Wagering on just about everything these days seems to be the normal way to play for a lot of punters. What makes all this betting interesting is when it gets into the political sphere. Australian's love their various forms of vice and gambling is no exception. In Australia people are placing huge wagers on who will win the next election in that art of the world. Online gambling has become a hot issue with the current government doing it's level best to control offshore wagering with draconian and unfair methods. The productivity Commission will soon hand down it's recommendations regarding the status and future of the activity in the county. Meanwhile people are betting the government of the day may be toppled by it's proposal to filter the internet and stop punters from accessing their favourite internet casinos. The very fact that internet censorship may happen has many Aussies crying foul, and looking for a change in leadership. Unfortunately when it come to political situations there is no such thing as a guaranteed result.

Australian bookies and the average man on the street has determined that there's at least a reasonable chance that the Labour Party will be thrown out of office at the next election. Current Prime Minster Rudd has even publicly and privately said that there's a chance they will loose the election. Although Mr. Rudd is still the odds-on favourite, returning just $1.20 from Centrebet if he stays in The Lodge. But the Coalition with Mr. Abbot has tightened to $3.85 - the first time it has been under $4 in more than a year. The betting market suggests a modest turnaround in political fortunes. Centrebet's Neil Evans said the agency had been forced to reassess its prices after several big bets recently. Mr. Evans said, "It's the first crucial sign the Coalition is getting right back into the battle after the Labour government had dominated with punters for two years."

Related news

The Norwegian government has passed a law banning the processing of online gambling transactions from unlicensed operators in the Nordic country. This is a move that is sure to raise a few questions about the monopoly maintained on online gambling in Norway. The new law requiring payment transactors to verify any online casino payments are processed only for operators licensed in Norway.

Protests came from various sectors claiming that the act does not conform to European Union regulations. The state monopoly Norske Spil will benefit from this new legislation that received Royal assent after the Storting, Norway's parliament, had passed the bill. Norway is not a member state of the European Union, but is, in effect, required to adopt most legislation created by the EU, due to its participation in the European Economic Area as a member of the European Free Trade Association. Pontus Lindwall the chief executive officer of Betsson the Swedish gambling group which operates extensively in Scandinavia, recently downplayed the threat to the industry, suggesting that online players will choose other avenues for their deposits and withdrawals. Other online casino operators in Norway do not consider the law to be a threat. Various institutions in the Norwegian financial services sector have indicated they will remain abreast but will not act on the requirements dictated by the Payment Act, and will continue to do business as usual. Norway is going the same direction as the USA in attempting to prohibit the transactions between customer and casino. June first 2010 is set as the day when the full force of the ban on online gambling comes into play in the USA. Coincidentally the Norwegian law is due to take effect at the same time. The war on online gambling seems to be advancing in areas where there is a protectionist attitude and little regard for what is fair for everyone.

Related news

With a population of almost seventeen million people Chile has a growing market for online gambling. Gambling in Chile is completely legal and popular. Chileans enjoy casinos, sports betting, state lotteries, horse racing, and other gaming past times. Casino gambling was banned up until 1990, although the country already had several major casinos operating. Poker a strong game elsewhere is not nearly as popular in Chile but is gaining considerable momentum. Sports betting in Chile is very strong, and horse racing which was the only form of gambling that was legal during the ban has remained very well attended. The Chilean government is open to internet gambling with few if any restrictions. While the government does not license companies to operate online gambling sites within Chile, players are not prohibited from playing at offshore gambling websites. There are thousands of websites, that offer casino games, poker, bingo, sports betting, and other gaming activities. Most of the sites available in Chile are in English, with some offering Spanish as well. Chile’s Superintendent of Casinos, Francisco Javier Leiva, who is watching the statistics says, the latest figures show that the revenue from gambling is growing steadily. Gross monthly winnings have increased to $24.8 million in 2009, up $14.86 million from earlier in the year. It was reported that a total of $224 million was grossed during 2009. More casinos are to be opened this year to meet the expanding market with online casinos and sports books gaining ground too. Currently there are fifty seven online casinos offered to players in Chile, most offering the USD as a currency and the Spanish language. With the government being on the soft side of online offshore wagering it may be that Chile could become a South American hub for internet gambling in the future. Meanwhile the gambling public in Chile has a chance to play to their hearts content where ever and when ever they desire.

