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Sen. Nick Xenophon Wants Action Against Betting operators
Wednesday September 2,2015 : AUSSIE ANTI-ONLINE GAMBLING CRUSADER CLIMBS ON THE 'IN-PLAY' BANDWAGON
Xenophon urges federal government to take action on internet and mobile sports betting operators.
Australia's perennial anti-online gambling crusader Sen. Nick Xenophon was quick to take advantage of Social Services Minister Scott Morrison's call for a fresh review of the Interactive Gambling Act of 2001 , quickly scoring several media interviews on the topic Wednesday.
He urged the federal government to ban gambling advertising during live sport broadcasts and restrict a controversial online betting ‘in-play’ loophole as part of the review, and claimed that he is currently drafting legislation to be introduced next month which will include provisions to ban live sports gambling ads, restrict in-play betting and end both credit gambling and incentives to punters currently offered by bookmakers.
Xenophon wants to go further than that, however, and also raised the possibility of interference in financial transactions between punters and illegal online gambling operators, saying that A$1 billion is lost on illegal sports betting and casino websites annually.
In related news, statistics from industry researcher H2 Gambling Capital shows that Australians are the developed world's biggest gamblers with a per capita average annual spend of A$1,279...that's somewhat lower than the figure in government research estimates from the Productivity Commission in 2010, which set the figure at A$1,500.
That review found there was an overall net benefit (through taxes and entertainment) to the economy from gambling of between $3.7 billion and $11.1 billion a year.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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