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Aussie Betfair users face fines of $10,000.

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  • #600473
    Anonymous
    Inactive

    Under new laws which came into effect yesterday, gamblers may face two years in jail or fines of up to $10,000 if they place wagers with a betting exchange.

    Andrew Twaits is Betfair’s director of corporate and business affairs and he described the new legislation as unconstitutional. Twaits also said that the new laws left Betfair “with no choice but to challenge the WA Government’s attempts to restrict free trade between the states”.

    “The legislation effectively prevents Western Australian residents placing bets with Betfair, and prevents betting exchanges operating in Western Australia,” Mr Twaits continued.

    In an attempt to more

    #725062
    Anonymous
    Inactive
    ian_go wrote:
    Under new laws which came into effect yesterday, gamblers may face two years in jail or fines of up to $10,000 if they place wagers with a betting exchange.

    Andrew Twaits is Betfair’s director of corporate and business affairs and he described the new legislation as unconstitutional. Twaits also said that the new laws left Betfair “with no choice but to challenge the WA Government’s attempts to restrict free trade between the states”.

    “The legislation effectively prevents Western Australian residents placing bets with Betfair, and prevents betting exchanges operating in Western Australia,” Mr Twaits continued.

    In an attempt to more

    Lol in future put that this applies to Australia in your heading – you’ll cause lots of people unneeded haeart attacks! :hehe:

    #725135
    Anonymous
    Inactive

    sorry! was not my intention to start pulses racing!

Viewing 3 posts - 1 through 3 (of 3 total)