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Safeguards in Online Gambling best way to stop problem gamblers
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.
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.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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