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Gambling Commission says it was misled by Ladbrokes in Black Dave case • Long-running non-runner story draws to a close • Commission publishes warning over Rule 4 deductions Last modified on Wed 4 Jul 2018 16.30 EDT David Evans was fined last year by racing’s ruling body for delaying notification of a non-runner.Photograph: Julian http://jackpotscx0.cdw-online.com Herbert/Getty Images The Gambling Commission has said it was misled by Ladbrokes during its investigation into the Black Dave case, which ended on Wednesday with a statement warning bookmakers about their handling of Rule 4 deductions in horse racing. The trainer David Evans was fined last year by racing’s ruling body for delaying notification of a non-runner, Tango Sky, so that he could back his other entrant, Black Dave, before its odds shortened, and he told Ladbrokes of his plan to withdraw Tango Sky at the time of placing his bet. Ladbrokes had maintained it could not be sure, three years after the event, of the reason why it shortened the odds of Tango Sky shortly after Evans’s bet. However, the Commission found proof it did so “in order to maximise Rule 4 deductions” from winning bets already placed, and that Ladbrokes “had failed to appropriately review all information available to them prior to initially providing … inaccurate explanations”. Donnacha O’Brien: ‘I know if I mess up, I’m not going to lose any rides’ But Ladbrokes escaped punishment because its actions did not amount to a breach of the Commission’s licence conditions or code of conduct and the case pre-dated the Commission’s public statements about the fair application of Rule 4. Ladbrokes was given credit for bringing the case to the attention of racing’s regulator on the day of the race. It is understood the firm saved itself a mere £7.70 by trimming Tango Sky’s price in what was a weak race for turnover. The Commission has now set out the manner in which it expects all firms to apply Rule 4 and officials apparently regard this as a “line in the sand” moment. A Ladbrokes Coral statement said: “Our initial understanding of what had occurred when the price was changed proved to be incorrect, a fact that became apparent when we looked into the specifics.” It added that shortening Tango Sky’s odds was contrary to its trading policy at the time and that it has since emphasised to its traders that markets must be suspended immediately if they receive such information in future.
For the original version including any supplementary images or video, visit https://www.theguardian.com/sport/2018/jul/04/gambling-commission-say-ladbrokes-misled-them-in-black-dave-case-horse-racing
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The New South Wales (NSW) government heard protests from anti-gambling groups who complained that online casinos were enticing players to gamble by offering them a wide range of free bonuses or welcome bonuses to get them to create an account and start playing for real money. Online casino rooms in NSW have looked to capture market share http://jackpotsb2r.justaboutblogs.com by offering new players a string of different ‘free’ perks which come in the form of no deposit bonuses, free cash or free spins. However – none of these bonuses are actually ‘free’ as they come with wagering requirements and a number of terms and conditions which make it difficult for players to withdraw any funds they might have won without fulfilling the attached terms and conditions. The NSW government passed an agreement in late 2017 which came into effect earlier this month preventing iGaming operators from offering any free bonuses to get players to sign-up. Any operator who violated this and continued to offer free perks would be hit with a A$55,000 fine. This was a victory for anti-gambling lobbyists who felt that they had put an end to these free bonus temptations. Billionaire Rupert Murdoch Gaming Sites Exempted However it appears that this new law will not be applied to Billionaire Rupert Murdoch and his gaming sites. The Liquor and Gambling NSW agency published guidelines which says that this agreement cannot be enforced on advertisements and promotions that deal with racing content. News Corp Australia which is one of Murdoch’s companies owns Punters.com.au which will still be allowed to offer freebies. In a statement, Stephen Mayne, spokesperson for the Alliance for Gambling Reform said The Murdoch interests have a long history of profiting from the gambling industry and prevailing on governments for regulatory favours, so the carve-out from the NSW ban on inducements for News Corp's Punters.com.au business is disappointing but comes as no surprise Australia has witnessed a surge in gambling in recent years and problem gambling numbers have increased. NSW has a reputation for being one of the most gambling dense jurisdictions in the world with over $7 billion a year being lost on just pokies.
For the original version including any supplementary images or video, visit https://www.legalgamblingandthelaw.com/news/new-south-wales-new-gambling-advertising-law-causes-a-stir/
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