Gambling Board to crack down on bookmakers!

Brent Graham wrote: You guys might remember a punter who took a bookmaker to the Gambling Board and also to court around a payment dispute a couple of years back?

Seems this triggered a Gambling Board investigation into the online industry including the limiting of winning customers.

I received an e-mail yesterday from the punter (an occasional poster on this forum) confirming that the Gambling Board will this week be issuing new rules to online bookmakers and 2 of the changes will be very relevant to many of us.

Firstly bookmakers will not be able to limit players at their own discretion as they currently do. A minimum payout of 20k will need to be guaranteed on every bet struck on their site.

Secondly while bookmakers will be entitled to close the account of customers deemed to be partaking in fraudulent means (multiple accounts etc.) this cannot be done just because a client is winning and the onus will be on the bookmaker to prove misuse of the account and that the client has gained an unfair advantage.

A statement from the Gambling Board will be issued this week and while there is still a process to follow it is expected these new rules will be in play 1st quarter 2019.

A big victory for the small guy!

kompos wrote: you just fell for another one, Hanrick

Brent Graham wrote: You guys might remember a punter who took a bookmaker to the Gambling Board and also to court around a payment dispute a couple of years back?

Seems this triggered a Gambling Board investigation into the online industry including the limiting of winning customers.

I received an e-mail yesterday from the punter (an occasional poster on this forum) confirming that the Gambling Board will this week be issuing new rules to online bookmakers and 2 of the changes will be very relevant to many of us.



Firstly bookmakers will not be able to limit players at their own discretion as they currently do. A minimum payout of 20k will need to be guaranteed on every bet struck on their site.

Secondly while bookmakers will be entitled to close the account of customers deemed to be partaking in fraudulent means (multiple accounts etc.) this cannot be done just because a client is winning and the onus will be on the bookmaker to prove misuse of the account and that the client has gained an unfair advantage.

A statement from the Gambling Board will be issued this week and while there is still a process to follow it is expected these new rules will be in play 1st quarter 2019.

A big victory for the small guy!

Brent Graham wrote: Glad I got a few of you lads LOL