Search engines with Australian domains, including Google, are being investigated by authorities for possible breach of interactive gambling laws, which carries a maximum penalty of AU$1.1 million per day for corporations.
One of Australia's most closely regulated industries is being stalked by the lethal combination of an ambitious Internet business and one of Australia's richest and most powerful men.
Australian online casino Lasseters Corporation is thriving according to its net profit report for the 2004 financial year, with company claiming a 25.6 percent profit increase due to "significant cost savings".
The New South Wales gaming and racing minister has lashed out at the federal government's decision not to take any regulatory action on interactive wagering and betting exchanges.
The office of Australia's Minister for Communications and Information Technology, Daryl Williams, has described the recent World Trade Organisation (WTO) ruling that US online gambling restrictions are in violation of international trade agreements as not considering the capacity of governments to regulate on "moral" grounds.
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