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VICTORIA THE LATEST AUSSIE STATE TO BAN FREE BETTING
The Australian province of Victoria will soon join fellow states New South Wales and South Australia in banning the offering of free bets to new gamblers, reports the Herald Sun newspaper this week. Legislation now before the State Parliament will make it illegal for bookmakers to offer inducements to new punters.
Free bets are offered by most corporate bookmakers, the newspaper claims, reporting that Luxbet, which is owned by Tabcorp, and Betfair have already withdrawn their free bet service. However, other major bookie firms like Centrebet, Sportingbet Australia and Sportsbet are still offering free bets.
Since the lifting of advertising restrictions late last year, corporate bookmakers have flooded the market with promotional offers, resulting in a significant rise in client numbers.
Racing Victoria chief executive Rob Hines welcomed news of the impending ban. "It's a responsible gambling issue," he said. We have always held the view that people should be very cautious in their betting."
Betfair chief executive Andrew Twaits said his company had "voluntarily" stopped offering free bets last month. "We don't believe free bets cause problem gambling, but we can see governments banning them nationwide and we believe we have some unique points of difference," he said. "We want to start focusing on them now. Ours is a strategic decision."
Twaits queried how far-reaching the legislation would be. He asked if it would preclude PubTABS and TABs offering inducements by way of free meals or happy hours to attract punters.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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