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BETFAIR COURT DECISION FREES UP OZ SPORTSBETTING
Online sportsbetting companies in New South Wales, Australia will be encouraged by the news this week that the successful Betfair case against the Western Australian government in March 2008 is contributing to a general freeing up of the promotional market in Australia.
The Sydney Morning Herald reports that NSW online bookies have been contacted by the NSW office of Liquor Racing and Gaming with the information that the government would comply with the ruling of the High Court in the Betfair case earlier this year.
In the ruling the judiciary declared the prohibitive legislation stopping bookies from promoting and advertising in the territory was outdated and constituted a restraint of trade, opening the way for bookies in other states to open up the market.
While Betfair and fellow corporate bookmaker, Sportingbet, combined to take the running and jointly challenge Sections 29 and 30 of the Racing Administration Act in the Federal Court, Centrebet was the first to take advantage of the new situation.
The LRG communication advised recipients that enforcement actions are on hold, advising: "The High Court judgment in Betfair versus State of Western Australia has raised constitutional issues over the validity of Section 30 in its application to interstate wagering operators. Until these issues are resolved, this office will not be initiating any prosecution action under Section 30 for advertising by or on behalf of a wagering operator licensed in an Australian jurisdiction. Should this position change, appropriate warnings will be given to wagering operators and publishers."
The laws referred to in the Betfair-WA judgement protected state-owned gambling companies. Following the ruling, the gambling group Tabcorp successfully applied for a Northern Territory online betting licence that will enable it to commpete with several established online betting companies, among them Centrebet
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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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