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Aussies Set to Close Online Gambling Loopholes

Australian lawmakers are mulling over a review of the Interactive Gambling Act of 2001 that includes a broad set of recommendations that, if enacted into law, would radically change the face of Down Under online gambling. The review includes 19 recommendations for changes to existing laws governing the way Aussies access online gambling sites. According…

Aussie Green Party Calls for Ban on All Sports Betting Ads

Australia's Green Party has never been a big fan of Down Under sports betting and sportsbooks but now they're taking that hatred to the next level. Recently, the Aussie radicals called for a total ban on every kind of sports betting advertising in the entire continent. The Greens' proposal is the most sweeping advertising ban…

Sportsbet CEO Wants to Curb Australian Gambling Advertising

It's not an everyday occurrence when an online gambling company asks government regulators for more curbs on advertising, but that's exactly what's happening in the red hot Australian gambling market. In an interview with The Australian (subscription required) late last week, Sportbet CEO Cormac Barry voiced his wish for regulatory curbs on advertising for Aussie…

Gambling Consultant Cries 'Foul' on Tennis Scandal

Were reports of a possibly rigged match at the Australian Open last week a, "cheap grab at free publicity"? That's the claim former Betfair executive Scott Ferguson made in a recent interview during which he absolutely skewered the tennis establishment and some high profile operators. Ferguson's interview, which appeared on SI.com, covers everything from his…

Bookmakers Halt Suspicious Australian Open Wagering

Just one week after the tennis world was rocked by a serious match fixing scandal, officials in Australia have suspended wagering on a match due to suspicious betting patterns. Security personnel at Pinnacle Sports were the first to notice that a large amount of cash on a fairly obscure match up between Andrea Hlavackova and…

Did an Australian Entrepreneur Create Bitcoin?

The true identity of Satoshi Nakamoto, the anonymous creator of Bitcoin, may finally have been uncovered. Earlier this week, both Wired and Gizmodo identified 45-year-old Australian entrepreneur Craig Steven Wright as the man behind the digital crypto-currency. Both sites point to a series of blog posts Wright made back in 2009 that refer to launching…

Paddy Power Reports Interim Profits

Paddy Power, Ireland's largest independent bookmaker released an interim management statement this week and the results were nothing short of spectacular. The report, which covers the period from July 1 to November 15, says Paddy Power revenue was up a whopping 9% across the board. Much of that success was due to the blazing hot…

Australian Government Hands Out Penalties to Gambling Advertising Scofflaws

Australians are known as some of the most gambling-mad people on the planet, but when it comes to advertising gambling on TV, the Australian government is a very stern master. Earlier this week, Ladbrokes and Sportsbet (an offshoot of Paddy Power) were spanked by government agencies for advertisements that were either offensive, or simply didn't…

New South Wales Bans In-Play Odds Advertising

Gaming regulators in the Australian state of New South Wales have banned gambling operators from airing in-play odds advertising during sporting events. The move is aimed at curbing problem gambling by reducing the number of opportunities gamblers have to indulge in impulsive behavior. Fortunately, for in-play wagering enthusiasts anyways, the ban will not apply to…

Australian Football League Promoting Responsible Gambling

The cozy relationship between Australian Football League (AFL) clubs and the sports betting industry has long been a flash point for Australia's vocal anti-gambling forces. That's why a number of AFL clubs are getting on board with a new responsible gambling charter sponsored by the Victorian Responsible Gambling Foundation. AFL clubs, which are very different…