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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 :

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republicís new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

Time is Money Slot Launches - Set to a catchy tune, Time is Money offers a free spins bonus where all wins are multiplied by up to x12 by a random multiplier, selected from the time traveling clock.

ArenaCube Signs 3 New Deals - Under their strategic partnership, ArenaCube and Kiron will develop and launch a new version of Arena Challenge in 2017. The new version of the game will carry Kironís virtual content.

First Woman to Win a WPT Playground Championship - Besting a field of 380, in the C$3,500 buy-in event, Zajmovic beat Jean-Francois Bouchard in heads up play, pocketed the C$261,000 first prize and a seat in the season ending WPT Tournament of Champions.

NHL Odds: Oilers-Blackhawks at the United Cente - Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.

2017 Partypoker.net WPT Playground main event Results - Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.

IGT In Deal With Norsk Tipping - International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.

ZYNGA POKER ENJOYS IMPRESSIVE GROWTH IN 2016 - By re-focusing on the mobile environment and poker, social gaming giant generates revenue of $741 million - without offering real money games!

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