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AUSSIE COURT FINDS SPORTSBET GUILTY
01st June, 2012 at 10:24:20
Found to have offered free inducements for opening betting accounts
The long running case in which the Australian State of Victoria's Commission for Gambling and Regulation brought charges against Betfair
, International All Sports Limited trading as IASBet.com, Sportsbet and Betezy Limited for offering free inducements to punters for opening betting accounts has ended with Melbourne Magistrate Julian Fitz-Gerald finding Sportsbet and All Sports Limited guilty.
According to a report in The Age, Fitz-Gerald ruled that Sportsbet Pty Ltd's website advertisement was an offer rather than an invitation to make an offer for a contract and the company was fined AU$3 000.
IASbet.com was fined AU$4500 in relation to the six charges brought against it.
Sportsbet has included a website disclaimer on the offer that effectively bars Victorian residents saying it will consider its options and may appeal the decision.
Related News Tags: Australia, Betfair
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