Online bookies could be banned from offering credit lines

The legislation also cracks down on illegal offshore betting providers and clarifies the law on in-play betting.

| 09/08/2017

The measure is being sponsored by Human Services Minister Alan Tudge and is expected to pass the Senate this week.

Tudge has been campaigning for a crackdown on such lines of credit for years ever since an unemployed man with a whopping gambling debt came into his Victorian electorate office asking for help in early 2011.

"Importantly (it) bans the online gambling companies from offering lines of credit to their customers which gets people into so much trouble, having already depleted their savings account," Tudge told ABC Radio.

The self-confessed problem gambler was offered $80,000 in credit from a corporate bookmaker and blew the lot in one weekend.

Related News
Australia | 07/08/2017
Fiscal year 2017
Australia | 04/08/2017
Casino mogul remains company’s largest shareholder
Australia | 04/08/2017
Lottery games are the most popular among players