X

You wonder sometimes why we bother at all to turn up to polling stations on election day, as it seems the politicians in this country respond more to corporate influence than the power of the ballot.


Click to enlarge
A case in point was yesterday’s launch of Sky Racing Active – another interactive gambling solution – one that works through the Foxtel, Optus and Sky pay TV networks and that has been designed to make online and interactive gambling even simpler and more convenient than it is now.


The operators of this system Two Way media, along with their venture partners Tabcorp, insist there are plenty of safeguards in place to prevent this new system from being abused by those who have a problem with gambling.  Fair enough, but it seems the online gambling vendors are the only ones prepared to give those assurances. After numerous contacts being put into the office for the NSW Minister for Gaming and Racing, Graham West, the silence coming out of Macquarie Street is nothing short of deafening.


And speaking of deafening, it was also interesting to see that channelnews was the only media outlet prepared to run this story. Now I am unsure what the exact reason is, but some media organisations do have a vested interested in the gambling industry (like Channel 9 for example) whilst other, smaller players possibly did not deem it newsworthy enough to give it some space.

 

 

A couple of years ago, a Productivity Commission report noted that the booming gambling industry costs society up to $2.9billion annually in associated social problems, outstripping the cost of illicit drugs ($890 million) and alcohol ($2.4billion) as a social problem.  And in a country that houses 20 per cent of the world’s poker machines, five times more than the United States, one would think the launch of another and even easier way to throw money down the drain would be a high-priority issue.


Perhaps last year’s Betfair media blow-up has made all concerned in the online gambling industry a bit shy when it comes to making comments, however as pointed out earlier, the vendors themselves are keen and happy to talk about their online gambling ventures ad nauseum.  Its only those that are charged with regulating and monitoring the system that seem to have contracted an extreme case of media- shyness.


The situation is further muddied by the fact that federally there is a law called The Interactive Gambling Act (IGA) which makes it an offence to provide an interactive gambling service to a customer physically present in Australia and carries a maximum penalty of $220,000 per day for individuals and $1.1 million per day for bodies corporate. However, there is a small but significant loophole here – the Act does not cover sports betting.
So sports betting services such as Betfair, Centrebet, Sportsbet and the Sky Racing Active service are all in the clear here- legally anyway.

 

 

UK-based Betfair signed a landmark agreement with Racing Victoria in July 2006 which saw Betfair begin covering Victorian racing, and last year, in Tasmania which licenses peer-to-peer betting exchanges, Betfair was allowed to set up shop there.


Moreover, New South Wales, South Australia and Western Australia do not have legislation that specifically applies to Internet gambling- and maybe this is why the NSW Gaming and Racing Minister is loathed to comment on yesterdays Pay TV gambling launch- since in effect, he really has no control over its existence anyway.

 

 

 

 

 

Flick of a switch 728x90 1 Who Really Controls Online Gambling?
Whatmough 728x90 Who Really Controls Online Gambling?
Martin Logan 728 x 90 Who Really Controls Online Gambling?
4SquareMedia 728x90 scaled Who Really Controls Online Gambling?
240215 SAV R Volution CNewsFeb Leaderboard 1 Who Really Controls Online Gambling?
Haier 728x90 1 Who Really Controls Online Gambling?
Banner Z10 Al Wh 728x90px EN Who Really Controls Online Gambling?
Motorola Banner Ads 728 x 90 72ppi Who Really Controls Online Gambling?133896
4Square – Channel News 728x90 Who Really Controls Online Gambling?
PRO 5 PRICE DROP 2024 Banner 728x90px Who Really Controls Online Gambling?
Uniden PRO 2k 728 x 90 Option 2 2x Retina Who Really Controls Online Gambling?
BEL2385 4SQ Dock Banners 4SQ 728x90 Who Really Controls Online Gambling?
3sixT GS24 EDM 728 x 90 px 02 Who Really Controls Online Gambling?
728x90 Who Really Controls Online Gambling?
BlueAnt PumpAirANC WebBanner 728x90 Who Really Controls Online Gambling?
Middleton 728x90px Product Who Really Controls Online Gambling?
Aspire Vero Banner Intel CCF 728x90 Who Really Controls Online Gambling?
QUEEN 728x90 Who Really Controls Online Gambling?
728x90 Who Really Controls Online Gambling?
hitachi banner 728x90 Who Really Controls Online Gambling?
Leaderboard 728x90 1 Who Really Controls Online Gambling?
728x90 Iconic Who Really Controls Online Gambling?


YOU MAY ALSO LIKE