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Federal Police have been asked to take action under the Interactive Gaming Act (IGA) against an as yet-unidentified Australian -hosted online gambling site. The request came from the government’s communications and media regulator, the Australian Communications and Media Authority (ACMA), and was revealed in a new discussion paper on a review of the IGA Click on the title to read more Federal Police asked to investigate Australian online gaming business Daniel Tzvetkoff, founder of the collapsed Australian payment processor- Intabill, is believed to have been released from his US prison cell. He has apparently become an informant for the FBI, revealing how, and where, US online poker sites processed credit-card transactions from US players. Tzvetkoff’s decision to co-operate with the FBI has caused chaos in Click on the title to read more Australian man causes chaos in US online poker industry. It describes itself as the love-child of sports betting and social networking. Blokey, irreverent and surprisingly based in Adelaide, are three other descriptors that fit a new online business called puntclub.com. And with Australia set to down tools, as every year, at 3pm on the first Tuesday of November for the annual running of the Click on the title to read more Puntclub.com, love-child of sports betting and social networking Con Kafataris listed Australian bookmaking company, Centrebet (ASX Code:CIL) has reported revenues from online sports betting, and racing in particular, were the star performers in its business over 2008-2009. An investor presentation lodged with the Australian Stock Exchange (ASX) along with its latest profit report revealed Australian online betting revenues jumped 23% for the year Click on the title to read more Centrebet reports Australian online sports betting revenue up 23% |
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