William Hill and Ladbrokes Fail to Fall in Line with RWA
Plans to implement a list of concessions by new gambling lobby group, Responsible Wagering Australia (RWA), has run into a major hurdle with William Hill and Ladbrokes both refusing to sign up to the group.
RWA was formed to take over from the Australian Wagering Council (AWC) which fell apart when William Hill pulled out of the body over its failure to prevent a ban on online in-play betting. The RWA was established last year with the aim of providing direction to the online gambling industry and it appointed former Labor Senator Stephen Conroy as its CEO and former Liberal Senator Richard Colbeck as its chairman.
The changes that the RWA hopes to implement include withdrawing from aggressive advertising strategies, a self-regulatory approach for social licensing, a ban on offering credit to gamblers and removing welcome offers that aim to attract new customers.
While, Bet365, Betfair, Crownbet, Sportsbet and Unibet have signed up as members to the new body, Ladbrokes has refused to sign up outright and William Hill has also not joined. It is believed that William Hill, along with Sportingbet and Centrebet, do not support these plans and do not intend to cut lines of credit to their punters or to reduce their growing marketing spending.
The refusal of the two UK-based bookmakers, William Hill and Ladbrokes, to join has prevented RWA from announcing their new strategy, prompting them to lash out at the two companies.
“Our members are leading the industry and setting an example through their commitments to consumer protection, responsible gambling and harm minimisation measures,” a spokesperson for RWA said to Fairfax Media.
“This is in contrast to other operators that do not demonstrate the same commitment to working with government and other stakeholders to improve regulation and consumer protection.”
April 16, 2017