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POLITICS AND SPORTS BETTING DOWNUNDER
Wednesday June 13, 2012 : POLITICS AND SPORTS BETTING DOWNUNDER
The Green Party in Australia in drive against online betting on club football
The burgeoning business of online betting on football, and the admission by several Australian football clubs that they did not have policies in place to handle gambling and possible corruption of the sport, has attracted the attention of the politicians Downunder.
The Age newspaper reports that the Green Party has launched an initiative to ban online betting on local football matches, justifying prohibition on grounds that sports will be corrupted.
Greens gambling spokesman Richard Di Natale, a former footballer himself, told The Age the party would use the recently released review of the Interactive Gambling Act to push for a ban on local football gambling.
''It's difficult enough for the AFL with its immense resources to pick up bets from players who stand to gain from insider knowledge, but suburban footy leagues stand little or no chance,'' he told The Age.
The newspaper notes that Australia's biggest sports betting operator, TAB Sportsbet, has warned that if left unregulated, betting on suburban football presented a serious risk to the sport. The company takes bets on AFL and VFL matches, but not local games.
Company spokesman Craig Nugent said betting on competitions involving small clubs that had no processes in place to ensure the integrity of the sport was dangerous.
A spokeswoman for Sports Minister Kate Lundy said the government was committed to working collaboratively with sports to ensure online betting was regulated, and that there was appropriate protection to preserve the integrity of sport.
''This type of betting concerns the government and we will be looking into it further,'' she said.
Federal Liberal MP Alan Tudge, who is a member of the coalition federal government's gambling taskforce, said the industry was moving so fast that codes and policies were struggling to keep up.
''At the very least, players or someone acting on their behalf shouldn't be allowed to place bets,'' he opined.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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