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backdoor algorithms, restrictions and allegations of delaying tactics to skew the competition and drive up profits...

gambling

On a hot Saturday afternoon in Darwin, James Poppleton is mopping the sweat from his brow. 

It hasn't rained for 160 days.

On this particular day, he's got even more reason to perspire.

He's about to speak out against his former employer — one of the world's largest betting companies.

Mr Poppleton worked for 18 months as a customer account supervisor at bet365.

What he saw during his time at the company disturbed him so much he's blowing the whistle on bet365's practices — despite the personal risk.

"Australians have an innate sense of fairness almost built-in, and what the bookies do, what bet365 does is not fair," he said. 

"You can't win. Those that win are stopped. Those that lose are exploited and then they develop cheating techniques as well."

Taking in a game of women's AFL at Tracy Village Oval, there's a palpable sense that a deluge of rain is about to break Darwin's dry spell, and James is spilling what he knows about how parts of the sports betting industry operates. 

"I'm speaking out about bet365 because the information I know is a burden on my conscience."

For the first time, he's revealing how bet365 uses backdoor algorithms, restrictions and allegations of delaying tactics to skew the competition and drive up profits — all while the punter thinks they're playing a fair game.

 

Read more:

https://www.abc.net.au/news/2019-12-05/bet365-whistleblower-says-winners...

gamble till you become a problem...

 

http://yourdemocracy.net.au/drupal/node/14035

 

 

See also:

 

A student is suing one of Britain’s biggest bookmakers for refusing to pay out £1 million on a winning bet on the horses.

In a battle of David vs Goliath proportions, Megan McCann, who was just 19 when she placed the bet, has lodged a writ in the High Court in Northern Ireland against Hillside (UK Sports) LP, the company which operates bet365, an online betting company run by the UK’s wealthiest businesswoman.

Miss McCann, who lives near Belfast, claims that she is owed £1,009,960 by bet365, which was co-founded and run by Denise Coates, who is said to be worth £3.2 billion.

Miss McCann staked almost £25,000 on 12 different horses in four relatively obscure races, winning £985,000 from the betting giant. But the betting company, whose chief executive is Ms Coates, has declined to honour the wager.

 

 

Read more:

https://www.telegraph.co.uk/news/2017/07/08/exclusive-teenager-takes-bet...

crookery in confidence...

Troy Stolz, the whistleblower who exposed a widespread lack of anti-money laundering compliance around poker machines in registered clubs, is being sued by ClubsNSW.

Key points:
  • Andrew Wilkie read from a ClubsNSW board paper in parliament earlier this year
  • ClubsNSW alleges that Troy Stolz, in acting as a source for Mr Wilkie, breached a confidentiality agreement he signed
  • Mr Stolz filed a $2 million claim against ClubsNSW in March alleging bullying, sham contracting, underpayment and defamation

 

Mr Stolz is accused of giving a confidential ClubsNSW board paper to Independent MP Andrew Wilkie.

That paper, written in May 2019, outlined ClubsNSW's own concerns about poor levels of compliance within its member clubs.

The document stated: "Current levels of AML/CTF (anti-money laundering/counter-terrorism financing) compliance are at best at 5-10 per cent for the approximately 770 clubs in NSW that are full reporting entities."

In February, Mr Wilkie told parliament that this board paper was evidence that up to 95 per cent of clubs in NSW were "operating illegally".

When he requested leave to table the document in parliament, Mr Wilkie was refused, leading him to call out in the chamber: "They're running a protection racket for the gambling industry!"

Now that board paper is at the centre of the latest round of legal action between ClubsNSW and its former employee.

Mr Stolz is taking legal action against ClubsNSW in the Federal Circuit Court, alleging bullying, sham contracting, underpayment and defamation, outlined in a statement of claim filed last month.

He is suing the organisation for $2 million in lost earnings and damages.

Case could be test of parliamentary privilege

ClubsNSW alleges that Mr Stolz, in acting as a source for Mr Wilkie, breached a confidentiality agreement he had signed back when he began working for ClubsNSW in anti-money laundering and counter-terrorism financing compliance.

 

Read more:

https://www.abc.net.au/news/2020-04-23/clubsnsw-sues-whistleblower-over-...

 

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