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UFC World Champion Robert Whittaker Becomes Latest PlayChip Brand Ambassador

Zoltan Tundik

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Photo source: Robert Whittaker Twitter
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The current UFC Middleweight Champion struck a deal with the Universal Gaming Token in the lead up to his highly anticipated title fight at UFC 234 in Melbourne next month.

One of Australia’s biggest stars in mixed martial arts has joined the PlayChip Ambassador team ahead of his title clash with USA’s Kelvin Gastelum.

Robert “The Reaper” Whittaker, the incumbent UFC Middleweight Champion, is becoming one of the most recognisable names in the sport having remained unbeaten since 2014, racking up nine straight victories. He is currently ranked #12 on the UFC’s list of best pound-for-pound fighters.

Whittaker’s addition to the PlayChip family continues the Universal Gaming Token’s affiliation with the rapidly growing sport of Mixed Martial Arts, following its agreement with the striking coach of Conor McGregorOwen Roddy, late last year. Cricketing icon, Brett Lee, rounds out the group of ambassadors for PlayChip.

PlayChip Foundation board member, Daniel Simic, was thrilled with addition of the prize-fighter and backed both parties for big things in 2019.

“We are proud to have Robert join the team ahead of his massive clash next month,” he said. “Robert embodies everything we strive for here at PlayChip – dedication, professionalism and an unstoppable drive for success”.

Robert Whittaker was also excited about the new partnership, saying, “PlayChip is at the cutting edge of online gaming. It’s a dynamic first mover in a big market and is a great fit for Team Whittaker. I look forward to changing the game of UFC and online gaming with PlayChip”.

Whittaker is defending his UFC Middleweight World Championship Belt at Rod Laver Arena in Melbourne on February 10. He is fighting against 4th ranked US contender, Kelvin Gastelum, in a match where tickets sold out in just 3 hours.

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Australia

Australian NAB Bank Offers Gambling Restriction Option In App

George Miller

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Australian NAB Bank Offers Gambling Restriction Option In App
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NAB is providing new ways for customers to take greater control over their finances, becoming the first Australian bank to offer the option to block gambling transactions via its app.

All retail banking customers with NAB Visa Credit or NAB Visa Debit cards can now restrict most gambling transactions with immediate effect – with just one touch.

The gambling block capability was first implemented via iOS devices in December 2019, and has now been expanded to Android devices. NAB also remains the only major Australian bank to offer a restriction option on debit cards.

NAB Chief Customer Experience Officer Rachel Slade said the new app feature would support Australians in controlling their financial future. In December, the latest annual Australian Gambling Statistics report revealed almost $25 billion of gambling expenditure in 2017-18, with this figure rising by around 5 per cent on the year prior.

“It’s very easy to place a bet, so there’s real value in giving people the option to plan ahead and control their spending. This tool is designed to put the choice in the hands of our customers,” Ms Slade said.

“Since commencing the roll-out in December we have seen more than 10,000 customers turn on the restriction, highlighting the importance of offering easy-to-use tools for customers to manage their finances.”

The new app capability comes as Australians continue to face significant budgeting challenges, with the NAB Australian Wellbeing Survey, released Wednesday, revealing rising financial anxiety and one in four Australians experiencing some form of financial stress or hardship over the past three months.

“We’re making it easier for customers to take greater control over their money,” Ms Slade said.

“We also recognise problem gambling remains a major challenge affecting the community, and one that requires organisations, governments, and the community to work together to effectively address.”

NAB will continue to offer new opportunities for customers to improve their financial health and wellbeing, with other recent actions including offering a free credit health check for all Australians, launching ‘My Goals’ to track progress on personal savings ambitions and providing SMS reminders for credit card payments.

Background 

  • Customers need to have the latest version of the app to be able to access the feature. It blocks most gambling transactions, including sports betting, casino games, lottery tickets and online gambling – more details at nab.com.au/gamblingrestriction.
  • In March 2019, NAB first rolled out a gambling restriction service, which gave customers the option to call NAB Customer Support on 1300 308 175 to block most gambling transactions. This service is active.
  • The Customer Support team is set up to assist any customers experiencing vulnerability, including when gambling is the cause, and can refer customers to a specialist gambling financial counsellor if appropriate (via Uniting’s CareRing program).
  • The restriction can be removed via the NAB App or by calling NAB Customer Support, however there will be a delayed reactivation of 48 hours during which time the request to reactivate can be cancelled.
  • The Australian Banking Association recently released a discussion paper on the use of credit cards for gambling and the role of banks in addressing problem gambling and is currently seeking public feedback.
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Australia

Flutter–Stars Group Deal Gets Approval from Australian Competition and Consumer Commission

Niji Narayan

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Flutter–Stars Group Deal Gets Approval from Australian Competition and Consumer Commission
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Flutter Entertainment has received informal approval from the Australian Competition and Consumer Commission (ACCC) for its proposed combination with The Stars Group (TSG).

The approval from ACCC is seen as a milestone in the group’s attempts to merge with Flutter to create what is expected to be one of the world’s biggest betting businesses.

But the company said the proposed deal remains subject to approval by the Australian Foreign Investment Review Board, as well as further international regulatory bodies.

The deal was first announced in October and the combined group will serve customers in more than 100 countries.

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Australia

Bookies Cop NSW’s Largest Fine For Illegal Gambling Advertising

George Miller

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BOOKIES COP NSW’S LARGEST FINE FOR ILLEGAL GAMBLING ADVERTISING
Photo Source: nsw.gov.au
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In the biggest ever fine of its kind in NSW, Ladbrokes and Neds were yesterday convicted and ordered to pay a total of $207,500 for offering illegal gambling inducements to NSW residents.

Under current NSW law, wagering operators found guilty of promoting inducements to gamble, face fines of up to $110,000 per offence and company directors can be criminally prosecuted.

Following an investigation by Liquor & Gaming NSW, Ladbrokes, which owns Neds, was fined in Downing Centre Local Court for each of four Ladbrokes and two Neds advertisements they ran across Channel 7, Instagram and Facebook in 2018.

The advertisements offered bonus bets for a smaller deposit, such as a deal to “Deposit $50, get $250 in bonus bets.”

These bonus bets only applied to people who opened new betting accounts.

Liquor & Gaming NSW A/Director of Compliance, Dimitri Argeres, said the clear inducements to gamble and open a betting account were accessible to all users on social media.

“Inducements are known to increase the risk of gambling harm and these advertisements reached a broad segment of the population,” Mr Argeres said.

“In NSW such advertisements are restricted to registered betting account holders.

“This record fine should serve as a reminder that betting operators have an obligation to ensure their gambling advertising complies with NSW laws.

“Penalties of this magnitude are not easily absorbed into running costs.”

Under the NSW Betting and Racing Act, it is an offence to publish a gambling advertisement that includes any inducement to participate or participate frequently, in any gambling activity.

Ladbrokes and Neds have the right to appeal.

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