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A 'bit' of how Bit-Coin is fitting in

Started by alrelax, June 30, 2018, 01:52:07 PM

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alrelax

From National News Sites:

"Australia launches investigation into JustBet.cx

March 12, 2018

Reference:  Illegal Cryptocurrency, Australia, Online gambling regulation, Christmas Island, Unlicensed Operation, Sports betting, Licensing concerns.


In Australia, the Bitcoin-friendly online casino at JustBet.cx is reportedly being investigated by the local media watchdog for allegedly breaching the nation's Interactive Gambling Act 2001.

According to a Sunday story from Asia Gaming Brief citing 'local media reports', JustBet.cx features a sportsbetting facility offering pre-match and in-play markets on a wide range of competitions including matches from the Australian Football League and A-League while its web address is purportedly registered with the Christmas Island Domain Administration.

However, the Australian Communications and Media Authority has reportedly launched an investigation after determining that JustBet.cx' Internet protocol (IP) address may in fact be headquartered in the Central American nation of Costa Rica, which would violate the Interactive Gambling Act 2001 and prohibit the domain from offering its services to Australia-based punters.

Asia Gaming Brief reported that the Australian Communications and Media Authority initiated its examination of JustBet.cx after Andrew Wilkie from the Australian House of Representatives had earlier called for the Christmas Island Domain Administration to immediately shutter the site."
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