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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.
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Gambling News :
Anti Gambling bill S. 3376 -
#s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.
2016 WPT Borgata Main Event Results -
@MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.
G-Sports debuts with the game Road Redemption -
#esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.
French licensed gambling operators lost $5M in 2015 -
#france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.
NO PRIVATISATION FOR ONTARIO LOTTERY -
The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.
Space Invaders wins Best Slot Product Award -
The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.
NEW MARKETING CAMPAIGN FROM LADBROKES -
The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.
Gamesys acquires Snowcat Games -
London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.
BetConstruct adds virtual sports products -
The Golden Race package includes premium virtual content including; football, tennis, Real MMA Fighting, horse and greyhound racing, along with lotto and keno games content.
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