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GAMBLING IS A MAJOR MOTIVATOR OF FRAUD IN AUSTRALIA

KPMG, a respected international professional business services provider, has released details of an Australian study it has conducted that shows an increase in business fraud, and identifies gambling as a significant reason for dishonest employees to steal money from their companies.
 
Last August, the company sent out questionnaires to a representative sample of New Zealand and Australia's largest organisations across the public and private sectors seeking information about incidents of fraud in the period February 2006 to January 2008. 

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Usable responses were received from 420 organisations, with 222 577 separate incidents of fraud reported. This amounted to a "significant increase" from the previous survey in 2006.
 
The total value of fraud reported was $301.1 million and "gambling was the most common motivator", says KPMG's eighth biennial Fraud Survey.
 
"The trend is clear: Fraud continues to be a big problem for Australian and New Zealand organisations," says the report. "The worrying signs are that gambling continues to be a strong motivator for fraud, and that fraud recoveries at 11 percent have decreased substantially from the 37 percent experienced in 2006."
 
44 percent of the reported fraud was attributed to gambling - a twofold increase on the 2006 survey - followed by 'greed and lifestyle' at 37 percent. Gambling as a motive resulted in an average value per incident of $1 101 808 compared to $299 729 in 2006.
 
15 percent of the largest incidents involved some form of identity fraud, the report reveals. Non-management employees were the most likely to offend, and the most common form of identity fraud involved unauthorised use of credit cards or card numbers. Respondents reported 154 602 cases of this kind with a total value of more than $90 million.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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