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12/13/09 - Betfair's Aussie chief executive, Andrew Twaits, spoke up for online gambling this week in giving testimony before the Australian Productivity Commission in Melbourne.

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Addressing the subject of problem gambling, Twaits said: ''I think what we as an industry need to do is to provide the safest platform that we possibly can. Having the right sort of safeguards in terms of loss limits and deposit limits is the best way of preventing problem gambling.''
 
Twaits was upfront with the Commission, saying that while he supported a liberalisation of online gaming laws, ''I can't sit here and tell you there won't be more problem gamblers created through online gaming or online wagering."
 
The Commission is tasked by the Australian government with investigating gambling in the country, and in October this year made headlines by recommending that the federal government ''initiate a process for the managed liberalisation of online gaming'' .
 
''Whilst it is probable that this ban [on internet gambling operators] reduced the growth of online gaming, it is clear that international sites are being increasingly accessed and the Australian ban has limited utility,'' the commission's draft report found.
 
It is not illegal for consumers to access and use internet casino gaming products in Australia, but it is illegal for an operator to offer them to Australian customers. Online wagering on horse races and sports betting is not restricted.
 
It has been estimated that Australians already spend A$790 million a year on overseas gaming sites.
 
''Clearly the vast majority of consumers want to engage, or they are engaging, in poker in pubs and clubs … this [Internet gambling] is just another channel of distribution,'' said Twaits.



Gambling News :

Oink Country Love Slot Launches - Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

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