SETTING LIMITS
Denying that offering “free” bets was adding to problem gambling,
Betfair Australia’s chief executive has suggested that all operators, including pokie venues, should ask customers to set spending limits,
according to the Courier Mail.
“I think one of the real dangers with cash-based betting is that the wagering operator has no way of knowing who's betting with them and whether that person is betting beyond what they want to spend,” Andrew Twaits told the paper.
The Courier Mail said that Mr. Twaits believes gaming companies should be advocating for all gambling to be account-based where punters can track spending.
SIGNING
London Capital Group has signed a contract to provide Saxo Bank, an online investment bank, with its trading platform, the online financial spread betting company announced on Monday.
The trading platform is now live at saxospreads.com, according to the company.
RAISING FUN
Galabingo.com’s “Mrs. Obama’s Bingo” raised £10,000 for Sue Ryder Care, a healthcare charity based in the United Kingdom, the site announced today.
Launched by Kezia Obama, 67, a former wife of President Barack Obama’s late father, the game was available Jan. 15-23 to bingo players for one hour every evening.
Gala Bingo said it will match the £10,000 raised, which will bring the donation grand total to £20,000.
“Mrs. Obama's bingo game was just one of the ongoing activities being undertaken by Gala Coral Group to meet our target of raising £1 million by 2010 for Sue Ryder Care,” said Clive Cottrell, Gala Bingo's head of marketing, in a prepared statement.
Nambling Notes is .