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Aussie’s whats the odds?

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  • #597263
    vladcizsol
    Member

    Guys we are seeing the beginings of the EU falling into Goose Step procession behind the US with regards to Internet Gambling. The arrests in France and sabre rattling in Germany are indicators of this shift.

    I am wondering what you fellas down under think might happen in Oz?

    I mean your government is generally right with us on any of our world wide military adventures. Rupert Murduch is as far a right winger as they get and his Fox News division is so biased its laughable.

    So I have to wonder what the possibility would be of a scenario whereby the US Government formally asks the Australian government to enact legislation banning Aussie based companies from accepting wagers from US Gamers?
    It doesnt seem terribly far fetched when you really think about it.

    What do you reckon the chances of something like that happening and would the Operators based in Oz comply or would they relocate offshore?

    #707673
    Anonymous
    Inactive

    I think it’s possible because we do pretty much fall into line with the US.

    As for the ones based here, many of them have their operations in the UK, Antigua and elsewhere. IASbet is located here in Melbourne but they come from a horseracing background and that industry yields a lot of power here. They have the Canbet operation though, but is now UK based. Maybe we will just see them delist from the local stock exchange and move. Some are already listed on other exchanges anyway.

    At the end of the day, Australia is a follower and not a leader as far as politics is concerned.

    #707677
    Anonymous
    Inactive

    While I agree with Jarvi, I can’t see anything happening here really…

    Before I started in this industry I had never even heard of anything like this going down, and since I’ve been in this industry, I haven’t heard anything in the news related to it worldwide OR in Oz. Because we are in the industry, I think we tend to keep our ear open more than the regular person about this stuff. So in saying that, if I haven’t heard anything Oz wise, and if none of the other aff mgrs have, I would have to say that it’s possible noone else in our country has heard anything either.

    Feel free to give comments.

    #707682
    Anonymous
    Inactive

    I think the US Govt’s stand on internet gambling has more to do with far-right politics, than the actual wills of the majority of citizens.

    I don’t think Australia is going to go down the same path at all.
    Like Jarvi said, Australia is more of a follower than leader in politics, but I think that’s more applicable to international politics than local.

    Gambling companies and interests hold a fair bit of power in .au, and there’s not the same political climate as in the US by any means.

    my 2c

    #707684
    Anonymous
    Inactive

    Aussies would bet on two flys crawling up a wall.

    It would be difficult for any Australian government to sell a message that gambling is bad – especially with state run bookmakers … impossible in fact.

    so even though Howard is pretty much a US-puppet – I don’t expect to see all our Aussie friends turning into felons anytime soon.
    :woo-hoo:

    #707685
    Anonymous
    Inactive
    TheGooner wrote:
    Aussies would bet on two flys crawling up a wall.

    It would be difficult for any Australian government to sell a message that gambling is bad – especially with state run bookmakers … impossible in fact.

    so even though Howard is pretty much a US-puppet – I don’t expect to see all our Aussie friends turning into felons anytime soon.
    :woo-hoo:

    I couldn’t agree with you more Gooner.

    #707691
    Anonymous
    Inactive

    I also heard today from my friend in the Dutch government that the EU court struck down the Germain ban on online gambling today.

    #707698
    Anonymous
    Inactive

    bleuze, you got a link on that?
    much appreciated!

    #707699
    Anonymous
    Inactive

    As every poster in this thread seems to have no idea of what’s gone on in Australia in a regulatory sense (even those that live and work there!!!), I hope I can shed some light on the situation for you.

    Given that Australia was almost the first country in the world to ban online gambling over 5 years ago, operators in Oz (and indeed their employees) SHOULD be concerned about this very issue.

    Let me walk you through it. The law passed in 2001 and is called the Interactive Gambling Act 2001. Basically it’s illegal for Australian companies to take bets from Australians, apart from lotteries and sports betting (sound kinda familiar?) The full act is here:

    http://scaletext.law.gov.au/html/pasteact/3/3465/top.htm

    and a press release from 2001 summarizes it:

    http://www.agimo.gov.au/media/2001/03/17430.html

    So at the moment it’s enough to not take bets from Australians but there is a SPECIFIC part in the law that allows a country (such as the US) to request that the law include the taking of bets of people in the US (assuming the US has similar laws).

    Here is that part:
    http://scaletext.law.gov.au/html/pasteact/3/3465/0/PA000160.htm

    Basically if/when the US bans online gambling it’s also the end of the road for Australian operators taking US bets. It’s MUCH easier than asking the Aus Government to enact legislation Professor – IT’S ALREADY THERE AS LAW!!!

    Edit: I should also say that if the US asked really nicely right now for them to be included in this law (based on the wire act), the Aussies would probably say ok.

    #709353
    Anonymous
    Inactive
    jack_n_jill wrote:
    As every poster in this thread seems to have no idea of what’s gone on in Australia in a regulatory sense (even those that live and work there!!!), I hope I can shed some light on the situation for you.

    Gee I love it when people think they can read my mind. Perhaps I’m not the only one that has no idea!!!

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