first_img FINANCIAL TIMESBLUNDER REVEALS CARBON TRADING DATAEurope’s biggest clearing house, LCH.Clearnet, has admitted that “confidential information” about trading in carbon emission allowances, including the names of individual traders, was mistakenly published on the internet. Climate Markets, which provides marketing services for LCH.Clearnet, said the information was placed on its website in error and has now been removed.GOOGLE TO TRANSLATE EUROPEAN PATENT CLAIMSTechnology could help unblock one of Europe’s oldest political impasses when Google unveils a deal today to do computer-based translations of patent material submitted to the European Patent Office. Under the memorandum of understanding, Google Translate will be applied to all patent applications flowing into the EPO.DAVIS TO HEAD INVESTMENT LOBBY AT ABIThe Association of British Insurers has hired web entrepreneur and journalist Jonathan Davis as its chief investment lobbyist. Davis, founder of the private shareholder website Independent Investor, will serve as the ABI’s new director of investment affairs, working alongside its investment committee. He replaces Peter Montagnon, who left the ABI for the Financial Reporting Council this year.GRAMERCY SETS UP OFFICE IN LONDONGramercy, the US emerging markets-focused hedge fund that shot to prominence through its lucrative trading of Argentine government bonds, is to open a new office in London. The fund manager is understood to see significant opportunities in European sovereign debt markets over the coming years.THE TIMESVODAFONE CUTS ITS EUROPEAN ROAMING CHARGESVodafone has kicked off a price war for data roaming that will sharply reduce the cost of using a smartphone abroad. Vodafone has slashed the price of data roaming to £2 a day for 25MB, enough to read and reply to 250 e-mails, access Facebook 500 times or download 65 maps. It previously charged £1 per megabyte.SHELL DECIDES TO REVAMP ITS LONDON OFFICESShell has started plans to redevelop its London headquarters on the South Bank. It has opened discussions with developers on an invitation-only basis about redeveloping the Shell Centre, built nearly 50 years ago near Waterloo Station. It houses a 27- storey tower that was the first skyscraper taller than the Victoria Tower at the Palace of Westminster.The Daily TelegraphSTUDENTS SHOULD GAIN BUSINESS SPONSORSHIP SAYS DAVID WILLETTSMore businesses should sponsor students through university, says David Willetts, as part of the government’s overhaul of higher education and workplace training. Willetts told business groups at the launch of the government’s growth strategy that planned reforms of higher education and workplace training would require companies to stump up more cash. STARBUCKS ACCUSES CADBURY OWNER KRAFT OF DAMAGING ITS BRANDKraft, the US owner of Cadbury, has been accused by Starbucks of damaging its brand as the two firms square off in a dispute unlikely to be resolved over a cup of coffee. In the latest salvo in a fight over Kraft’s right to sell Starbucks’ packaged coffee in grocery shops, the firm said Kraft failed to liaise on marketing initiatives.WALL STREET JOURNALKREMLIN PLAYS DOWN CABLES’ TAKE ON RUSSIA’S ALPHA DOG Russian officials played down the release of diplomatic documents that portray Prime Minister Vladimir Putin as the dominant ruler in a “virtual mafia state”. Newly posted documents on the WikiLeaks website include a US Embassy cable describing Putin as an “alpha dog” who calls the shots and President Dmitry Medvedev as a pale, hesitant figure who “plays Robin to Putin’s Batman”.PORSCHE SWINGS TO PROFIT Porsche said yesterday it swung to a €155m (£130.6m)??net profit in the first three months of its fiscal year after suffering a €431m loss a year earlier, and reiterated that full-year earnings are expected to be positive in 2011. It said comparison with last year was hard as previous figures did not separate Volkswagen’s earnings. KCS-content Share whatsapp Monday 29 November 2010 8:58 pm whatsapp Show Comments ▼ WHAT THE OTHER PAPERS SAY THIS MORNING by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesNoteabley25 Funny Notes Written By StrangersNoteableyWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald Tags: NULLlast_img read more

Australian ISPs to begin blocking illegal gambling websites

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Oceania Australia Email Address The Australian Communications and Media Authority (ACMA) is to begin using its powers to order internet service providers (ISPs) to block access to illegal offshore gambling websites. Australian ISPs to begin blocking illegal gambling websites Topics: Legal & compliance The Australian Communications and Media Authority (ACMA) is to enforce its powers so that internet service providers (ISPs) in the country can begin blocking illegal offshore gambling websites.The authority will instruct ISPs to target sites which continue to target consumers in the country, despite offering products such as online casino and poker, or operating without a gambling licence, in breach of the 2001 Interactive Gambling Act.The ACMA was granted the site-blocking powers in 2017, following the O’Farrell Review into Illegal Offshore Wagering. This was conducted by former New South Wales Premier Barry O’Farrell, and has seen the ACMA’s enforcement powers significantly improved, with the authority now able to impose civil penalties against offenders, and the National Consumer Protection Framework for Online Wagering launched in November 2018. In addition, bookmakers are now prohibited from offering lines of credit to customers, and a loophole allowing in-play bets to be placed over the telephone closed.“The ability to have ISPs block illegal websites will be a valuable additional weapon in the ACMA’s arsenal in the fight against illegal online gambling,” ACMA chair Nerida O’Loughlin commented.“In many cases these sites refuse to pay significant winnings, or only a small portion,” O’Loughlin explained. “Customers had also experienced illegal operators continuing to withdraw funds from their bank account without authorisation.“There is little to no recourse for consumers engaging with these unscrupulous operators.”The ACMA publishes a register of licensed interactive betting services so players can be sure services are legal in Australia. For consumers that have an account with an operator not on the register, the ACMA said that they should withdraw any funds before their ISP blocks the site.The blocking initiative will build on previous efforts by the ACMA to clamp down on illegal online gambling in Australia. Since the authority begin to enforce new offshore gaming rules in 2017, it said more than 65 illegal operators have pulled out of the country. “We have achieved this through working with other regulatory agencies, placing directors of these gambling sites on the Department of Home Affairs Movement Alert List and notifying regulators in the home countries of the sites,” O’Loughlin said.“Public education is also crucial in deterring Australians from using these sites, given many illegal offshore gambling websites target Australians by using Australian themes and images, such as the Australian flag and native animals.”Minister for Communications, Cyber Safety and the Arts Paul Fletcher said that Australians wagerign up to $400m via illegal sites each year, resulting in around $100m in lost tax revenue.“Too often these offshore operators are defrauding Australians – and their websites typically provide very few – if any – harm minimisation controls,” Fletcher said. “While ACMA has a range of powers to protect Australians from illegal gambling services – including issuing formal warnings and seeking civil penalty orders – it can be difficult to take direct action against faceless companies with no legal presence on our shores.”“This is an important partnership with the Communications Alliance, and I want to acknowledge industry’s support. Working with ACMA, these additional measures give ISPs the ability to block illegal websites, protecting Australians and contributing to a safer online gambling environment.”Image: Max Pixel Tags: Online Gambling 11th November 2019 | By contenteditor Subscribe to the iGaming newsletter Legal & compliancelast_img read more