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GAMBLING DUOPOLY SHOULD GO, SAYS COMMISSION

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.



Gambling News :

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

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