Distinction made between micro-betting and in-play wagering


Wednesday May 30, 2012 :  MORE DETAIL ON AUSSIE ONLINE GAMBLING REVIEW (Update)
 
Distinction made between micro-betting and in-play wagering
 
The conversation Downunder on the federal government's proposals following a review of the Interactive Gambling Act  deepened Tuesday, with the following points emerging:
 
* Online poker tournaments and live sports betting online could be legalised, but not micro-betting where punters wager on individual events within a game.
 
* The government's intent appears to be to liberalise online gambling by allowing poker but not casino games.
 
* A trial period for poker is suggested, but operators will have to agree not to offer online casino gaming as well.
 
* Betfair in Australia and Sportsbet have both joined Tabcorp in welcoming the proposals.
 
* Required measures to reduce problem gambling could include self-exclusion, pre-commitment, dynamic warnings and easily accessible data on how much a gambler is spending.
 
* In-play betting will remain legal by phone or in person, and the report recommends extending this to the internet.
 
* Popular apps and social media games that offer virtual gambling experiences – but offer no cash payout despite payment required to play – will continue.
 
The review represents a change of government policy of sorts; two years ago the government largely rejected the conclusions of the Productivity Commission, which recommended that online gambling be licensed and regulated.