Federal MP Andrew Wilkie, along with Reverend Tim Costello, called for sports betting royal commission. Their request came after a TV documentary revealed that major sports betting companies use algorithms to drive up their profits and skew their competitors.
Wilkie said that consumers use the sites in good faith and think that they are playing an honest game. However, if the allegations were right, then players were cheated by the websites. The MP called for gambling and sports betting royal commission.
Recently, Wilkie called for a royal commission into Crown to investigate the money laundering and human trafficking allegations. A whistleblower claimed that the casino knew about the criminal activities but didn’t do anything about them.
Sports Betting Royal Commission
The MP told pay per head reviews and news outlets that the gambling industry in Australia is rotten. A national inquiry should look at all aspects of the industry, including sports betting. Reverent Costello of the Alliance for Gambling Reform echoed the MP’s call for a royal commission.
Reverend Costello told bookie software insiders that a royal commission is the only way to uncover the problems in the gambling industry. He added that no government would want to reform the Australian gambling industry due to political lobbying.
In an exclusive interview with ABC, a former bet365 employee said that they had several tactics to target winning players. He told PayPerHeadKing.com that winning players stopped winning. Also, those who lose a lot are exploited.
Investigators from ABC got several documents for bet365 insiders that showed how the company limited winning players from betting large sums of money. The company said that what they were doing was following its terms and conditions. Also, it is under Australian rules and regulations. Besides, the company can suspend or close an account for any reason.