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CONTROVERSY OVER BETFAIR RENEWAL IN TASMANIA CONTINUES

10/12/09 - Befair's licensing renewals in the Australian state of Tasmania continue to generate heated debate as the international betting company's Australasian division negotiates its next kicensing period.

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Betfair's first licence was a groundbreaking Aussie state move back in 2006, an arrangement that is due to expire in April 2011, hence the negotiations now being negotiated.  The betting company is reportedly concerned it no longer has a "level playing field" following the government's recent decision to replace taxes for corporate bookmakers with a flat fee of $256 000 a year.
 
Last week Betfair's regional chief exec, Andrew Twaits, was reported as saying that the Tasmanian operations have still to grow, and the imposition of new tax burdens will have a significant impact on the company's business plans in the state which may cause it to look at alternative arrangements.
 
Twaits said the proposed flat fee contrasted with the 15 percent of gross revenue, plus GST, that his company paid as tax in the state under its present licensing agreement.
 
"In terms of total (Betfair) contribution to Tassie, it's at least $20 million in the past three-and-a-half years, including the product fee to industry and probably A$7 million to A$8 million in tax," he said.
 
Twaits told the Australian newspaper The Age that Betfair wanted legislative change to ensure it was treated equally with the online bookmakers Tasmania is hoping to lure from the Northern Territory.
 
"We are an online operation, just as the bookmakers are; we have a non-exclusive licence, just like the government is offering to the bookmakers - there is really no difference," he said. "They are direct competitors of ours. So I'm not sure why the tax should be any different."
 
Betfair's Hobart base in Tasmania employs 120 staff, the newspaper reported.
 
The government remained optimistic that the negotiations would be fruitful, however.
 
Treasurer Michael Aird told The Age that he was confident an agreement on a new post-2011 licence would be concluded by year's end.
 
"There's a bit of an exaggeration going on about Betfair leaving the state - all indications from Betfair are that they want to stay here," the politician said.
 
"We want to protect the jobs at Betfair, and we think they have provided a very good skill base in terms of data storage and transfer, and that they have been very good corporate citizens. I'm confident we will be able to get an agreement with them."
 
Despite initial widespread opposition to Betfair being licensed in Tasmania, its presence now has bipartisan support, The Age reports



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International Table Tennis Federation in deal with Sportradar. - The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.

NBA odds on Thunder vs. Pacers Game? - This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

Microgame S.p.A. in deal with Prima Networks - Prima Networks, powered by Microgaming, has signed a deal with Microgame S.p.A., the leading Italian gaming service provider.

NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

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