What do Australians excel at? Losing money when gambling

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.

Gambling advertising just became much more complicated

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.

The gambling scene in Australia is facing new advertising restrictions

According to the latest decisions taken by the Turnbull government, it seems that the gambling industry will face some drastic advertising changes from March 30 on.  While until recently gambling promotions were possible during major sports events, once the new regulations come into effect, the industry’ sadvertising possibilities will become limited.

The Australian broadcast sector codes have been adjusted through the collaboration between ACMA, Commercial Radio Australia, Free TV as well as ASTRA and Subscription Television. The announcement has been made public quickly after the industry’s revised codes of practice have been properly registered. Gambling advertisers will no longer be able to share promotional content through media during live broadcasts before 8:30 pm.

JustBet Faces Ban in Australia

Many years passed from the time when JustBet started to operate in Australia, but now it faces an imminent ban. This ban comes on the heels of the revelation that JustBet is not a registered betting organization in the country. The ban will not be painful as the fact that so many people have trusted this betting platform. Australians find JustBet as the go-to for top-tier games. Also, results show that betting returns on the betting platform are always huge because deals are done in cryptocurrency. That is in addition to the fact that deals can also be carried out in the US dollars.

Woolworths reportedly spied on gamblers, reaped benefits

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.

Star Entertainment Group – a prosperous company in modern casino industry

Star Entertainment Group is one of the largest entertainment groups in Australia. There are many casinos as well as properties of the group which are located at several locations of the country. Formerly known as Tabcorp the name was changed to Star Entertainment Group in 2015. The company also runs casinos and hotels which is the largest business part of the corporation. The Star Entertainment Group is known for the quality entertainment all over the country and therefore it is highly regarded. The quality of the services is the best and the most advanced ones which have led to the landing of several awards across all the categories. Star Entertainment Group is also known for its long list of ventures with other companies.

Mr Green’s Gaming Tool – Proactive Predictive Tool

Mr Green, an online leading gaming operator, based out of Sweden has recently launched the “Green Gaming Predictive Tool.” This tool offers complete gambling solution, and punters get an insight about their gaming habits.

Mr. Green has decided to implement the gaming tool in UK market first. Based on the player’s gambling behavior, they will assess about the trouble in gambling.

They have also planned to understand the actual behavior of customers during gambling by completing a survey. Based on the results, they will announce the unhealthy and healthy gaming habits.

Gambling Oases – The History Of US Reservations

It has been over 20 years since that momentous event when Ronald Reagan authorized the opening of gambling enterprises in the Indian reservations. Now slot machines are installed compactly in almost all the settlements of the indigenous population. Not only white Americans are becoming regular customers, but the Indians themselves nourish interest to adrenaline generating machines.

Some groups of citizens also benefit from the law: thus, there is no need for spending hundreds of dollars on crossing Atlantic Ocean or spending a couple of days at pompous Las Vegas – the new path leads gambling adherents to Indian reservation where a relatively cheap relaxation is guaranteed. In addition, online casino owners take advantage of registering their businesses in reservations, providing a legal opportunity to gamble online for gambling fans worldwide. And NBSO online casino website – perhaps, the best place to pick up a juicy casino offer. Among the legions of reservation-based casinos the true leaders emerge, such as Mysterious Lake in vicinity of Minneapolis. The casino offers as many as 2,500 slot machines in the truly modern atmosphere with slight authentic incrustations and décor, boasting a statue of Women of the Water Spirit.

Online Casino Suppliers – Cryptologic

Cryptologic finds itself comfortably among the most authoritative and influential gambling software manufacturers. The company owns several subsidiaries – WagerLogic is one of them; the branch is involved directly in the development of the software itself. Another branch division, E-Cash Direct, handles all the financial transactions of all the casino platforms Cryptologic provided. The headquarters of gambling manufacturing giant is located in Dublin, Ireland.

Asian Online Casino Market Forecast 2014

In 2001, Indian government gave the green light to Caravel casino-ship project in Goa, the only one state empowered to accommodate gambling houses. 13 years passed and today India is the 9th largest state in the world in terms of revenue from the gaming industry.

Although lottery and horse racing are the only gambling forms officially allowed here (virtual gambling is prohibited in the country), in reality bookmakers and online casinos have virtually no restrictions. The attempts to modernise gambling legislation stumbled upon the resistance of the ruling parties of India. Meanwhile, local fans of online roulette, blackjack and slot machines are playing for real in offshore websites. Analysts believe that if India doesn’t take steps to regulate the industry, the situation with virtual gambling in the country will remain unchanged.