Victoria, Australia to Ban Sports Betting Ads
- Details
- Created: Sunday, 21 August 2016 19:02
Victorian Government in Australia is looking to ban sports betting ads according to Gaming Minister, Marlene Kairouz. In a recent interview, the State Government is looking to submit a proposal that would ban all sports betting ads that are near schools and in public transportation in Victoria, Australia.
Kariouz said that “What we’re wanting to do is ensure they’re no longer exposed to betting advertisements while they go to and from school each day.”
A majority of the Australian population supports the ban according to the Gaming ministry as it would also restrict gambling advertisement in places that are frequently used by minors.
No details have been released as to which places would be banned but that they would eventually be worked out during the consultation phase. According to the latest statistics, sports gambling problems have already cost the community of Victoria between $1.5 billion to $2.8 billion per year.
Read more: Victoria, Australia to Ban Sports Betting Ads
Write comment (0 Comments)
Good news for the Nova Scotia Provincial Lotteries and Casino Corporation as their revenue for their lotteries and Video Lottery Terminals has increased their revenue from $396.6 million in 2014-2015 to $441 million for the 2015-2016 year.
Every year, about 100 new sportsbooks are created and every year about 95% of these companies go out of business by the end of the NFL season. These are the new and small operations that give out 100% cash bonus or even up to 200% bonus in free play in order to get started.
San Jose, Costa Rica –CRSportsBet.ag, an online gambling and entertainment company based out of San Jose, Costa Rica announced today that it now offers Bitcoin and Ria Money Transfer as a banking method for all of its sports betting and gambling services.
Fantasy Sports has gained in popularity in the last decade and in fact has paid out over $3 billion in fantasy sports winning in the last year and over $250 million in entry fees. Missouri residents; however, are currently not allowed to play contests for prizes and fans of fantasy sports in Missouri are eagerly awaiting on whether or not the bill allowing them to legally take part in fantasy sports will be accepted.
On Wednesday, the U.S. Congress decided to study the legalities and the future of daily fantasy sports after months of individual legislative battles by several states. This year, ten state attorney generals have ruled that daily fantasy sports that include fantasy football, fantasy baseball and such are in violation of state gambling laws.
San Jose, Costa Rica – Costa Rica based CRSportsBet.ag, an online gambling and entertainment company, announced today the acquisition of FastWager.com, an online sports betting company known for having reduced juice betting, strong financial backing and excellent customer service.
