Australia Pulls The Plug On Offshore Punting

Published Tuesday, March 21, 2017 -
Australia Pulls The Plug On Offshore Punting

The Australian government has been making noises about amendments to the gambling industry there. It is well known that Australian punters produce enormous revenue for gambling operators of every sort and that probably won’t change even with the latest efforts to curb the expansion of online betting in Down Under. Australian politicians in the Senate have approved of amendments to the online gambling legislation that go so far as to completely prohibit online poker and live in-play sports punting.

A number of operators having already withdrawn gambling services and products from the jurisdiction. Vera&John was the first to leave the market as well as others such as Poker Stars and 888 has announced their intentions to exit the market there should the recent amendments be approved.

Not all politicians are convinced the amendments will do anything to change the way Australians place bets.

David Leyonhjelm one of the Senators was very vocal about his objections to the current amendments saying to Australia’s Huff Post that gamblers that decide continue betting will find ways of doing so, outside of the legal system. Leyonhjelm said.

“It’s stupid; if you want to play poker, there are lots of opportunities in Australia, at casinos and tournaments,” Leyonhjelm added,

“It’s not as if there isn’t a great deal of poker playing already, but they’re just stopping it online. The whole world is online now.

“There is quite an active online poker community in Australia; I don’t think it will succeed for those really determined.

“If you have a [virtual private network] or offshore account, you will still play. It’s a stupid situation to be in.”

Time will tell whether this measure of any other imposed by the government will curb the appetite for punting that Aussi’s seem to enjoy.  




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