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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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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.
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.
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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