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Gambling: Some Aussie pokie games Illegal

8/31/09 - One of Australia's favourite gambling vehicles - poker machine games commonly referred to as 'pokies' - are at the centre of a new row building Downunder.
Eight of the 134 games approved since December 2007 have a level of volatility which is higher than that recommended by the Australia/New Zealand Gaming Machine National Standard, but their identities remain secret, reports the Aussie news site

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The Australia/New Zealand Gaming Machine National Standard recommends the nominal standard deviation of a game be no more than 15, yet the eight machines exposed through Freedom of Information Act disclosures are alleged to have volatilities in excess of this number.
While all poker machine games must have a return to player of at least 87.5 percent, games with a low volatility pay out a larger number of small prizes. However, highly volatile games pay out a smaller number of large prizes.
The disclosures have been exacerbated by a bar on identifying the games because the information is deemed to be "commercially sensitive".
Independent MP Kris Hanna told that the excessively volatile games were cheating punters. "While some receive higher jackpots, there is less return to players in between payouts," he said.
"The machines are already addictive enough without extra tricks. Gamblers should be told which games pay out less frequently."
However, Independent Gambling Authority director Robert Chappell said he was not concerned about the claims because the regulation was a guideline.
"This particular fact doesn't concern me," he said.
"It's a welcome development that the regulators have put limits on volatility because it enables us to be better assured games will resolve at their true return to player."
Australian Hotels Association SA general manager Ian Horne said if Chappell wasn't concerned, then no one should be.
"If the independent regulator has no concerns and they are qualified in this material, why would Kris Hanna have any concerns other than to cause mischief," he said.
"We have total confidence in the integrity of the approval system and anyone who suggests there is some manipulation here is being deliberately provocative for political gain."

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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.”

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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.

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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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