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Tabcorp Supports Aussie Interactive Gambling Act

Tuesday May 29, 2012 : TABCORP QUICK TO SUPPORT AUSSIE REVIEW ON INTERACTIVE GAMBLING ACT (Update)
 
Gambling giant does not appear to relish competition....
 
Australian gambling giant Tabcorp Holdings Limited has been quick to voice an opinion on the federal government's review of the Interactive Gambling Act and the recommendations outlined in the Interim Report released by the Department of Broadband, Communications and the Digital Economy (DBCDE).
 
In a public statement, the company said it has long favoured a review because "...the growth of online technologies has meant the Act is not fulfilling its intended purposes. Specifically, a number of gambling operators offer online services to Australian customers in contravention of the Act, without consequence."
 
The statement continues: "Tabcorp reiterates its support for an online gambling framework that creates a level playing field for wagering operators, minimises harm and maintains consumer confidence in the gambling industry.
 
Core to Tabcorp’s position is the creation of a well regulated online gambling environment, with nationally consistent rules which are enforced."
 
The company notes in response to the Interim Report’s findings:
 
• Tabcorp supports efforts to strengthen sanctions against illegal online gambling operators, including the provision of more forceful warnings to consumers. To succeed, these measures will require vigilance by authorities, resourcing from government and regular review to keep pace with technological change. The measures proposed should go some way to ensuring that contravening operators are more likely to comply with the Act’s requirements and are sanctioned when they are breached.
 
• The deregulation of certain online gambling activities, such as live betting on sports events and tournament poker, would enable Australians who wish to participate in such activities to bet with reputable Australian operators, rather than force them to bet with contravening offshore or local operators.
 
• Tabcorp supports the development of national minimum standards for harm minimisation. This would create a framework for the appropriate delivery of online gambling, noting the differences for customer care between online and land-based gambling activity. Standards should address responsible gambling messaging, credit betting, inducements, marketing, self-exclusion and requirements for arrangements with sports controlling bodies.



Gambling News :

MPN Poker Tour Malta Day 1A - The MPN Poker Tour has returned to Casino Malta this week, with a €150,000 guaranteed €500 + €50 Main Event running alongside a full complement of side events, parties and activities.

€8 million mobile jackpot win on Mega Moolah - Mega Moolah was hit on Tuesday 25 April 2017 by a Tipico player playing on their mobile device, just over a month after a €6.6 million jackpot was collected in March. The pay-out of €8,012,153.35 is the largest mobile jackpot win in history, superseding Microgaming’s pay-out in August 2016 of €7,968,311.26.

NHL Odds: Young Oilers Face Veteran Ducks in Round Two - Game Two in Anaheim (10:30 PM ET on NBCSN) features the first and second ranked teams in the Pacific Division during the regular season, with only two points separating them. The Oilers edged the Ducks 3-2 in regular season games, outscoring them by a slim 14-12 margin. This series will be close, and Game Two will decide who has the edge heading back to Edmonton.

BitStarz Casino pays out nearly $100,000 over 2 days - They say lightning doesn’t strike in the same place twice, but it did at BitStarz as yet another player lands a massive payout on an Amatic slot!

Americas Card Room Online Super Series Starts Now - The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).

New Quick Seat feature at Ignition Poker - New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.

Finnish people prefer the government to run the casinos - Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.

New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

Caesar’s Triumph Slot Launches - Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.

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