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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.



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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.

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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.

NHL Predators First Ever Conference Finals Appearance - With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.

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