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Betting On Politics
Posted 5/30/11 :
Aussie senator's new bill designed partly to discourage wagering on political outcomes
Australia's vehemently anti-gambling independent politician, Nick Xenophon, says that his new anti-micro gambling measure is at least partly designed to counter political wagering on Australian elections.
In an interview with ABC TV reported Sunday, the senator warned that gambling has the potential to corrupt the political process.
Australia is currently being wracked by political manouevring on gambling clampdowns mainly associated with land activity but spilling over into promotional elements on the pastime (see previous InfoPowa reports).
The federal government is dependent on the support of independent politicians who are leveraging the situation to press initiatives that could have a serious impact on the bottom line of gambling companies.
Xenophon said he plans to introduce a bill into Parliament designed to prevent the corruption which could occur when political staffers with inside knowledge place bets on electoral outcomes such as election results in a particular seat.
''I think micro-betting gives macro opportunity for corruption,'' he told the television station. ''And I think at the last election there was speculation that some party insiders were betting against their own party. And if they are privy to information, confidential information, polling, if they know what's about to break, that could influence the odds.
''And I think that we need to clamp down on micro-betting because the potential for harm, the potential for corrupting outcomes is just enormous.''
Gambling News :
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With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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