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BETFAIR CHALLENGES AUSSIE OPERATORS ON RESPONSIBLE GAMBLING

Betfair Australia's feisty CEO, Andrew Twaits responded to recent criticism of online gambling sign up bonuses  with a challenge of his own this week - the government should make it compulsory to do more in the responsible gambling milieu by requiring operators to offer gamblers a facility to pre-set their spending limits.
 
Twaits refuted recent claims by anti-online gambling activists and politicians that bonus offers fuelled problem gambling, the newspaper The Courier Mail reported.
 
"The offering of free bets is ... no different to pokie venues offering $3 roast meals to get people in the door or the local TAB offering free pizzas to get people in," Twaits said, giving an alternative view that problem gambling can

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instead be linked to the unlimited anonymous betting offered by pokies venues, TABs and some online agencies.
 
"I think one of the real dangers with cash-based betting is that the wagering operator has no way of knowing who's betting with them and whether that person is betting beyond what they want to spend," Betfair's Australian head man opined.
 
"We'd be advocating that everything should be account-based, that all operators should allow customers to set loss limits."
 
Twaits said Betfair invited customers to set daily, weekly and monthly loss limits, which could only be changed after a seven-day cooling-off. All operators - including pokies venues, TABs and online agencies - should offer similar controls as a condition of their licence, he said.
 
The call won immediate support from Relationships Australia's gambling help program leader Noel Condie.
 
"I'm totally in favour of it," Condie said. "We would like to see some sort of effective measure to help people to pre-commit (to a limit) before they gamble. It would give the gambler more control."
 
However, Condie disputed Betfair's claim that the offer of "free" bets of up to $1 000 did not contribute to problem gambling.
 
Queensland Treasurer Andrew Fraser was also opposed to "free" bets, but said Queensland alone could not ban the practice since the High Court last year cleared the way for online betting agencies to operate across state borders.
 
"What we need here is a co-ordinated national approach," Fraser said. "That's the only way we are going to be able to deal with this."
 
Betfair was also in the news this week with its investigation into what could be another tennis online betting scandal.  The company's advanced technology that enables it to minutely analyse betting patterns is a powerful weapon in the drive to eliminate corruption from gambling on tennis matches, and is deployed in suspicious cases.
 
In the latest incident, Betfair is examining bets associated with a tennis match in Zagreb over the weekend. Betting websites have claimed "an in-the-run coup appears to have been landed" after Croat Antonio Veic upset Argentine Guillermo Canas. The wildcard, ranked 255th in the world, beat Canas 4-6 6-4 6-2.
 
Canas opened as a 1.11 favourite pre-match with Betfair. But, after winning the first set, Canas drifted to $7.00. At the same time, Veic shortened from $7.40 to $1.10 as suggestions emerged Canas may have had an arm injury.
 
"We are aware of the speculation surrounding the betting patterns on this match," a statement from Betfair advised. "This market will remain suspended pending internal investigation."



Gambling News :

NBA Odds: Warriors Big Favorites to Beat Cleveland - The Warriors didn’t take last year’s NBA Finals collapse lying down. They added Kevin Durant to the starting rotation; Durant is +220 to win this year’s Finals MVP award, while Cleveland superstar LeBron James is all by himself – also at +220. Kyrie Irving is the next closest Cavalier at +1000.

$400k Winner at Bodog Casino - To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.

NBA : Warriors Win the West; NBA Finals Next - The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.

Iforium In Partnership With Booming Games - Iforium, the leading provider of casino aggregation software, are pleased to announce a new agreement with Booming Games

PartyPoker Rakebak - Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.

NHL Odds: Lone Canadian Team Plays on Friday - “Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.

NBA Odds: Will Cavaliers Be Rusty in Game 1? - The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.

4 New Microgaming Releases in May 2017 - Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.

PKR Company Statement Update - Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.

Microgaming Wins The Spark Award 2017 - The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.

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