eGR Magazine discovered that the Oldford Group, according to the Australian Securities and Investments Commission, owns New South Wales based company GP Information Services. That is a problem as the Oldfield Group is one of the businesses being sought for forfeiture by US authorities as part of the Black Friday indictments.
Under the IGA providing online poker, bingo and casino games to Australians can draw fines as high as AUS$1.1m a day. No one has ever been charged and a spokeswoman for Digital Economy Minister Steven Conroy explained that it’s difficult to do so.
“As the internet is a cross-jurisdictional medium, it is difficult for Australia to enforce our laws on companies not based in Australia. The Government continues to examine the regulatory approaches taken by other countries to online gambling to see what can be learnt about the best way to respond,” the spokeswoman said.
It all comes just over a month after US authorities charged PokerStars as part of the Black Friday indictments that rocked the online gaming industry and continue to do so now. The indictments are likely to dominate large parts of the discussion at this week’s iGaming Super Show in Dublin where CalvinAyre.com’s first anniversary party will also be taking place. Pack up the Alka Seltzer as you’ll need at least 10!