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Australia: No such thing as a losing bet under proposed change to online gamblingTom ReillySyndey Morning Herald Apr. 23, 2011 |
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 First off, this would just encourage people to gamble like crazy, talk about moral hazard! Second off, this is just advocating outright theft. Typical political "solution" though, I suppose. - ChrisGAMBLERS who lose money playing internet poker or online casino games would be able to void unsuccessful credit card bets under legislation to be tabled in Parliament next month. In a bid to crack down on illegal internet betting, the independent senator Nick Xenophon will also propose stricter advertising controls on companies with wagering products and their affiliated sites. [...] "With voided credit card bets, I have to say there's something appealing to me about online casinos losing their shirts rather than the punters," Mr Xenophon said. ''It would certainly make online casinos think twice about accepting Australian cards.'' Read More 
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