Party Poker singes the Australian government
Whilst it is true that the Australian government has not
been exactly ferocious in enforced its laws against
online gambling, the fact remains that the Interactive
Gaming Act 2001 does make it an offence for any company
in Australia or overseas to provide online casino games
to any person who is ''physically present in
The punitive fines attached to such
activities are no joke, either - up to A$220 000 a day
for individuals, and A$1.1 million a day for companies.
All the more surprising, therefore, that
Gibraltar-based Party Poker.com has been so bold in its
recruitment efforts and statements of intent on
Over the weekend the Sydney Morning
Herald latched on to the story, reporting that Party
Poker is "...setting up office in Australia and
advertising for staff even though the business is
prohibited, not taxed and subject to fines of up to $1.1
million a day."
This apparent singeing of the
'King of Australia's' beard apparently includes
"...advertising for a head of marketing in Australia,
based in Sydney, to 'leverage the brand at the forefront
of the poker market in Australia and New Zealand'''.
The SMH claims that the Interactive Gaming Act 2001
has never been enforced, with the government Downunder
making no attempt to restrict the activities of online
poker games or online casinos.
And it notes the
Productivity Commission's recent draft report into
gambling, which estimated that A$790 million flowed
offshore to illegal online sites in 2008, without any of
it recouped in tax.
"Internet gambling is also
the fastest-growing type of gaming and is estimated to
have tripled its earnings from Australians between 2004
and 2008," the SMH report informs.
commission's final report is due next week and industry
players expect it will recommend the government overturn
the online gaming ban.
The SMH article quotes
from Party Poker's advertisement that it is a
''...growing online poker business in Europe with plans
to enter the Australasian market''.
wisely at this point, the parent Party Gaming group did
not respond to a request for comment!