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Gambling News: Australia bans live betting

04.29.2016     06:38 AM     Printer Friendly

SportsMemo.com blog entry.
The Australian Government just placed a ban on live in-game sports betting via the internet which reportedly accounts for around 15% of its market.


“I think it’s a win for the lazy, traditional monopoly wagering operators in Australia who are more interested in protecting their monopoly than giving consumers what they want. It is a sad day for Australian consumers and I think the big winners today are the illegal offshore operators who will be able to continue to operate uninhibited.”

"I think it's been a very competitive market and in competitive markets boundaries can be stretched," Mr Attenborough told Fairfax Media. "I think its good to see the government actually providing clarity on where those boundaries will be set going forward. And what's important in competitive markets is you need to have clear boundaries so all players can operate within those boundaries."








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