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Little Support Among Online Gamblers in Australia for in-play betting

Monday December 14,2015 : TATTS CHIEF CRITICAL OF ATTEMPTS TO LEGALISE IN-PLAY BETTING
 
But are Aussie punters really disinterested in this form of gambling?
 
Robbie Cooke, the CEO of gambling group Tatts in Australia started the week by assuring local media that there is very little support among Aussie punters for online in-play betting, and criticised international gambling groups pushing for the genre to be legalised.
 
Speaking to the Sydney Morning Herald, Cooke said there was little evidence that Australian gamblers are interested in in-play betting despite claims by international groups operating in Australia that failing to legalise in-play will push online punters into the arms of unlicensed offshore operators..
 
"There are no members of the community here agitating to get rid of the IGA [Interactive Gaming Act]," said Cooke. "This is completely the creation of Northern Territory-based, UK or Irish wagering companies agitating the Australian government to remove the IGA for their own profit-driven motives."
 
Cooke also questioned a statistic from the currently ongoing O'Farrell review of the IGA that over a billion Australian dollars is wagered on over 2,200 illegal offshore sites by Aussies every year, observing:
 
"Nobody has shown me any data which actually validates that number."
 
The Sydney Morning Herald notes that Paddy Power subsidiary Sportsbet told the review that if the government retains the status quo, more than A$2.2 billion will be lost offshore in lost wagering profits by 2020, representing $100 million a year in forgone tax revenue.
 
Cooke says he believes that with A$30 billion gambled in Australia annually and Northern Territory bookmakers accounting for nearly A$9 billion of bets placed, nearly all of the spend was already being counted.
 
"The suggestion there is all this money flowing offshore I think is a false premise," Cooke opined. "I think it's the big lie."
 
The Tatts chief acknowledges that his company may benefit, but doubts that there is sufficient community support to justify changes to the current laws.
 
"As a gambling operator one side of me says fantastic that's a great opportunity for growth, but do we need the community to start pushing back more on the gambling activity because if the IGA is removed you will see an increase in betting and advertising and the racing industry will be damaged."
 
The O'Farrell review is due to submit its report and recommendations to the federal government Social Services Minister Christian Porter on December 18.

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Gambling News :

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

Microgaming is set to release three exciting new games in March - Pollen Party will literally have players buzzing with excitement as the ground-breaking, 720 way variable reel online slot is brought to life in a unique honeycomb reel layout.

NBA Odds: Resurgent Clippers Face Warriors in Oakland - After a much-needed lineup shuffle, the Los Angeles Clippers (29-27 SU, 35-21 ATS) carry a four-game SU and ATS winning streak into Thursday’s game against the best team in the NBA, the Golden State Warriors (47-9 SU, 27-27-2 ATS). Tip-off is at 10:30 PM ET on TNT.

NBA Odds: New-Look Pelicans Host Rockets on Thursday - The New Orleans Pelicans just hosted the All-Star Game and saw their very own Anthony Davis win the MVP. But the celebration was brief because the next day, the Pelicans made a huge trade,

PokerStars.CZ has launched in the Czech Republic - PokerStars.CZ has launched in the Czech Republic, becoming the first licensed online casino and poker operator under the Czech Republic’s new gaming regulation. This follows on from the approval by the Czech State Supervision of Gambling and Lotteries Department.

Luckia Games in Partnership with NYX Gaming Group - NYX will provide Luckia with its open gaming system, NYX OGS, and open platform system, NYX OPS, to support the growth of its established Spanish operation.

Sunbets to Sponsor Sutton United - Online betting operator Sun Bets has inked a one-off sponsorship deal with English association football club Sutton United for its upcoming televised clash against Arsenal FC in the FA Cup fifth round tie.

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