Australian lawmakers passed the Interactive Gambling Amendment Bill 2016 in to law this week and, in doing so, also effectively banned online poker in the Land Down Under. The move was terrible news for Aussie poker players, who immediately compared Tuesday to the infamous American Black Friday. It's also likely to accelerate the pace of…
Tabcorp, a well-regarded Australian operator, will be paying $35 million in fined for its failure to comply with Aussie anti-money laundering laws. The massive fine is the result of more than 100 instances of non-compliance and is taking a heavy toll on the company's bottom line. The fine is the fruit of weeks of negotiations…
Australia's anti-gambling forces are at it again with an effort to ban gambling advertisements from live sports broadcasts. The proposed ban is being offered as an incentive to curry favor with Senator Nick Xenophon and his increasingly powerful political coalition, the Nick Xenophon Team. According to reports from Australian media, government officials are keen to…
Three Australian tennis players have been handed large fines and bans from the sport after being found guilty of match fixing. The punishments, which were handed out by the Tennis Integrity Unit (TIU), are meant to send a strong message to athletes in gambling-crazy Australia that match fixing of any kind will not be tolerated.…
Ladbrokes is teaming up with Digital Sports Tech to bring custom prop bets to the massive Australian sports betting market. It's a move that, if successful, could add a very profitable vertical for bookmakers worldwide. The new partnership will allow Ladbrokes to implement a new level of personalized sports betting by letting punters build their…
PokerStars could be pulling out of the lucrative Australian gambling market as soon as this week if a new bill cracking down on grey market operators passes into law. The proposed measure, an amendment to the Interactive Gambling Act of 2011 (IGA), would close loopholes that allowed PokerStars, and other major operators, to operate in…
A new bill introduced in the Australian Parliament this week is aimed at closing a legal loophole that allowed offshore gambling sites to operate without local licensing. If passed into law, the Interactive Gambling Amendment bill 2016 would mean the end of click-to-call in-play wagering for Aussie punters. The legislation was introduced by communications minister,…
Australian authorities have had enough of the Norfolk Island Gaming Authority (NIGA) and are moving to remove its ability to license online operators. The move comes after a damming report by a state-sponsored audit that labelled NIGA as, "barely viable," and, "beyond redemption." NIGA came under scrutiny last year when it granted a license to…
In the very near future, Australia's legion of online gamblers will be able to deposit and withdraw funds from online casinos and sportsbooks at their local convenience store. The new system is a leap forward in convenience, but was instantly targeted by Australia's very vocal anti-gambling crowd. As of this writing, more than 1,600 gas…
There's trouble Down Under for William Hill, one of the world's top online gambling operators. According to recent reports, the company has been shedding market share in Australia and that's not sitting well with investors. As recently as last week USB, a global financial services firm, once again classified William Hill in the "sell" category.…
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