Recent news reports have announced that an illegal Internet gaming company has established itself in Australia. Moreover, the company, which requires staff to run its affairs, has advertised various vacant posts in the Australian newspapers despite the fact that online gaming is illegal in Australia. Since the company is not paying taxes and is illegal, it has to pay fines of $1.1 daily.
Party Poker, which is among the poker sites that have established their online poker business in Australia, is about to recruit a marketing expert for its branch in Australia. The company has its headquarters in Gibraltar. If selected, eligible candidates will be based in Sydney and are expected to leverage Party Poker’s position to the top of the online poker market in New Zealand and Australia.
Australia’s Interactive Gaming Act of 2001 does not permit any online gaming company, either offshore or in Australia, to offer online gaming to anybody who is currently residing in Australia. An individual who violates this law will have to pay a fine of $220,000 per day; and a company that violates this law will be fined $1.1 million per day.
The federal government, unfortunately, is not doing anything about the matter of enforcing laws on online gambling. So far, Australia has not enforced any law to restrict online gaming activities.
Next week, the latest draft of the commission’s final report will be released. In the meantime, the online gaming industry hopes against hope that Australia will raise the ban on online gaming in general and online poker in particular.