Australian gambling service providers have welcomed the recommendations of a review into the Interactive Gambling Act which could usher in online poker tournaments and online in-the-run betting.
Josh Blanksby, director, legal and corporate affairs at Betfair, told Computerworld Australia that promoting online poker tournaments in Australia is a step in the right direction. He said overseas operators already offer these services to Australian consumers and operate in an unregulated environment.
“There’s clearly a demand for it and we’re of the view that if possible they should be betting with Australian operators where it’s much safer and controlled,” Blanksby said.
While Betfair does not currently offer online poker services to its Australian customers, Blanksby said it would look into the opportunity because of consumer demand for the services.
“We’ve got technology available to us to offer those services in the jurisdictions that it’s permitted through Europe and a few other jurisdictions. Obviously, if the licenses became available we’d certainly look at it,” he said.
In its submission (PDF) to the committee, Betfair also proposed legalising online in-the-run betting, which would allow users to place bets while a game is in progress.
While it is currently legal for in-the-run betting to occur over the phone or in person, it is prohibited the online.
The review has recommended any form of in-the-run betting, on any platform, should be allowed if it is approved by the relevant state regulator and the national sports governing body. However, micro-betting, such as play-by-play betting, should still be prohibited, the report said.
Blanksby has welcomed the lifting of the prohibition on online in-the-run betting and said the law was created in 2001 but technology and the way customers interact with the internet changed changed.
“It just didn’t make sense for one platform not to be allowed while others are,” he said.
The Review of the <i>Interactive Gambling Act 2001</i> found there could be as many as 2200 gambling services which are unlicensed and breach the IGA, with an estimated $1 billion being lost per year to unlicensed online gambling providers.
The review is now up for public consultation, which will close on 25 June.
“This is an interim report only. The government has made no decisions about possible changes to the IGA and will not do so until we have had further public consultation with interested parties,” Senator Stephen Conroy, minister for broadband, communications and the digital economy, said in a statement.
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