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Ladbrokes Halts Live Betting in Australia

LADBROKES TO HALT LIVE BETTING IN AUSTRALIA
 
Shutdown follows order from Northern Territory regulator.
 
It appears that the mere threat of federal government action against live betting in Australia (despite the current absence of specific legislation) has been enough to cow both the Northern Territory regulator and online gambling group Ladbrokes into submission.
 
Last week the provincial regulator warned licensees to cease offering in-play betting within 28 days (see previous InfoPowa report) and this has now been followed by an announcement from Ladbrokes that it is to withdraw such facilities from its Aussie offering by the end of this (June) month.
 
Ladbrokes is one of five overseas betting companies offering Australian punters the in-play "click to call" service, which the federal government plans to legislate against in the near future.
 
Local media reports suggest that the federal government has also put pressure on the Norfolk Island regulator where Ladbrokes is based and licensed.
 
William Hill, Sportsbet, owned by Irish giant Paddy Power, Unibet and the privately held Bet365 are expected to comply with the Northern Territory warning.
 
In a parting shot, Ladbrokes criticised the federal government for favouring home-grown gambling conglomerates Tabcorp and Tatts.
 
"They really just made their decision on who lobbied the hardest and the loudest that being Tatts and Tabcorp," said Ladbrokes Australian chief executive Dean Shannon.
 
"If you look at clients who are betting on sports around the world, theyre allowed to bet in-play. And I think in this day and age with people living through their mobiles and online, it makes a lot of sense for people to be able to still bet using the devices they use for everything else."
 
Although the federal government has warned againt in-play betting following a recent review of the Interactive Gambling Act, it has not specifically amended the Act or given any indication of a timeframe for operators to stop offering the product. Most operators have therefore continued to make the popular facility available.
 
The Australian Wagering Council, which represents most of the overseas bookmakers, said its members would comply with the law.
 
From the end June Aussie punters will have to make a specific phone call to place an in-play bet, rather than using the speed and convenience of a mobile app...or they could switch their business to offshore operators unrestricted by Aussie laws.

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Gambling News :

Pokerstars Now Lead Sponsor of Global Poker League - Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.

Betconstruch invests in Ucrafts - BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.

Plus500 Founders Selling Off Shares - Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.

Rush Golf Live Launches - Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.

British Basketball League in Deal With Perform - The British Basketball League has agreed a six-year deal with Perform, a digital sports content and media group, for the distribution and sale of all global media-related rights.

Ashley Sandyford Sykes Sharing Slot Expertise - Sandyford-Sykes has experience in the development of over a hundred popular online slot titles and led the Quickfire development team at Microgaming.

2016 WPT National Marrakech High Roller Results - Spanish poker pro Nabil Cordoso boosted his career earnings by a useful $66,873 this week when he was awarded the first prize in the PMU.fr WPT National Marrakech High Roller event in Marrakech.

GreenTube and Chopsticks In Partnership - Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.

DraftKings Investigating Collusion Complaint - The stigma of cheating has surfaced again in the daily fantasy sports sector following allegations that two players colluded in a million dollar contest at DraftKings.

Singapore Gambling Exemptions Granted - The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.

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