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Peter Newell joins the online gaming debate

In Australia, Peter Newell (The President of the Land Gambling Trade Association) has joined the current debate after the recent publication by the Productivity Commission regarding online Casinos.

Of the 41 recommendations by the Commission, the most pivotal was a comment regarding and supporting the regulating of online gambling in Australia, as opposed to a total ban. It is thought that controlling by regulation will assist the fight against problem gambling and money laundering, as all customers need to be identified and validated before they can deposit money gamble online.

Arguments continue on both sides about the nature of current problem gambling caused by Australian Pokie Machines which currently have a maximum bet of AU$10. One of the Productivity Commission's proposals is to reduce this maxximum to AU$1 per bet. Other considerations include a potential cap on the amount which can be withdrawn from nearby ATMs.

In the current situation, there are no identification or validation checks on any player wanting to use a pokie machine in a land based environment. Whereas online, all customers are validated, age verified and checked against money laundering processes before they can even deposit.

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