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Tabcorp Wants Action Taken Agaist Unlicensed Gambling Operators
Tuesday October 29,2014 : AUSSIE BETTING EXEC APPEALS FOR ACTION AGAINST UNLICENSED OPERATORS
Tabcorp chief also seeks taxation harmony across Australia's provinces.
Paula Dwyer, CEO of Australian betting giant Tabcorp told investors this week that the company is currently in talks with the Australian national government through which it hopes access to offshore internet gambling operators will be blocked.
Dwyer says this is necessary to shield Aussie consumers, protect tax revenues and the integrity of sports events, and halt the flow of wagering money out of Australia,
"There are estimates that as much as 14 percent of betting by Australian-based customers is conducted with operators who are not licensed in Australia,” Dwyer told shareholders at the $3 billion company's annual general meeting.
The flow of money to foreign bookies is risking the integrity of sport and siphoning revenue that should be returned to the community and racing industry, she claimed.
Dwyer said there were precedents for government action against foreign online gambling operators, giving as examples French enforcement actions and quoting similar arrangements that will come into force in Britain next week.
"Tabcorp's view is that a similarly powerful response is needed in Australia, and we are in active dialogue with the Federal Government on this issue," she revealed.
The contentious matter of ISP blocking has been raised before by previous Australian federal governments and caused uproar with freedom of the internet activists and opponents of government censorship
William Hill Australia chief executive Tom Waterhouse recently voiced fears that in-play betting offered by offshore internet gambling sites are a competitive threat because under Australian law in-play betting is allowed via telephone or in person, but not over the internet.
Dwyer is also campaigning for more tax harmonisation across Australia's provinces, saying that operators who base themselves out of the Northern Territory or Norfolk Island are able to exceed the payouts Tabcorp can offer because they pay less tax and racing contributions.
"[This is] because they are licensed in regimes ... where different requirements enable them to return significantly less to the racing industry than the TABs," she said.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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