Betting operators are keen to see the outcome of the Australian government review that would oversee some changes in the old legislation on gambling.
Australia is blessed with some well-known betting operators from across the globe. Such includes; Casino Mate, Guts Casino and Betspin. However, these firms may see radical change to their rules by Christmas as the federal government led by Tony Abbott the governor and Prime Minister of Australia.
The main agenda in this category involves the changing of the legislation that is 140 years old with offshore betting operators given the freedom to offer their clients without necessarily requiring government’s clearance. This move has been pushed hard by Senator Nick Xenophon who claims that even after few changes made to these rules in 2001, nothing much has made impact. This has prompted the Australian government in according the 2001 Interactive Gambling Act review to social service minister Scott Morrison.
Morrison took the initiative of assuring all betting operators that it is his duty to perform the task given without any prejudice and especially in a free and fair method that would not favor any of the sides. Nonetheless, it has been claimed that Xenophon may have come up with the final conclusion to the matter. This comes after it was evident that he had drafted a revised legislation that would forever eradicate both the in-play betting as well as betting markets in any sporting event.
His review comes congruent to another review that was made in 2013 and claimed that the in-play betting be made lawful depending on the results of sporting events. Nonetheless, the 2013 review was not implemented at all despite it being published. In any way, it is evident that in-play betting in Australia is demising day in day out.
In making it clear on the contents of the review, Morrison claimed that he would acquire the clear understandingthe betting operators as well as global regulators in advance of coming up with a fresh legislation towards year end. At the moment, the main and probable issue to be implemented would involving acquitting problematic bettors to safeguard themselves.
This article is published in: Secure betting
Tags: Casino, Legislation
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