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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 :

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - 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.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

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.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

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