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Sportsbet under fire for promotional tactic

3/25/10 - Online gambling has attracted more unwelcome Australian media attention in a week that has already seen 888.com come under investigation for its promotional activities
 
The Sydney Morning Herald reports that Sportsbet.com.au is targeting gamblers low on funds by offering them instant credit of A$200 to induce them to spend more, amid renewed pressure to nationalise gambling laws.
 
According to the SMH report, the betting company tracks a gambler's average bet and, when the funds in the player account fall below the value of the usual punt, offers the account holder three options, including $200 in credit.
 
If they have not recovered the $200 within a week, users are expected to pay back the balance.
 
The state Minister for Gaming and Racing, Kevin Greene, condemned the practice, renewing his calls for a national approach to gaming regulation.
 
“A national approach would have to be agreed to by all the states, and it is understood the Northern Territory and Tasmania do not support the move. SportsBet is licensed in the NT where credit betting is allowed,” the SMH reports.
 
Alex Blaszczynski, director of the gambling clinic at Sydney University, told the newspaper that offering credits was ''unconscionable'' and he believed gaming companies should have a duty of care.
 
''From a moral point of view, if they're going to potentially expose problem gamblers to excessive financial problems, then I think the onus is on them to ensure that they're providing effective monitoring,'' Professor Blaszczynski said.
 
A SportsBet spokesman, Haydn Lane, said the credit facility had been offered since 2007.
 
''This option is attractive to members who wish to replenish their account balance with minimum delay and without transaction charges.''
 
Clients are also offered the chance to top up their account with their own funds, or to never have the message appear again.
 
''This service is no less ethical than other credit facilities offered by businesses, for example credit cards, however our facility is fee- and interest-free,'' Lane said.



Gambling News :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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