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Tabcorp Wants Foreign Online Casinos Restricted
Friday August 9, 2013 : TABCORP CALLS FOR MORE RESTRICTIONS ON FOREIGN ONLINE GAMBLING OPERATORS
''An offshore operator should not be allowed to take an Australian resident bet,'' says CEO Attenborough
Speaking to analysts and media following the release of Tabcorp's latest results Friday, CEO David Attenborough urged the Australian government to impose restrictions on offshore internet gambling operators marketing online gaming to Australians.
''An offshore operator should not be allowed to take an Australian resident bet,'' he said, according to a report in BusinessDay.
''Some countries around the world have dealt with this by just making it illegal for an [offshore] gambling company or operator to take bets from their citizens. France has instituted that, so now we don't take any French bets.''
Attenborough's digital division did well last year, but company profits weakened, which may be the cause for the sensitivity around foreign operators.
The company already faces some formidable opposition in the Aussie online gambling market, with Bet365, Paddy Power and William Hill-Sportingbet-Waterhouse all active and expanding.
The Sydney Morning Herald reported that William Hill chief executive Ralph Topping - currently in Australia to seal the Waterhouse deal (see previous InfoPowa reports) - had his own view on Tabcorp, calling it a ''comfortable monopoly''.
''We are keen to take on comfortable monopolies,'' Topping said with typical forthrightness. ''I don't think they have a place in the modern world. Monopolies often mean weak management, weak performance.''
Nevertheless, Topping reportedly backed the call for tighter regulation of offshore gambling, saying: ''You have a situation where Australians are betting overseas with underground operations on the internet. That is not good for the consumer.''
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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