|Leading betting exchange group Betfair could soon be able to operate and advertise its services in Australia’s most populated state following a High Court ruling last week.|
According to a report in The Sydney Morning Herald, the ruling of the highest court in Western Australia against legislation prohibiting residents from placing bets using Betfair’s online exchange could now see the operator branch out nationwide, including into New South Wales and the metropolis of Sydney.
Alan Cameron, head of a Government review into whether Betfair and other online operators should be allowed to operate in the state, told the newspaper that his gut reaction was that the ruling would see operations begin soon. He stated that this could happen even before he submits his findings in July as the ruling had put ‘significant obstacles’ in the way of steps to prevent Betfair from operating in Australia.
The newspaper quoted industry players as stating it was likely that Betfair, which has a wagering licence in Tasmania, would be allowed to operate and advertise in all of the nation’s six states and two territories. However, the Government of New South Wales stated that it is seeking advise from the Crown Solicitor over the implications of the High Court decision in Western Australia.
'State Governments are rapidly losing control over their wagering markets,' said Bruce Tobin, Spokesperson for wagering and gaming firm Tabcorp.
Critics do not like Betfair because it allows punters to bet on losing horses and, many opponents claim, increases the likelihood of race rigging as it is easier to fix a horse to lose than to win.
'It's an inevitable consequence that they probably will be allowed in every state across the country,” said Barrie Fletton, Wagering Chief for Australian gaming company Tatts Group.