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WEST AUSTRALIAN GOVERNMENT MAY ACT ON INTERNET GAMBLING

Friday July 1,2011 : If national government doesn’t strengthen oversight, state government may decide to do so
 
The newspaper The West Australian reports that the state government has indicated it may support the regulation of Australian internet gambling if the federal government cannot tighten oversight and enforcement of current laws.
 
In a submission to a federal parliamentary inquiry into gambling, the Western Australian Department of Gaming, Racing and Liquor said flaws in the Interactive Gambling Act were undermining the state's tough controls on betting.
 
Under the Act, it is illegal for websites to offer real money casino and poker games to Australian residents but The West Australian claimed Thursday that not one company had been prosecuted for a breach in the 10 years since the ban was enacted.
 
The department's submission said while the Act had successfully stopped Australian operators from launching websites and services to local punters, it was ineffective because it was too easy for players to access foreign websites.
 
With the federal government presently reviewing the Act, the department said if there was no practical option to improve its effectiveness, it would support regulating online gaming to Australians, subject to strict controls.
 
However, any Western Australian support would also be conditional on allowing individual states to "opt out" and ban operators from letting residents of that jurisdiction gamble online.

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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