iGB Affiliate 57 June/July | Page 10

WEBMASTER NEWS ONLINE IN-PLAY BETTING TO REMAIN ILLEGAL IN AUSTRALIA AUSTRALIA’S FEDERAL GOVERNMENT has said that online in-play betting on live sports events is to remain illegal in the country, with plans in place to close loopholes that currently allow bookmakers to offer such services to punters. According to the Sydney Morning Herald, the government is also now keen to introduce ‘disruption’ tactics to stop Australian nationals from gambling with illegal offshore operators. While the government stopped short of saying it will block unlicensed sites, the strategy will include naming and shaming sites and their operators, as well as working with banks and credit cards in the country to stop payments. The decision followed Social Services Minister Alan Tudge releasing a muchanticipated review of illegal offshore gambling by former New South Wales Premier Barry O’Farrell on 28 April. Australia currently operates under the 2001 Interactive Gambling Act (IGA), which states that while bets on live games can be taken at retail outlets or over the phone, operators cannot offer such services online. Some brands, including William Hill and Paddy Power Betfair-owned Sportsbet, are bypassing this by using voice-overinternet protocol (VOIP) technology to allow punters to place bets by clicking a button and confirming the wager with an automated phone call. However, Tudge has said the government plans to introduce legislation that will block this loophole and has urged bookmakers to cease offering online inplay betting. “We are of the view that they have been in breach of the intent of the law, if not the actual law,” Tudge said. While Australian operator Tabcorp welcomed the decision, Ian Fletcher, CEO of the Australian Wagering Council, representing brands including William Hill and Sportsbet, criticised the decision to retain an ‘archaic’ ban on online in-play betting, adding that the government will miss out on millions in tax. PAYPAL TO END GAMBLING PROTECTION IN SEVERAL COUNTRIES PAYPAL HAS ANNOUNCED it is to stop protecting payments made by customers for online gambling transactions in a number of countries, including the US, Canada and Brazil. The online money transfer giant will amend its Payment Protection policy and User Agreement, with the changes impacting buyer and seller protection, as well as dispute resolution. Paypal’s updated list of ‘ineligible items’ for protection will include “gambling, gaming and/or any other activity with an entry fee and a prize”. The move will also impact customers in certain countries that use Paypal for making payments to crowdfunding projects. “This is consistent with the risks and uncertainties involved in contributing to crowdfunding campaigns, which do not guarantee a return for the investment made in these types of campaigns,” Paypal said, according to the BBC. BETFRED EXTENDS SPONSORSHIP OF WORLD SNOOKER CHAMPIONSHIP BETFRED HAS RENEWED its title sponsorship of the World Snooker Championship through to 2019. Under the extended deal, the event will continue to be known as the Betfred World Snooker Championship. This year’s edition of the tournament concluded in May and was won by English player Mark Selby, who beat China’s Ding Junhui 18-14 in the final. Betfred boss Fred Done said: “We are proud to continue our sponsorship; it is an iconic much-loved event high on the sporting calendar. “We were well up for extending our sponsorship but the viewing figures throughout the world, and particularly in China, certainly got it over the line.” CHERRY TO ACQUIRE COMEON CHERRY HAS AGREED a deal to acquire 49% of the shares in ComeOn, with an option to also purchase the remaining 51%. Although the financial terms of the agreement were not disclosed, Cherry said in a statement the acquisition would compliment its existing brands and positions in markets such as online casino and sports betting. Cherry also said that the deal will “significantly strengthen” its position in the Scandinavian markets, as well as provide “great” opportunities for continued international expansion. 6 iGB Affiliate Issue 57 JUN/JUL 2016 ComeOn, which operates under a number of brands such as ComeOn.com and Mobilbet.com, had 1,112,932 registered customers as of the end of December 2015, of which 109,608 were active. “This acquisition will strengthen Cherry’s position in online gaming against competitors in Scandinavia and other European markets,” Cherry chief executive Fredrik Burvall said. “Both Cherry and ComeOn are growing considerably faster than the market as a whole, which facilitates further investments in existing brands and continued expansion in new markets. “We will add several strong brands and will profit from the strong entrepreneurial spirit within ComeOn.” Hans Martin Nakkim, a spokesperson for ComeOn, added: “Just like us, Cherry is growing quickly with a multi-brand strategy and we see a lot of potential synergies between the companies. “We look forward to staying operationally involved with the new ownership, while still having a big stake in the future growth of the consolidated Cherry.”