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Australian Lawmakers Prepped on Internet Gambling

AUSSIE PARLIAMENTARIANS BRIEFED ON GOVERNMENT'S INTERNET GAMBLING INTENTIONS (Update)
 
Human Services Minister Alan Tudge preps lawmakers on upcoming announcement.
 
The Australian federal government's reaction to the O'Farrell review of online gambling was briefed to parliamentarians by Human Services Minister Alan Tudge Wednesday as predicted by The Australian newspaper (see previous InfoPowa report), and the future will apparently offer some challenges to corporate bookmakers like William Hill, Ladbrokes and Bet365 who have been prospering from workarounds on in-play betting.
 
Minister Tudge gave legislators a preview of the upcoming announcement by the government on its intentions following the O'Farrell recommendations, revealing that there will be a moratorium on in-play betting until at the very least the forthcoming national elections have been completed, when the issue will be re-visited.
 
Reports from the briefing suggest that back-benchers were broadly supportive of the government's strategy on the issue.
 
The minister also confirmed earlier predictions by The Australian that online bookies will no longer be permitted to offer punters credit, and the introduction of tougher enforcement on unlicensed offshore internet operators accessing Aussie gamblers, which may include ISP and financial transaction blocking.
 
The newspaper points out that domestic bookmakers Tatts, Tabcorp, pubs and clubs and the racing industry have been lobbying for such changes for competitive reasons and will welcome the government's plan, but foreign-owned corporate bookmakers will feel some financial pain from the restrictions.
 
Government's timing and the moratorium appear to be politically motivated; by deferring the final decision until after the election, the government has "shielded itself from marginal seat campaigns from pubs and clubs and other opponents of in-play betting and has also robbed anti-gambling campaigner and independent senator Nick Xenophon of a stick to beat it with."
 
Minister Tudge revealed that the government is taking a three-stage approach to gambling reform, starting with consumer protection measures such as a nation-wide self-exclusion system and laws governing bonuses and inducements to gambling, then tackling offshore bookmakers, and finally deciding the issue of in-play betting.
 
The Australian reports that the government's intention is to amend the Interactive Gaming Act 2001 to clarify that foreign unlicensed online operators may not take bets from Australian residents. The Australian Media and Communications Authority, will be given additional powers to enforce the amendments.
 
"If the government’s measures work, revenue would flow back to the licensed Australian players, including Tabcorp and Tatts, which are paying more than $1bn a year in state wagering taxes and product fees while their online rivals are exempt from wagering taxes and pay tens of millions in product fees," the newspaper observes.
 
The government's wider intentions apparently include the harmonisation of betting laws in consultation with the provinces. One area the government will not be immediately addressing is the ubiquitous advertising and marketing by gambling companies, which was not included in the O'Farrell review mandate.

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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.

Loss Recovery Act has again been defeated in a class action lawsuit - #gameofwar Illinois notorious Loss Recovery Act has again been defeated in a class action lawsuit...this one emanating from in-game activity on a mobile social gaming video game.

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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