Guys,

I have a mate who wants to get involved in the .au Gambling space...

Do any of you have any casino/gambling sites? If so, please PM me with details.

Thanks

You may want to tread carefully in this area.

As far as I am aware, the Interactive Gambling Act (IGA), passed in June 2001, made it an offense to advertise an interactive gambling service or product - the advertising ban extended across all forms of media (from electronic to print).

Andrew

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Yeah I would tread carefully.

Back int eh late 90's and early 2000's I worked with a lot of peeps in the adult and gambling arena online. Certain speed bumps with adult stuff were easy to get around with offshore hosting etc, but gambling was a nightmare. (From memory the only gambling sites the guys had running were in Cabo, and for good reason...)

It was nearly impossible to do anything gambling related online in .au - unless you actually owned a physical casino.

Definitely been too long out of the loop, but legal advice is the only real way you'll go forward.

T

Hello everyone,

I'm not up to speed with the laws in this area. I'd follow up on the relevant legislation, giving particular attention to whether the law stops you advertising for a site that advertises gambling? 2nd/3rd tier. Just a thought for discussion.

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Is this still in force? Sports betting is all over sports TV now, footy games, even the footy show!

So noone owns any top tier gambling sites that they want to email me confidentially about?

Online gambling 'to double by 2012'15:50 AEST Thu Apr 15 20101 hour 20
Australia stands to rake in the dollars if it relaxes online gambling restrictions, a new report suggests.

Australians spent about $790 million playing poker and other casino games through offshore websites in 2008 - and the global market is set to almost double by 2012.

The estimate gives weight to calls for Australia to rethink its prohibition of online gambling, the report by international accounting giant KPMG says.

There's a wealth of revenue to be made if Australia can shape and expand the market, which is set to explode given technological advances in mobile phones and other devices.

"It is an underground economy that could become authorised with a sustained period of re-regulation and expand significantly," KPMG's Anthony Travers said in a statement.

The KPMG report Online Gaming: A Gamble or a Sure Bet? projected the global market was likely to expand by 42 per cent to more than $32 billion by 2012.

Australia could harness the money spent on offshore websites if it relaxed restrictions, something other governments, including the United States, have been working towards.

A federal Productivity Commission draft report has recommended the government consider regulated access to local gaming sites, rather than all-out prohibition.

The commission's final report has yet to be released.

The act can be found at - http://www.comlaw.gov.au/comlaw%5Cma...1?OpenDocument

I haven't spent a whole bunch of time reading through it but "excluded" activities include Sports Betting and Lotteries/Keno.

My personal interpretation of the intention of the moratorium and subsequent act was that it was mainly designed to quash the introduction of online casinos - however I could be wrong, I am not a lawyer and this is not legal advice.

Andrew

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Australian Gambling Processor Tycoon Arrested in Las Vegas

<< Federal agents have announced that they have arrested Daniel Tzvetkoff, an Australian citizen, on charges that he assisted in processing more than $500 million of illegal gambling transactions over the Internet early Friday morning in Las Vegas.

He is facing four charges of bank faud, money laundering, conspiracy to operate and finance an illegal gambling business and processing electronic funds transfers in violation of the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006. >>

http://news.bluffmagazine.com/intern...s-vegas-10276/

<< Details of Tzvetkoff’s life began to be known in a May 2009 article that appeared in the Courier-Mail, an Australian news outlet. Tzvetkoff purportedly owned numerous luxury cars and a $29 million house. >>

http://www.pokernewsdaily.com/intern...as-vegas-9864/