This comes after the Human Service Minister Alan Tudge acquired support from other cabinet ministers and other key stakeholders in a plan to eradicate in-play betting, imposing a ban on the credit betting, incorporating fresh customer protection as well as dealing with the unlicensed offshore operators accordingly.
Nonetheless, the representative of Australian bookmakers such as bet365, Betfair, William Hill and Sportsbet, the Australian Wagering Council could not hide its disappointment claiming that the eradication of in-play betting would be a backward step since most bettors have using it for some time now.
The Chief Executive of the AWC Ian Fletcher claimed that many Australians are already playing in-play betting in the unlicensed offshore providers and this trend will continue until the federal government comes up with strategies with which the licensed betting operators will be awarded with the mandate to offer the service.
However, some wagering operators have supported the move by the government. Tabcorp’s chief operating officer for wagering and Media Craig Nugent claimed that the problem of unlicensed in-play betting has been in existence for long and the move by the government in eradicating it, banning credit betting as well as apprehending those involved in the unlicensed offshore operators will be crucial in bringing in an equitable betting platform across Australia.
Tatts Group heads claimed that this move will be crucial as they (Tatts Group) and Tabcorp now stands a better chance of boosting their income generation and will also be crucial in protecting the betting patch. By creating a level playing field, the two firms will now stand a chance of making it back to the double-digit online growth.