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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."

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Gambling News :

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

Novomatic has announced a legal action against Euro Games Technology - Online and land gambling equipment and games provider Novomatic has announced a legal action against Euro Games Technology Ltd., which it claims has unfairly created imitations of its slot games.

Starcraft ProLeague SHutting Down after 14 Years - Announcing the end of the road for the League, once pre-eminent in Asian eSports gaming, the Korean Esports Association blamed ethical scandals and competition for its decline in popularity.

Team Hot Launches - #teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.

Netent Q3-2016 Earnings Report - #netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.

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