Australia Rules Synthetic Lotteries Illegal

Published Friday, June 29, 2018 - Online-Casinos.com
Australia Rules Synthetic Lotteries Illegal

The lottery betting war is on in the great Down Under with the parliament approving laws prohibiting competitors of the national lottery Tats from offering lottery betting to Australians. Gibraltar based Lottoland offers the service allowing punters to bet on the outcome of a lottery instead of buying a ticket for an official lottery draw.  The government and Labor united against the so called synthetic lotteries after concerns they are enticing bettors away from traditional lotteries which is a source of revenue for newsagents, pubs and clubs.

The Interactive Gambling Amendment Bill (Lottery Betting) 2018 focuses on a, ‘fair and balanced’ operating environment for traditional lottery and keno game providers maintaining needed income streams locally. Senator Mitch Fifield, The Minister for Communications, maintains that the government is committed to ensuring gambling takes place under "a robust legislative framework" with strong consumer protections.  

The pirate or synthetic lottery offering in this case is Lottoland which is saying its staying in Australia. Lottoland Australia CEO Luke Brill stated emphatically the company was “here to stay.” Brill also said that Lottoland was “well advanced” in developing ways to serve its seven hundred thousand Australian customers without violating the regulations. The company already seems prepared with a loophole of some sort.

Chief executive of the Australian Lottery and Newsagents Association Adam Joy, was more optimistic saying this about the new rules, “This will protect Australia from synthetic lotteries and will bring important new consumer protections by closing the loophole that lotto betting sites have been operating out of,”

Although the bill did pass easily in the Senate, senator David Leyonhjelm condemned the laws as a “shameful, protectionist measure” that would “lock out a new and innovative business”.

The statement sounds very much like the one CEO Luke Brill used “It is a great pity that the Senate did not give due consideration of the unintended consequences the new laws will have,” he continued, “not just on our customers, but on competition and innovation.”

 

 

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