Tag: australia
A Brief Guide to Online Betting in Australia
Online betting in Australia has become so prevalent that almost 80% of the Australians gamble at least once every year. According to the reports of The Economist, Australian adults gamble more per capita income than any other nation in the world. This made some of the world’s top online gambling sites to focus on the booming Australian market. So let’s take a look at the shape of online betting in Australia and see what it has to offer the betting enthusiasts. Is Online Betting Legal in Australia? In the past, Australian punters were allowed to enjoy any form of online…
The Fight for Online Poker in Australia
Online poker supporters created the “Australian Online Poker Alliance (AOPA)” in order to exhort authorities to legalise the sector. The group is gathering the opponents against the latest amendment that prohibits online poker activities in the country. AOPA proposes a complete framework to regulate the sector and bring benefits to the Australian government as well. Australian Online Poker Alliance offers a platform to discuss the issue and promote their petition to the government. The website also informs residents on how to contact their local elected members of the Parliament to express their disagreement with the amendment approved in November 2016….
888Poker Next to Exit Australia
While PokerNews has been unable to confirm the exact reason for the timing of this from 888poker, it is believed to be due to the proposed amendment to the Interactive Gambling Act of 2001 that some expect to pass in Australia in the near future. If passed, the Interactive Gambling Amendment Bill 2016 mandates that online gaming operators offering services to Australian residents secure local licenses or face steep fines as high as A$6.75 million ($5.05 million). Unlike gaming regimes in other countries, individuals can also face heavy punishment if the bill is passed, with fines up to A$1.35 million…
Australian Regulators “Wash Hands” on Online Gambling Apps
Australia’s main online gambling licensing body has effectively washed its hands of the controversy over its licensees’ efforts to circumvent the nationwide ban on online in-play wagering. Australia’s Interactive Gambling Act 2001 restricts in-play wagering to telephone or in-person bets at retail venues. But recent months have seen a trio of online gambling companies licensed by Australia’s Northern Territory Racing Commission (NTRC) release mobile apps designed to get around these restrictions. The apps – William Hill’s Click to Call, Ladbrokes’ Quickcall and Bet365’s betCall – work by using a mobile device’s voice recognition technology to confirm online in-play wagers without…
Australian Federal Police Investigate Ladbrokes & William Hill
Top gambling operators William Hill and Ladbrokes are about to be under investigation by the Australian Federal Police due to allegations of both companies breaking local gambling laws. According to reports first revealed by The Australian, the two companies may be facing multi-million dollar fines if they are found guilty of breaching specific gaming laws. It is believed that both companies has breached the ban in place for live betting in Australia. Last month, allegations of both firms taking bets online surfaced. The companies were reportedly allowing customers to keep their microphone on at the computer to try and stay…
Betfair sells stake in Australian venture to Crown
iGaming Business – Betfair has sold its 50% stake in Betfair Australia to casino operator Crown Resorts, the online gaming company’s partner in the joint venture. Formed in 2004 by Betfair and Crown, Betfair Australia offers various services to players in the Australasia region. Earlier this year, iGaming Business reported that Crown was set to complete a buy-out of the business. Under the now-confirmed agreement, Betfair will continue to provide Crown with its betting exchange in Australasia under a new business-to-business model. The online gambling firm will also receive a share of revenues generated by the change in markets within…