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The Suite Blog >> Remote Control Gambling Soon in Victoria, Australia

 

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February 23, 2008 - It shouldn't be news that Australia has a pretty thriving casino gambling industry. And although they are known for some very strict gambling policies (err...monopolistic gambling policies), Australia is credited with launching the first government regulated, albeit government owned, online casino. Australia's megalithic gambling company, Lasseters, now operates two online casinos and a large sportsbook. But they're not the only one's. There's another Australian gambling company that has reached monopolistic status.

TAB, which is also a giant media outlet (they own Sky Channel & 2KY Radio), specializes in fixed odds wagering. They operate four land-based casinos, thousands of gaming machines, and an online sportsbook and racebook (thoroughbred racing) for both the NSW and VIC gaming jurisdictions. And very soon, they will be operating a betting platform that will allow gamblers to place bets from televisions.

Called "remote control betting", the technology has already been approved by the Victoria State Government, thus giving TAB exclusive rights to offer the gambling service. Similar to online betting, the only difference is that bettors will be able to make bets while in the midst of viewing races and games. It's like Pay Per View movies for the gambler.

True to Australian gambling regulation, bettors must first fill out a long application (with referrals) before funding an account to make real money wagers. Furthermore, each time a bet is made through the remote control betting interface, a secret pin code must be supplied. Despite these security protocols, some members of government, like Senator-Elect Nick Zenophon, are concerned about the service. Xenophon's sentiments are that all forms of gambling should be controlled by the Commonwealth, rather than States. He believes other states will follow the lead of Victoria.

Originally published: February, 2008 | Categories: Gambling

 

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