Posts Tagged ‘Australia’

Land-Based Casinos Demand Regulation For Online Casinos In Australia

Saturday, January 17th, 2009

Recently Clubs Australia has voiced its concern that online gambling operations make be holding onto a slightly unfair advantage in comparison to their land-based rivals within Australia. For this reason, they have called upon the Australian government to revisit and hopefully revise the policies they currently have in place to readjust the balance so that everything works on a more even keel. The need for standardizing the laws when it comes to gambling has become quite evident for many concerned people.

The changes proposed would mean that online gambling operators would be prohibited from accepting bets that have been placed with a credit card. They would also involve providing gambling perks like earning $1,000 worth of free bets. Also, there would be a considerable amount of emphasis placed on getting the staff properly trained to help ensure that the gambling that does take place is responsible gambling. There has been an extensive amount of criticism thrown at the online gambling industry for not having enough checks and balances in place to sustain some level of accountability.

With the lack of regulation for online casinos, there has developed a huge disparity between the online gambling operations and their land-based rivals. All of the current figures support this allegation and it has resulted in quite an indignant outcry from those folks who represent the land-based casino contingent. Online casino wagering numbers have risen substantially in Australia after Betfair came out victorious in a court case that resulted in given them full permission to conduct their business in Australia.

Australia’s Betfair Holds Its Own Despite Opposition

Tuesday, November 18th, 2008

Many folks are up in arms in Australia these days over the government’s conduct in regard to Internet gambling. The State Government has recently made a subtle shift in its attitude toward online gambling and the anti-gambling campaigners have gotten quite upset.

After a long time spent worrying about the online gambling operator Betfair, the government has changed its tune and has gone so far as to offer its own license to construct an operation that is quite similar to the Tasmanian-based company.

Betfair was the very first betting exchange to be licensed within Australia. Conducted over the Internet, the operation is set up to work like the sharemarket in the sense that punters bet against each other and there is no bookmaker or tote acting as a middleman. Since their beginnings in 2006, Betfair has changed the atmosphere of the racing industry because punters can bet on horses to lose. This has increased the incentive to fix races from time to time and everyone is increasingly worried about this potential phenomenon.

Earlier this year, Western Australia lost a battle in the High Court to block Betfair from that state and ever since, other states that may have objected have had to grin and bear it and accept the website’s presence. People who were remarkably concerned about the possibilities of seeing fixed races become common practice have had their fears assuaged somewhat since Betfair has a squeaky clean record of complete transparency. Folks who oppose internet gambling are still calling for a ban against all advertisements for the new betting exchange but the Gaming Minister has rejected that idea.

Popular Pages
Online Casino Reviews
UK & Euro Casinos
Poker Room
UK & Euro Poker
Gambling Forum
Gambling News
Popular Games
Baccarat
Backgammon
Bingo
Blackjack
Caribbean Poker
Craps
Keno
Pai Gow Poker
Poker
Roulette
Rummy
Slots
Texas Holdem
Video Poker
Beginners Guide
Do's & Don'ts
eCogra
Microgaming
Playtech
RTG