Posts Tagged "NSW"

Advertisement of Live Odds has been banned in New South Wales

Advertisement of Live Odds has been banned in New South Wales

When it comes to advertising the live odds during the sporting broadcasts, regulators in New South Wales, are looking for new ways of reining to reproduce the online sports and betting and have consequently banned the activity. This means that there will be no broadcasting of the play odds like the ones that keep shifting on the scoreboard or even the ones that assist one to guess the next goal. The ban means television will have to be adjusted or dropped altogether. Troy Grant is the NSW minister for gaming and racing and made the announcement stating that the live odds were increasing the risk of dangerous gambling which is what encouraged the customers to continue chasing losses on make impulse bets. It is undeniable how the online betting market has become more competitive and people aggressively chasing shares through promotions and this is why regulation in the industry is prudent. Estimates from the monitoring firm Ebiquity on the amount being gambled online between 2010 and 2013 was close to $48m.

Samantha Thomas is an associate professor in public health from Deakin University said the ban was positive however there are still gambling advertisements being made, company logos on jerseys and stadium sponsorship which is stunting the change. Financial counseling in Australia has reported in August that there is use of aggressive marketing tactics which includes offering credit to players already in debt and others inducement through tickets to sporting events. In a case study, there was a detailed report of how a man was offered $500 in free bets and ended up gambling the proceeds from the sale of his home. In another, there was an attempted suicide of a man owing to his gambling debts. NSW is intent on taking down these tactics in the wake of December using the current ban to expand and entice bets using “credit”, vouchers or rewards to cover all “inducements”. The state waits on the results of a federal review done into online betting which is being run by Barry O’Farrell, the former NSW premier, due on 18th December in order to go forth with the curbing of online sports betting.

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Client promotion by CrownBet subjected to investigation

Client promotion by CrownBet subjected to investigation

More often than not, there are a number of corruption and illegal cases that come to rise in Australian betting markets. In most cases, the illegal betting sites have found themselves colliding with law enforcements on the matter. Nonetheless, it doesn’t mean that it is only the unlicensed remote betting operators go against the law. Some licensed firms have also found themselves in a hot soup when they violate the stipulated gambling rules.

This is a case that has hit CrownBet that has been subjected to a thorough investigation by the New South Wales (NSW) gaming watchdog. The betting company has been accused of using customer’s credit in the endorsement of motivational gambling. The matter has called the authorities to undertake a research and find the truth behind it.

According to the rules stipulated by the NSW Act book, the endorsement of client credit, tickets or any other aspect which may include sign up rewards is illegal. NSW watchdog claimed that it put the matter into consideration and decided to undertake an investigation mainly on the new campaign by the AFL and CrownBet NRL which goes by the title “The Game Just Changed”.

The main antagonism comes as the two advertising firm as have decided to incorporate terms that claim that each time a client places his or her bet, he or she is accorded with the CrownBet reward points that can only be redeemed at the Crown Resorts. The words further claims that in the modern world, none of these aspects have ever been introduced anywhere apart from CrownBet sites. The client should rush and register to initiate cash flow.

Reports from the Australian news have indicated that these vocabularies used in the advert by CrownBet have violated the present advertising standards stipulated by the NSW as well as The Office of Liquor, Gaming & Racing. The betting firm has decided to remain calm and failed to respond to any question raised on the investigation topic.

This investigation comes after various betting firms and other stakeholders advocated for the review of the 2001 Online Gambling Act. The redrafting of these betting policies will be fundamental in keeping the advancements in technology moving upwards as well as incorporation of fresh digital consumer behaviors.

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Moonah Links golf resort sold off to Chinese buyers by Murdoch’s nephew

Moonah Links golf resort sold off to Chinese buyers by Murdoch’s nephew

Moonah Link’s golf resort which is located at the Mornington Peninsula is currently under the possession of Chinese investors. It was claimed that Paddy Handbury who is the cousin to one of the wealthiest guys in Victoria Rupert Murdoch put on price the glamorous result and it took no time before the Chinese buyers came knocking.

Reports have indicated that the resort which comprises of two golf courses as well as a luxurious hotel based in Fingal near Cape Schanck would cost the Chinese buyers a total of $A18.5 million.

However, Blake Ammit the chief executive officer of Handbury Group made the announcement of the sale of the resort but did not stipulate the actual price tag. He claimed that the new owners emanated from the Chinese consortium as well as the Chinese-Australian businessmen who run their businesses at the Peninsula International Group. However, the resort didn’t include the 18-hole course and resort of The Sands Torquay which still remains at the hands of Mr. Handbury.

Moonah Links has an extra certified parcel that has an empty land that could be used for its expansion. According to Ammit, the new owners would maintain the course but would incorporate the new land which would be a new expansion ground for the resort.

The consortium member have their stakes in the investing firm of Chinese-Australia a company that has its base in Australia and China and intensifies its growth by investing in big hotels and resorts. This is a positive indication to the firm which recently has been curbed with diminishing membership as well as slow-moving sales. This was according to Golf industry consultant Jeff Blunden. He claimed that it is good to see the existence of a willing buyers and sellers and believed that they would expand the golf course which is seen as the biggest golf asset based in Peninsula.

Moonah Links has been involved in various Golf tournaments most notably the Australia Opens that took place in 2003 and the resort has been branded as the “The Home of Australian Golf”. However not all professional golf tournaments are held there as NSW has been playing host too. Ammit claimed that the NSW has been the bitter rival competing to host these events but he believed that the new expansion of the resort would see more events held at Moonah Links.

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A new proposal in Australia to Ban Greyhound racing

A new proposal in Australia to Ban Greyhound racing

After the cruelty in greyhound racing was exposed, one Australian lawmaker has stepped in to push for a ban of this game in New South Wales (NSW).

At the beginning of this year, there was a show on Australian Broadcasting Corporation that showed cruelty in the greyhound racing industry. It exposed the use of live animals as bait while training the greyhounds. This was an undercover task that was carried out by the Animals Australia and Animal Queensland.

The process involved in training the greyhounds entailed the use of live possums, piglets and rabbits that were tied on lures that would spin round the track as the greyhounds chased them. The dogs were provoked and bring them to lead ups in the race. There were pretty many saddening images of these animals being tortured, as well as kittens being used in the training of the greyhounds.

This investigation triggered a lot of public outrage and action is to be taken on people who are involved in the training. Many of these people involved are prominent people in the industry despite the fact that officials said that they do not tolerate such actions in the industry.

Among those implicated with the charges include a high ranking professional trainer, greyhound racing club president, a former steward who is the president of a peak body and a prolific trainer of greyhounds Australia.

What topped this investigation is the unearthing of a mass grave that has about 55 bodies of greyhounds in Queensland that are believed to have been killed before the investigation was aired. Greens MP John Kaye has come forward on behalf of the greyhounds and animals that were used in legislation to bring down the industry on concerns that there will be no regulations that will make this kind of inhumane acts to stop. He said that the greyhound racing industry will always bring animal cruelty as long as it involves gambling and profits.

This new Greyhound Racing Prohibition Bill 2015 will cease greyhound racing in New South Wales (NSW) by January 2016. It will also dissolve its regulatory body and offer all its assets to the Minister for racing in a venture to rehabilitate and re-home all dogs that were affected.

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