Related news

Party Poker, registered in Gibraltar, is advertising for a head of marketing in Australia. This comes as a surprise to Australian lawmakers who have made it an offence for a company in Australia or overseas to provide online casino games to any person who is ''physically present in Australia''. Fines for a breach are up to $220,000 a day for individuals, and $1.1 million a day for companies. Why some would ask is Party Poker being so bold as to flaunt the law of the land and risk heavy fines? The federal government has made no moves to enforce its own internet gambling law the Interactive Gaming Act of 2001. The advertisement posted is looking to hire a head of marketing in Australia, based in Sydney, to ''leverage the brand at the forefront of the poker market in Australia and New Zealand''. Although it is a binding law it has never been enforced, and the government makes no attempt to restrict the activities of online poker games or online casinos. A recent draft report commissioned by the Productivity Commission into gambling estimated that $790 million went offshore to illegal online gambling sites in 2008 with no funds returned to the country of origin. Internet based gambling is considered to be gaining rapid popularity and is estimated to have grown three fold in the last five years as Australians take to the web for their gambling needs. With the Productivity Commission's final report due out soon those in the industry are expecting it will recommend the government overturn the online gambling prohibition. A few of the opposing members of parliament are sure they will be able to block any changes in the current legislation. Anti gambling Senator Nick Xenophon, an independent, is hoping to get the Green's party representative Senator Steve Fielding onside to stop future online gambling companies from making their mark in the country. Looking at the Australian market and it's proximity to Asia it makes perfect sense for a firm like Party Poker to try getting it's foot in the door there. Party Poker's advertisement says it is a ''growing online poker business in Europe with plans to enter the Australasian market''.

 

 

 

Related news

According to a report from the Sioux City Journal in Iowa The House State Government Committee is planning on having a hearing on a proposal to legalise and regulate online sports wagering and maybe even other forms of internet gambling.

Omitting betting on colleges in Iowa, Democrat Brian Quirk, told the newspaper that the proposal may expand the sports betting sector approved by a Senate committee to include legalised betting on collegiate sports. Mary Mascher, State Government Committee Chairwoman, has voiced stiff opposition to the proposal, threatening to remove any referral to the proposition from any gambling bill that comes before the committee. Quirk who as member of a seven person bi-partisan committee told the Sioux City Journal, "The time for debating whether Iowa is a gambling state is long past. Either we're a gambling state or we're not, and with seventeen casinos I'd say we're a gambling state."

The state's monetary shortfall may persuade lawmakers to consider the proposal even though the opposition is very strong against expanding gambling in Iowa. Quirk has explained that a possible 80,000 people already play poker online. The idea is that the customer registers for an online account at a licensed land based casino gets a password and is able to play games from a home based computer. Deposits and withdrawals of funds would have to be done in person at the registered casino, ensuring compliance with federal laws regarding financial transactions for online gambling.

Republican Representative Jeff Kauffman, is a staunch opponent of gambling expansion and said that it was unlikely that legislators who have consistently voted against gambling expansion will change their position. The USA is on the verge of making internet gambling a complex issue as the various states start to make their own rules justified in the need for tax dollars.

 




Related news

Loto-Québec announced Feb. 3 2010 that it will set up a website to counter the 2,000 illegal gambling sites that already exist online and to put about $50 million a year into public coffers. Doctors are ready to speak out against the action with a critical view of gambling and internet gambling in particular. The doctors across the province of Quebec state that it' is one thing to have real brick and mortar casinos available to the potential gambler but now online casinos offer a casino in everyone house with twenty four seven access and no restrictions on conduct while playing or limits on age. The medical profession says they are extremely concerned that online gambling will create a scenario that is detrimental to Quebec society. This government sanctioned plan is being called a recipe for disaster. Richard Lessard, director of Montreal's public health department, said, "There are not just economic benefits to be had, but negative impacts that have not been properly accounted for. We are convinced that by creating a legal secure site, we will create new players. You don't have to be a marketing expert to see that." He has called for a one-year moratorium on any state-sponsored Internet gambling sites. François Desbiens, public health director for the national capital region, says, "Ten to 25 per cent of online gamblers are problem gamblers," adding, "It's the kind of gambling that creates the most problems, because it's the most accessible."

Loto-Québec countered the doctors claims sighting stats from Sweden where it said the number of problem gamblers remained the same after Svenska Spel was established. Loto-Québec is committed to making the online gambling industry a safe and well controlled environment for the public. There are problems with all forms of gambling some people wager responsibly some go over board, it's that way with food drink and other recreational activities. Harmful or not online gambling is here to stay, everyone has the choice to play or not that's what makes for a free society, free choice.

 

 

 

 

 

 

 

Related news

Bookmaker Con Kafataris will stop taking bets after 34 years at Sydney Horse racetracks to concentrate on his online betting agency, Centrebet. An example of how things are headed in Australia's betting habits of late. The managing director of Centrebet said he will close CK Racing, the track side bookmaking operation, after the Easter racing carnival because of regulatory reforms and other issues. Punters in downunder have held up Centrebet's profit margin by wagering $304 million online in the first half of the fiscial year. "It's a combination of factors; the global financial crisis which started a year ago has impacted the high-end recreational punter that would come to the track," Mr Kafataris said. "They stopped coming to the track or they reduced their activity." Adding, "I've been doing it for 34 years and after Easter I will be working online. It's a shame; it's going to be sad when I have my last day." The local online wagering turnover is 24 per cent higher than in the first half of the 2009 financial period. Mr Kafataris said the performance was strong given the current economic and business conditions. Explaining "From our perspective it's a very strong result; the wagering business as everyone has said has proven to be very resilient," he said. "The general public continue to like to have a flutter." Punters in Australia are not going to the track to bet anymore. Only around 200 people out of 6500 at the races actually places a wager. Centrebet has been thinking ahead and is positioning itself for a takeover by adjusting it's operations in Europe by streamlining and reducing costs. The closing of track side betting venues has been a difficult but necessary move. It is the shareholders that are sure to be pleased as this company continues to show a healthy profit and good growth potential.

