William Hill Sports Leaves Australia for Vegas
- 06/13/2012By Maria McCoyGoogle
The United Kingdom based bookmaker, William Hill, has decided to close its Australian online sports betting site and instead launch in Las Vegas.
In an email sent to players the top rated online casino wrote, “Please be advised that we have taken the decision to withdraw our sports betting service for any customer registered in Australia.” The company requested that its Australian players begin account withdrawals from the cashier.
Online casino companies operating in Australia are cognizant of the Interactive Gambling Act of 2001, which regulates interactive gambling services by placing restrictions on certain services and targets the suppliers of interactive gaming services, not their potential or actual customers.
Violators of the law could be penalized with fines up to $1.1 million per day. An online casino games company has never been tried for violating the law in Australia.
Director of the Center for Gaming Research at the University of Nevada, Las Vegas, David Schwartz, said the online casino games company’s decision to leave Australia may be connected with the company’s desire to do business in Nevada, where failure to comply with laws elsewhere could jeopardize the possibility of receiving a license.
“Clearly this is a priority for them, Nevada,” Schwartz said.
Since the state of Nevada is the only US state to currently legally permit sports betting, William Hill is hoping that its strategic maneuvers will help in the approval process of their Nevada gaming license at the end of June.