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AUSSIE REGULATOR CLAMPS DOWN ON ILLEGAL INDUCEMENTS
Wednesday October 12, 2011 : No illegal inducements to encourage new betting accounts or customers
Regulators from the Australian State of Victoria have released a cautionary statement to bettors, warning them not to be drawn in to opening betting accounts on the basis of illegal inducements.
In the run-up to the Victorian Spring Racing Carnival at the end of this week, the Victorian Commission for Gambling and Regulation (VCGR) said: “Under Victoria’s Gambling Regulation Act it is illegal for a wagering service provider to offer any credit, voucher or reward as an inducement to open a betting account” and "VCGR inspectors will be on the lookout for breaches of gambling laws and other betting venues during the Carnival."
The regulator revealed in the statement that it had charged four wagering providers with offering illegal inducements: Betfair Limited licenced in Tasmania and Darwin-licenced sports betting providers International All Sports Limited trading as IASBet.com, SportsBet Limited and Betezy Limited.
IASBet.com is alleged to have offered up to A$1000 in free bets to new players and SportsBet for the same infringement but for lesser amounts of A$100 and A$200.
Betezy has been charged with offering a free bet of A$200 up to A$2500 as an inducement to an account holder to refer a friend, while Betfair was charged with offering customers a refund of up to A$50 on any losing bet placed during the Spring Racing Carnival. The inducement included a special Melbourne Racing Club membership offer, leather race book cover and drink voucher.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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