 

 

Related news

The Poker Players Alliance is looking to make the number of co-sponsors in the US Congress grow in future months as more people become aware of the major issues concerning online-poker regulation. A number of conservative columnists have written about the hypocrisy of the U.S. government interfering with the personal freedom of Americans and poker players, something that American republicans have held up as a primary element of their political view. For the second year now, Greg Raymer the professional poker player and the Poker Players Alliance will attend the annual Conservative Political Action Conference in Washington, D.C. The conference welcomes conservative activists from around the country and will feature speeches by a number of influential names in the conservative community including Mitt Romney, Glenn Beck, Tim Pawlenty, and Ann Coulter. Raymer, who was born in Florida but grew up in St Louis, Missouri, and now hails from North Carolina, won the World Series of Poker back in 2004. “I think a true conservative is someone who wants little or no government in his life,” Raymer was quoted as saying last year and “He doesn’t want the government to tell him what to do.” For the conservative conference attendee the idea that less government is better the PPA will hammer home that rights are being trashed by the prohibition on online gambling in the USA. Pointing out to the conservative crowd that support is necessary for a change in the online gambling situation in the USA may not be that easy. Of the 65 Congress members that do support a change in the laws regarding online poker only four are Republicans. Media attention on pro poker players like Raymer and information that features the proper reasoning for regulation are efforts that the PPA hopes will make a difference. This is like banning apple pie for some Americans, playing poker has deep roots in the culture of the States, and putting a ban on it has the pubic wondering why.

Related news

The European Union is feeling a little beleaguered by the constant confusion surrounding online gambling within the member states. The new Internal Market Commissioner Michel Barnier, has stated he will sort out the difficulties and make things run smoothly. Malta is watching his every move in an attempt to keep up with the latest regulations template. Barnier, not long after taking on the position instructed the European Commission services to draft a green paper on online gambling. With the European Union extremely divided on this issue the new Internal Market Commissioner has his work cut out for him. Malta has been a proponent of regulated and licensed online gambling operations and is vocal in pointing out incongruence within the member nation's application of the free ecommerce trade agreements. Portugal was recently given the green light to keep it's monopoly by the European Court of Justice which is totally against what the E.U. is asking for. France has also made it clear they want to keep their stronghold on the lucrative online gambling business as long as they can. Mr. Barnier suggested, that according to the Commission's legal services, the ruling did not give member states more freedom but justified certain restrictions on strict criteria. He said it was, among others, built on the historic and atypical nature of the Portuguese institution, which had a monopoly on the organisation of gambling. To address these and other pressing issues Mr. Barnier has launched the start of a consultation process with member states and stakeholders so that a precise analysis of the situation could be made, in the form of a green paper due out by next fall, subject to agreement of the College of Commissioners."We will be on the lookout as we think remote gaming should follow free movement," A gambling expert from Malta said. "Malta is all for more clarification of the rules but these should not be used to introduce restrictive practices," Malta's economy is largely based on the online gambling industry and it's regulatory structure which is estimated to be the second largest in the E.U. employing thousands and returning large revenues to the tax base there.

 

Related news

Quova Inc. enables online businesses to instantly identify where a visitor to their Web site is geographically located. Online companies including online gambling operators, broadcasters, e-retailers, advertising networks, banks, and government agencies integrate Quova’s IP geolocation data into their Web applications to geo target their advertising and content, detect card-not-present fraud, manage distribution of digital content, in order to comply with local laws. Quova delivers detailed demographic and network characteristic data about an IP address and the data is 99.9% accurate at the country level and up to 98.2% accurate at the US state level. Quova, founded in 2000, is a privately owned business and is based in Mountain View, California. Quova, Inc. recently announced that the newly released SEGA Games Limited web locations for Sega's casino and poker offerings are about to start using Quova's IP geo location data to prohibit use by players located in unregulated countries and territories. SEGA Games Ltd. Is a subsidiary of the Sega Corporation and is licensed and regulated by the Government of Alderney. By utilizing one user account SEGAPass, customers can play at all of Sega's online gambling destinations. SEGA Games uses Quova to scan each visitor to determine the geographic location of their Internet connection. Built-in logic rules detect the location and trigger the application to serve the user the appropriate Web page customized with games and products that meet the laws in their country or state. A spokesperson for SEGA Games commented, “We were impressed by Quova’s outstanding reputation in the online gaming sphere and its depth of accuracy. By using Quova we can ensure that geographical-based content restrictions are in place, thereby making sure that we comply with the regulatory requirements of various jurisdictions.” Vice President of Business Development Worldwide for Quova, Steve Sawyer, said, “The development of the online gaming industry has resulted in a growing demand for accurate IP address data,” adding, “This is a very tightly regulated sphere and having a transparent view of a customer’s location is essential to ensure compliance in today’s virtual world. We are extremely excited to be working with a company with a reputation and history such as SEGA’s.”

 

Related news

Pages