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TOUGHER ONLINE GAMBLING CONTROLS IN AUSTRALIA
Wednesday, January 27, 2016 : CALLS FOR TOUGHER ONLINE GAMBLING CONTROLS IN AUSTRALIA
Editorial suggests ways in which enforcement and control can be stiffened.
Prompted by cheating in sports horror stories recently, the Sydney Morning Herald editorial column argued Tuesday that a federal regulatory regime to control the booming and competitive Australian online gambling sector is needed.
The editorial references the review of the Interactive Gaming Act helmed by former NSW premier Barry O'Farrell and comments:
"At its core, the inquiry is really about loosening regulations on the online operations of Australian gambling houses. More specifically, whether Australian betting companies should be permitted to accept "in-play" bets online during live games, currently banned under the legislation but extremely popular with punters. Gambling on sporting events that are under way is only permitted at TABs or by telephone.
"But offshore online betting houses are outside the jurisdiction of Australia's Interactive Gambling Act and can accept such bets from Australians."
The piece notes that there is a sense that the review has been "captured by vested interests" and that governments, sporting organisations and media companies remain major beneficiaries of the revenue and advertising generated by sports wagering.
It claims that Aussie gamblers are among the most avid in the world, and annually lose A$21 billion, with A$4.6 billion a year spent on sports betting - A$2.75 billion of it online.
The editorial suggests that if in-play betting is allowed to continue, it should be the subject of far tighter regulation, and offers a few ideas on how this might be achieved:
* Federal government regulation (instead of individual provinces) to ensure that the industry is fairly and evenly taxed and unlicensed operators are excluded;
* To curb match-fixing at grass roots, a limit on the range of micro-bets and the kinds of sporting events that can attract betting. For example, junior tennis matches and suburban football tournaments should no longer be subject to betting;
* Advertising for gambling should be restricted to programs after 8.30pm and punters prevented from betting on credit. Gamblers should be required to nominate the amount they are prepared to lose;
* Strict enforcement action against unlicensed offshore operators, including financial transaction restrictions and ISP blocking.
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.
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