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6/24/10 - The Australian government’s Productivity Commission recommendations are unlikely to be well received by the gambling groups Tatts and Tabcorp, which have exclusive retail wagering licences in some Australian states (provinces).
 
The Age newspaper reports that the recommendations of the Commission place renewed pressure on the gambling companies, because it urges state governments to scrap their exclusive retail wagering licences and open up betting markets to greater competition.
 
Most of the duopoly’s licenses expire between 2012 and 2016, and the Commission recommends that state governments do not renew them exclusively as this is a ''rare privilege'', unfair to punters and no longer justifiable.
 
The Age notes that Tatts Group, through UniTAB, earns A$130 million before tax through its retail wagering licences in Queensland, the Northern Territory and South Australia, whilst Tabcorp holds the licence in Victoria until 2012 and in NSW until 2013, delivering pre-tax earnings last year of A$252 million.
 
If the companies look on the bright side, ending their dominance in some states could open up opportunities for them in others in a truly free market.
 
The newspaper reports that the Commission’s recommendations come as the industry awaits the outcome of charges against a South Melbourne pub, the Rising Sun Hotel, and the owner of an internet kiosk installed there, VenueNet, which offered online access to Darwin-based bookmaker Sportsbet.
 
The Victorian Commission for Gambling Regulation is prosecuting VenueNet for possessing an unauthorised instrument of betting and helping the pub run a betting house with the unauthorised kiosk after a complaint from Tabcorp .
 
A spokeswoman for Victorian Gaming Minister Tony Robinson said yesterday that despite the Commission's recommendation, the [state] government would continue with its tender of the new retail wagering licence for beyond 2012.
 
''We're not going to back away from the parameters of the current wagering licence, which is exclusive,'' she said.
 
This is the second of the Commission’s recommendations that appear to have been rejected out of hand; earlier this week the Australian federal government’s Community Minister, Jenny Macklin, said that the federal government will not support any moves to liberalise online gambling laws in the country as recommended by the Commission.

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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