first under new laws, but that similar charges have been laid against Sportsbet, International All Sports and Eskander's Betstar.
 
In the Luxbet case - the first of the four to come to court - prosecutor Alex Fitzpatrick told Melbourne magistrate Elizabeth Lambden that new Luxbet customers were required to open an account with a minimum of A$100 and to place up to A$50 in order to receive ''bonus'' winnings.
 
The Tabcorp/Luxbet legal representative emphasised that group advertising was carefully and legally vetted, but that after hearing nothing back from the commission over a similar advertising issue, the group had mistakenly assumed its promotion was in compliance with regulations.
 
''They [the Commission] now take a different view of interpreting the regulations,'' he said, asking the court to accept that the breach had not been deliberate, and that in the interest of avoiding a confrontation Luxbet had entered a guilty plea.  He suggested that the court punishment consist of an order on Luxbet tomake a contribution to charity.
 
The magistrate imposed a 12-month undertaking, without conviction, to be of good behaviour and ordered Luxbet to make a A$1 200 donation and pay costs.

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Gambling News :

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

Rooster Slot Launches - “Rooster” offers 243-ways-to-win along with a big chase in the free games bonus round, where all 5-of-a-kinds are multiplied by the lucky number 5!

Scientific Games Completes DEQ Systems Corp Acquisition - Scientific Games has completed its acquisition of table games product developer DEQ Systems Corp after a deal was announced at the end of August 2016 .

Asia Gaming To Showcase Live Dealer Action - Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.

25 Unlicensed Gambling Operators still in Czech Republic - Ondracka claims that the Finance Ministry has not been "resolute" in acting against the illegal operators, who he says include major companies.

2017 Aussie Millions Event 6 - Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.

2017 Ice Totally Gaming - Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.

Prince Edward Island Writes off Casino venture as Bad Debt - The debacle has resulted in stricter financial disclosure rules being introduced with which government ministers and their departments will have to comply - especially regarding loan and other write-offs of taxpayer monies.

IGT in 7 Year Deal With Svenska Spel - #IGT , as legacy #GTECH , has been providing video lottery products and support services to the state-owned monopoly Svenska Spel since 1996, the statement reminds readers.

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