Australians will have the possibility to enjoy a new panel called the gambling and integrity panel. The Esports Games Association Australia is the one who has the initiative to create it, and now it is close to its launching date. The esports market is similar to the classic sports one, gambling providers are the ones who influence both of them. Stakeholders considered this concerning and after multiple notifications, the EGAA decided to take measures to assure people that integrity is a priority, even in esports. Considering that the Internet is full of threats, there is no surprise that there were identified factors that may have a negative impact on integrity. In order to prevent harm from being done, the majority of tournaments and leagues have shared their enactment with the actions they will take to fight risks. The purpose of this initiative is to organize competitions that are based on integrity.
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.
Since the Australian Government took the unpleasant decision of banning lottery betting, Australians got revolted and took the initiative by organizing a powerful petition signing event. Australians call out on the Government to leave the decision behind, as it has no utility whatsoever and it only keeps the citizens from doing what they want. Around 16 000 people signed the petition already, and the number is continuously growing. This public response was the appropriate reaction to what happened later, considering that the industry of lottery betting gained no less than 700 000 customers.
The Australasian Gaming Expo 2018 will be taking place between 14 – 16 August 2018 and it will gather for the 28th year in a row, leading enterprises in the industry. The Gaming Technology Association is once again the organizer, and the big event will take place at the International Convention Centre Sidney. For those that activate in the accommodation industry, but also casinos and clubs, attendance is a no-discussion topic.
Queensland is known for the initiatives they take in order to improve the economics of the territory. So there is no surprise that they decided to bring the world’s most well-known investors in casino industry to the region in an attempt to improve the state’s finances. The officials of the eastern Australian state decided to reach the representatives of the most noticeable casino brands from Macau and Las Vegas in order to understand how they can successfully invest in this domain. They know that the best strategy to attract casino operators to Australia is to travel to the City of Lights, meet with the casino companies and present them the benefits they will have if they will choose to invest in Queensland. Queensland will be represented by Kate Jones when the delegates will travel to Las Vegas and Macau. She is the Queensland Tourism Minister, so she is the right person to negotiate with casino operators.
Free-to-play sports games grow in popularity, and two big players in the industry are ready to sign another partnership in this regard.
By prolonging the contract with Sportsbet, Sportscaller introduced to their clients a series of social betting games, games that are due to satisfy the client’s passion for two of the most loved sports across Australia: rugby and football. The localized titles will offer jackpots that pass AU$350,000 (US$263,480). Sportscaller claimed that these games are developed to help the company increase the acquisition and retention potential.
On Tuesday, May 1, the Victorian Government established the state’s budget for 2018-2019 but, in spite of rumours of a point of consumption tax being introduced for corporate bookmarkers, lawmakers did not include this topic on the agenda.
Lawmakers from several other Australian states declared that they would introduce a point of consumption tax in order to receive part of the income that remote gambling operators made on their territories. During last year’s talks, the Victorian Government expressed their intention of taking similar measures, but it seems that it will not happen too soon.
DraftKings mentioned that launching daily fantasy sports (DFS) to Australia could end up being more profitable than people expect. Bringing DFS to more markets is the company’s goal since forever. DFS wants to expand internationally and carefully assess what the results will be. The next location for the DFS opening in Australia. DraftKings announced that DFS got all of their legal licenses to launch the company here. The only region that is not included in what DraftKings planned is South Australia, which seems to have its own gaming regime. Yet DFS will reach around 20 million persons in Australia, which is quite impressive.
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.
People got used to the many ads popping on television, radio or other digital sources in terms of gambling. Well, this is no longer allowed due to the tighter regulations set by the government. Tabcorp, which is entirely based on online sports and horse racing betting will suffer tremendously given the new regulations. Promotions that are somehow related to gambling or betting in any way will be entirely banned. Even though punters considered these ads extremely helpful, they are now unavailable. Chasing expected losses is no longer considered ethical, and live betting encourages impulse betting. This is the main reason why the NSW Government makes active efforts to reduce the harm of gambling ads.