australia

Betfair hit milestone

Wednesday, April 28th, 2010

Betfair, the online betting exchange recently hit a major milestone by passing the third millionth registered customer mark.  The company which was established a little over 10 years ago has gone on to become the global player in the betting exchange market.

The news comes as no surprise to those that have been using the Betfair [...]

Legal case to question Australian gambling licensing

Tuesday, April 27th, 2010

The recent seizure of a touch screen computer from a Melbourne pub is likely to test Australia’s outdated approach to the distribution of its gambling licenses.  The device, which simply offers drinkers internet access to Sportsbet, an Australian online sports book, is making a mockery of the existing gambling framework.

According to a report in the [...]

KPMG Report calls for change to Australian approach to online gambling

Saturday, April 24th, 2010

A recent white paper issued by KPMG, the global consultancy firm, calls for the Australian government to change its attitude to online gambling.
The report, titled ‘Online gaming: A gamble or a sure bet?’  states that Australians spent approximately $800m in 2008 at off shore online pokies and casino sites, a trend which is likely to [...]

Australia ranks 8th in world pokies stakes.

Friday, January 22nd, 2010

A recently published report has indicated that the Aussies rank eighth in the world for the number of pokie machines per capita. According to the Sydney Morning Herald, there is 1 pokie machine for every 110 Australian adults, a figure that is causing some alarm in the political circles down under.