Aussie Federal Government Puts Off Report on Online Gambling

Feb 10, 2013
Aussie Federal Government Puts Off Report on Online Gambling
The general public in Australia, as well as the industry, are asking the federal government to promptly release its review of the nation's online gambling laws because of dual threats of drugs and corruption in Aussie sports. Actually, the most popular sports and clubs in Australia receive many millions of dollars in sponsorship from betting companies, online ones included. The question is how much sponsorship and cuts of bets placed through their intellectual property the main sports received each year from betting companies ? Trying to answer this, the NRL said it received more than A$2 million, with its individual clubs receiving unspecified amounts. Interestingly enough, the recent media reports had revealed that major Australian bookie Tom Waterhouse had payed almost A$50 million to become the NRL's official betting partner.
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