deucem
Rock Star
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And our American friends think they are the only ones with online poker problems.....
GAMBLERS who lose money playing internet poker or online casino games would be able to void unsuccessful credit card bets under legislation to be tabled in Parliament next month.
In a bid to crack down on illegal internet betting, the independent senator Nick Xenophon will also propose stricter advertising controls on companies with wagering products and their affiliated sites.
Although laws prohibit gambling houses from allowing Australians to play poker or casino games for money online, the Herald understands that no firm has been prosecuted for breaching these regulations, despite an estimated $1 billion bet domestically on these sites each year.
"With voided credit card bets, I have to say there's something appealing to me about online casinos losing their shirts rather than the punters," Mr Xenophon said. ''It would certainly make online casinos think twice about accepting Australian cards.''
The government is preparing for a bitter fight to introduce pokies reform under which the maximum individual bet would be slashed from $10 to $1. That change is part of a deal the Prime Minister, Julia Gillard, struck with the independent MP Andrew Wilkie to ensure his support after the election last year.
Issues surrounding betting sites hit the headlines last weekend after America's Federal Bureau of Investigation laid charges against the major players in the global online poker industry - pokerstars, full tilt poker and Absolute Poker - alleging bank fraud, money laundering and breaches of US gambling laws.
They also sought to recover more than $US3 billion ($2.8 billion) as the proceeds of crime.
Although these firms cannot advertise in Australia, some use affiliated sites - where people play for fun rather than money - to sponsor sports teams sides, with NRL clubs Cronulla and the Roosters signing such deals.
Companies offering prohibited poker and casino betting can also operate from within Australia, with the Sydney company GP Information Services, which is a subsidiary of PokerStars, running a 200-strong office in Chatswood.
Craig Meagher, a former general manager of the Sydney Cricket and Sports Ground Trust who now works for GP Information Services, refused to discuss online betting with the Herald.
Companies that breach the law can be fined up to $1.1 million a day, but none has been prosecuted, although a spokesman for the Department of Broadband, Communications and the Digital Economy said "a number of instances … have been referred to the AFP''.
Read more: http://www.smh.com.au/technology/te...ne-gambling-20110422-1drgj.html#ixzz1KIxjgMyS
The stupidity of politicians astounds me, Xenophon was elected on an anti pokies (slot machine) ticket and is trying to make a name for himself as his term in office is coming to an end.
1) It is NOT illegal for Australians to play online poker it is illegal for Australian based poker sites to let Aussies play on their sites.
2) ANY FOOL who attempted to withdraw funds after losing would NEVER get on a site again.
3) This reporter has turned this story about credit cards into an attack on the poker sites
Online poker is a special case and must be legislated and regulated as such but how do we get this fact into their stupid heads?.
GAMBLERS who lose money playing internet poker or online casino games would be able to void unsuccessful credit card bets under legislation to be tabled in Parliament next month.
In a bid to crack down on illegal internet betting, the independent senator Nick Xenophon will also propose stricter advertising controls on companies with wagering products and their affiliated sites.
Although laws prohibit gambling houses from allowing Australians to play poker or casino games for money online, the Herald understands that no firm has been prosecuted for breaching these regulations, despite an estimated $1 billion bet domestically on these sites each year.
"With voided credit card bets, I have to say there's something appealing to me about online casinos losing their shirts rather than the punters," Mr Xenophon said. ''It would certainly make online casinos think twice about accepting Australian cards.''
The government is preparing for a bitter fight to introduce pokies reform under which the maximum individual bet would be slashed from $10 to $1. That change is part of a deal the Prime Minister, Julia Gillard, struck with the independent MP Andrew Wilkie to ensure his support after the election last year.
Issues surrounding betting sites hit the headlines last weekend after America's Federal Bureau of Investigation laid charges against the major players in the global online poker industry - pokerstars, full tilt poker and Absolute Poker - alleging bank fraud, money laundering and breaches of US gambling laws.
They also sought to recover more than $US3 billion ($2.8 billion) as the proceeds of crime.
Although these firms cannot advertise in Australia, some use affiliated sites - where people play for fun rather than money - to sponsor sports teams sides, with NRL clubs Cronulla and the Roosters signing such deals.
Companies offering prohibited poker and casino betting can also operate from within Australia, with the Sydney company GP Information Services, which is a subsidiary of PokerStars, running a 200-strong office in Chatswood.
Craig Meagher, a former general manager of the Sydney Cricket and Sports Ground Trust who now works for GP Information Services, refused to discuss online betting with the Herald.
Companies that breach the law can be fined up to $1.1 million a day, but none has been prosecuted, although a spokesman for the Department of Broadband, Communications and the Digital Economy said "a number of instances … have been referred to the AFP''.
Read more: http://www.smh.com.au/technology/te...ne-gambling-20110422-1drgj.html#ixzz1KIxjgMyS
The stupidity of politicians astounds me, Xenophon was elected on an anti pokies (slot machine) ticket and is trying to make a name for himself as his term in office is coming to an end.
1) It is NOT illegal for Australians to play online poker it is illegal for Australian based poker sites to let Aussies play on their sites.
2) ANY FOOL who attempted to withdraw funds after losing would NEVER get on a site again.
3) This reporter has turned this story about credit cards into an attack on the poker sites
Online poker is a special case and must be legislated and regulated as such but how do we get this fact into their stupid heads?.
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