Australia All Set to Bet Against Offshore Gambling Operators
Australia is a dream for world’s leading gambling operators. Residents of the nation gamble through a number of well known online gambling companies like Betspin Casino, Guts Casino and Casino Mate. There are dark clouds, however, for these companies in the offing. The Australian government is all set to change the present online gambling legislation by Christmas 2015.
Non-existent legislative concerns
The rationale of such an action by the government is that gambling operators operating offshore have freedom to target Australians sans any legislative concerns. Nick Xenophon, a Senator famously compared the present 2001 made legislation to a legislation made 140 years back. The minister of social services, Scott Morrison, have been opted to do a due review of the 2001 era Interactive Gambling Act.
Morrison has tried to allay the concerns articulated by the offshore gambling operators when he elaborated that his government has started this review with no “preconceived ideas”The minister also assured the operators that the contemporary administration will act honourably all through the process. In contrast, Senator Xenophon seems to have already taken a decision, with him drafting a changed legislation which will demand a complete ban to be enforced on gambling marketing and in-play betting during sports events.
About two years before, in 2013, a review into 2001 legislation found out that the issue of in-play betting can be legalised with respect to sporting events outcomes. No subsequent action, however, was taken post the publication of the 2013 review. It seemed that offshore operators will determine future of the action of in-play betting. The social services minister has outlined that he will tap insights of international regulators and also gambling operators prior to determine the new legislation by end 2015. The most possible outcome at this point of time is that gamblers can protect themselves through the self-exclusion register created at the national level.