After an extensive investigation, the Tennis Integrity Unit has found no signs of match fixing during this year's Australian Open. The probe was launched after online bookmaker Pinnacle Sports reported unusual betting activity in the mixed-doubles market. Upon noticing a large amount of wagers rolling in on some fairly obscure, and long-odds pairs Pinnacle halted…
The true identity of Satoshi Nakamoto, the anonymous inventor of the Bitcoin, has finally been revealed. According to a number of published reports Craig Wright, an Australian tech entrepreneur, is the real Satoshi Nakamoto and he's got the Blockchain evidence to back his claim. A number of credible sources, including the Economist, have met privately…
Australian lawmakers are mulling over a review of the Interactive Gambling Act of 2001 that includes a broad set of recommendations that, if enacted into law, would radically change the face of Down Under online gambling. The review includes 19 recommendations for changes to existing laws governing the way Aussies access online gambling sites. According…
Australia's Green Party has never been a big fan of Down Under sports betting and sportsbooks but now they're taking that hatred to the next level. Recently, the Aussie radicals called for a total ban on every kind of sports betting advertising in the entire continent. The Greens' proposal is the most sweeping advertising ban…
It's not an everyday occurrence when an online gambling company asks government regulators for more curbs on advertising, but that's exactly what's happening in the red hot Australian gambling market. In an interview with The Australian (subscription required) late last week, Sportbet CEO Cormac Barry voiced his wish for regulatory curbs on advertising for Aussie…
Were reports of a possibly rigged match at the Australian Open last week a, "cheap grab at free publicity"? That's the claim former Betfair executive Scott Ferguson made in a recent interview during which he absolutely skewered the tennis establishment and some high profile operators. Ferguson's interview, which appeared on SI.com, covers everything from his…
Just one week after the tennis world was rocked by a serious match fixing scandal, officials in Australia have suspended wagering on a match due to suspicious betting patterns. Security personnel at Pinnacle Sports were the first to notice that a large amount of cash on a fairly obscure match up between Andrea Hlavackova and…
The true identity of Satoshi Nakamoto, the anonymous creator of Bitcoin, may finally have been uncovered. Earlier this week, both Wired and Gizmodo identified 45-year-old Australian entrepreneur Craig Steven Wright as the man behind the digital crypto-currency. Both sites point to a series of blog posts Wright made back in 2009 that refer to launching…
Paddy Power, Ireland's largest independent bookmaker released an interim management statement this week and the results were nothing short of spectacular. The report, which covers the period from July 1 to November 15, says Paddy Power revenue was up a whopping 9% across the board. Much of that success was due to the blazing hot…
Australians are known as some of the most gambling-mad people on the planet, but when it comes to advertising gambling on TV, the Australian government is a very stern master. Earlier this week, Ladbrokes and Sportsbet (an offshoot of Paddy Power) were spanked by government agencies for advertisements that were either offensive, or simply didn't…
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