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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 :

Jack Lam on the Run - "Our records also showed Lam arrived in Manila last Nov. 25 aboard a China Airlines flight from Taipei, she said, observing that there was no record of any return to the Philippines since his departure.

Golden Jungle Slot - IGT is about to launch online its popular land casino slot Golden Jungle, adding yet another jungle-and-temple themed game to the dozens already available to internet and mobile punters.

Philippines president Orders Arrest of Jack Lam casino magnate - Rodrigo Duterte, the shoot-from-the-hip Philippines president, has intervened in the fast-moving bribery scandal involving his Justice Secretary Vitaliano Aguirre, Pagcor chief Andrea Domingo and Macau-based casino magnate Jack Lam

South Africa Going After Illegal Gambling - In South Africa a combined national police and federal enforcement initiative has shuttered 19 illegal gambling venues across the provinces of Northern Cape and North West.

The Winning Express arbitrage sports betting scheme - A UK-based GBP 27 million arbitrage sports betting scheme, The Winning Express, has collapsed, leaving a thousand investors with concerns that their money is lost, according to a BBC report over the weekend.

Global Poker League Championship Results - #gpl The inaugural season of the Global Poker League Championship played out this week with the Montreal Nationals besting the Berlin Bears across 11 games to claim the $100,000 main prize.

Yahoo DFS Gets Uk License - #yahoo Industry observers point out that Yahoo has thus far carried out little in the way of major marketing on DFS in its US endeavors, unlike rivals DraftKings and FanDuel, and they expect it to follow a similar path in the Britain.

SPANISH GAMBLING MARKET CONTINUES TO GROW - Spain's gambling industry continued to advance in 2015 with growth in most sectors, according to the latest research report from the Codere - University of Madrid Institute for Policy and Governance collaboration released this week.

Novomatic Acquires Albanian National Lottery - #Novomatic The Austrian gaming technology group Novomatic has issued a statement confirming that it has completed the final required steps for the successful acquisition of the Albanian National Lottery.

2016 Massachusetts Gaming Commission Report - Industry journalist Steve Ruddock picked up on some interesting statistics from the latest annual report of the Massachusetts Gaming Commission released this week, flagging the current results from its on-going monitoring research of the state gambling market.

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