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Fresh review of Australia's Interactive Gambling Act
Tuesday September 01,2015 : FRESH REVIEW OF AUSSIE INTERACTIVE GAMING ACT ORDERED
Legislation is out of date and too ambiguous.
Australia's federal Social Services Minister Scott Morrison is controlling a fresh review of Australia's Interactive Gambling Act, which is widely seen to be ambiguous and outdated by current technological and commercial standards, notably the rise of mobile gambling and the entry into the Australian gambling market of large European online sports betting groups.
Morrison wants the review of the 2001 legislation to include input from gaming operators, betting agencies and gambling help authorities, with recommendations prepared for government consideration by the end of 2015, the Sydney Morning Herald reports, noting that the review is likely to ignite existing tensions within the wagering industry over the different approaches companies are taking to new digital technologies.
The review will include an examination of laws around online casino betting, currently illegal but openly available to Aussie internet and mobile punters from offshore online gambling operators.
Two years ago a similar review recommended that online in-play betting on the outcome of a sports fixture be permitted, but that was not acted upon.
In-play betting will almost certainly again be on the agenda; William Hill and Bet365 have been offering the controversial in-play betting system for several months, allowing punters to bet live on sports via their smart phones.
Punters in Australia can bet on the outcome of an event after it has begun, but only via the telephone or in person. Such 'in-play' betting is outlawed on online platforms, including smartphones, but the betting companies claim that, as long as the player keeps the smart phone microphone on, it complies with the law.
The Australian Wagering Council is in favour of online in-play betting, arguing that it is necessary so that Aussie operators can compete with hundreds of illegal offshore sports betting operators.
Our readers will recall the furore earlier this year when the Australian Communications and Media Authority asked the Australian Federal Police to investigate the legality of the in-play offers from Bet365, William Hill and Ladbrokes; the latter subsequently withdrew its product.
The influential Tabcorp Group says that in-play betting on smartphones is illegal, and it is not offering such a product.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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