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Betfred Sued By ACCC

Thursday August 14,2014 :  BET365 SUED BY AUSSIE CONSUMER BODY
 
Claims that online gambling firms failed to properly disclose bonus conditions.
 
In what seems to be a rather heavy-handed reaction to the Australian subsidiaries of UK betting group Bet365, the  Australian Competition and Consumer Commission (ACCC) has launched litigation in the Federal Court, alleging that the betting companies misled punters by offering free bets and deposit bonuses that were subject to a number of conditions not properly disclosed.
 
According to ABC News, the court filings claim that online punters had to gamble a substantial amount of money to redeem the offers, and additionally had to bet on high-risk odds, but the conditions attached to the offers were not adequately disclosed by Bet365's Aussie firms.
 
ACCC chairman Rod Sims told ABC News that consumer issues in online trading are an enforcement priority for the organisation.
 
"The online betting industry is a growing business sector," he said. "The Australian Consumer Law applies to this sector in the same way that it applies to other industries and sectors.
 
"The Consumer Law also requires that any conditions, limitations or restrictions should be made clear to the consumer before the purchase rather than after a consumer has been unfairly enticed into a transaction."
 
Sims acknowledges that Bet365 immediately took steps to amend its offers on being approached regarding the issue, which makes the Commission's decision to go to court anyway instead of being content with effecting a reversal and handing out a public reprimand to an otherwise professional and integrity-driven company, all the more surprising.
 
The case will be heard in October, with the Commission seeking corrective advertising, injunctive relief, punitive fines and its legal costs.
 
The ACCC has also launched litigation against the kitchen blender company OmniBlend for the far more serious offence of price-fixing in collaboration with a competitor.



Gambling News :

NHL Odds: Lightning go for Season Sweep Over Red Wings - The Tampa Bay Lightning (37-29-9) have been doing everything possible to make a fourth straight appearance in the Stanley Cup Playoffs. Without star centre Steven Stamkos, Nikita Kucherov (38 goals, 40 assists) and Victor Hedman (15 goals, 47 assists) have stepped up and will look to continue their strong play against the Wings. Game time is 7:30 PM ET on FS-D.

MPN Charity Poker Tournament at ICE 2017 - During what was a busy three-days for Microgaming at ICE Totally Gaming 2017, the MPN team enjoyed a charity poker tournament with Microgaming operators on Tuesday 7 February.

US$30M DUBAI WORLD CUP - Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

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