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Betfair Wants More ID Verification From Gamblers
The Sydney Morning Herald reports that online gambling group Betfair has suggested to the Australian Productivity Commission enquiring into gambling that strictly limited access to public records such as motor vehicle registries, births, deaths and marriages data and passport information could be an effective way for betting companies to verify ID on players. The general concept is not new - in Europe verification firms like UHU link with limited public information to effect the same purpose.
Betfair's records of customers and sophisticated tracking technology have been instrumental in exposing several betting frauds in recent times. Betfair's submission points out that the betting firm "...provides significant advantages in controlling and detecting attempts to launder money or to engage in deceptive conduct and it allows for more effective programs for responsible gambling".
Betfair recommended that "...wagering operators should be given restricted access to identity databases such as Medicare records, motor vehicle registries, passport information and births, deaths and marriages registries for the purposes of verifying the identity of customers in accordance with federal legislative requirements". It said in its submission that "Betfair has a strict requirement that every customer verify his or her identity" and that "every bet placed on Betfair can be tracked to a particular customer".
The commission, which is sure to focus on online gambling and poker machines, is set to report at the end of the year.
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Gambling News :
Local Florida Poker Pros Scam Marc Klang For $500k -
Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.
Super Multitimes Progressive HD Slot -
This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.
2017 Aussie Milliona Updates Events 2,3,4 -
Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.
Juventus name VWin as Partner -
“We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.
Luckia Group 2016 Results -
The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.
Fire Rooster Slot Launches -
This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.
n2-Live Updates -
The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”
Betfred FY 2016 -
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.
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