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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 :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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