The thoroughbred racing controlling body in Australia – Racing Australia, in other words – will allegedly enforce new rules beginning with next month. The rules have been designed so as to ensure that affiliates do not bet their money with offshore gambling operators.
Against all odds
At present, Australian punters are captivated by illegal offshore wagering. Firms offer better chances of winning and ROI to entice, along with anonymous wagering, to entice bettors. The industry does not make any money from race field fees. It has been estimated that unlicensed bookmakers cost the country’s horse racing industry $300 million each year. The reason for this is that they cannot impose race field fees. As stated in The Sydney Morning Herald, the offshore market is likely to grow as high as $664 by 2020. (more…)
Online gambling seems to have taken an interesting turn in the country, as reported by the well-known market research enterprise – Roy Morgan. It seems like more Australians are using their mobile devices to make bets, while the overall number of gamblers is currently lower than it used to be back in the day. While the status of the local gambling environment is still being researched, there are a few easily noticeable facts that come to the public’s attention. (more…)
When visiting Australia one thing that will hit you in the face is that they have electronic gambling machines at every step. What effect does this have on people’s savings? Well, the majority of them are not able to save a single penny, because they lose around 24 billion Australian dollars annually. Australia has registered the greatest losses in the world when it comes to gambling.
Here there are numerous forms of gambling, people have access to pokies, casinos and multiple types of electronic gambling machines. The losses reported in Australia are the greatest in the world because they have these machines installed everywhere, not only inside casinos, like other states of the world have. Every hotel, restaurant, and pub has an area dedicated to gambling. What the majority of Australian citizens do not know is that the biggest brands in their country are also the greatest pokies operators. One example is Woolworths – the most well-known supermarket chain of Australia, which also happens to be specialized in installing gambling machines around the country. (more…)
Supermarket chain Woolworths has a set of Pokies-owning pubs that are under investigation after reports show that the staff kept tabs and wrote down personal details about gamblers in order to keep them gambling for longer. An issue that is against many rules that the pubs swore to abide by.
This has occurred after screenshots were shared with federal and state authorities in Australia that showed a digital database that was shared between over 400 pubs. These included the names of certain patrons, their gambling habits, and even which football team that they followed. This information was given by a whistleblower to federal MP Andrew Wilkie, who is investigating the pubs. (more…)