Australian Teenagers Shows Signs of Gambling Addiction

According to gambling watch groups in Australia, many of the mobile games being marketed to teenagers feature gambling elements.

australian-online-casinosBecause Australian teenagers have such easy access to these free games, gambling advocates are concerned about the possibility of teenagers becoming addicted to gambling. Unfortunately, Australia is already seeing a rise in problem gambling in teenagers who have played mobile slot machine games. The teenagers obtained these slot machine-style games through Google Play and Apple’s App Store.

Arthur’s Gambling Addiction

Arthur, a 13 year-old from Australia, first started playing online games a couple of years ago. The teenager admits that he wasted money on mobile applications, and is even obsessed with certain online games. Arthur says that he has spent hundreds of dollars buying upgrades for free mobile applications, hoping to improve his chances of winning the best prizes.

Gambling advocates claim that this sort of behavior – spending money to improve the chances of winning better prizes – is the exact same behavior seen in many of Australia’s casinos. The problem, according to these gambling watch groups, is that Arthur is only 13 years old.

Current Regulation on Mobile Gambling Applications

The biggest roadblock game developers currently face in Australia is the Interactive Gambling Act. The IGA, which was originally passed in 2001, was written to ensure that digital gambling games were safe for public consumption. Unfortunately, the legislation is considered antiquated by many gambling experts. This is because the Interactive Gambling Act does not prevent teenagers from accessing gambling applications.

Other critics of mobile gambling in Australia suggest that clever game developers have designed applications that skirt around the stipulations listed in the Interactive Gambling Act.

Swedish Man Wins the Mega Jackpot Game

What could be better than playing your favourite casino game and hitting the jackpot while not even aiming for it? That is exactly what happened to a Swedish player who won a huge jackpot of £570,407 recently at the Leo Vegas Casino. He won the jackpot while playing Siberian Storm, which is a popular Mega Jackpot Game.

A winner in hiding

Siberian_Storm_SlotInterestingly, the 49 year old winner is not keen on revealing his identity. However, we do know he is a generous man, as he intends to donate a part of the amount to a charity. He also plans on opening up a business with the jackpot amount.

The winner was at home when he got to saw the news, but was in disbelief initially. Naturally he was shocked and asked his son to double check to confirm what he saw in the TV was true. He considers it to be his pre-birthday gift as he won it just four days before his birthday.

The man however, seems to be the one who believes in giving back to the society. He intends to open a horse race betting kiosk. Apart from that, he wants to continue making donations to charity often, something that he could not do earlier.

Lucky for Swedish players?

A lot of Swedish players have recently found luck with Leo Vegas Casino. Just a few moths back, another player from Sweden hit a record-breaking Mega Fortune jackpot of £4.4m. On asking about the same, the UK manager of Leo Vegas Casino, Shenaly Amin said that 2015 has been an expectational year for the casino. He added that it is always pleasing to see winner plan big with their jackpot wins and put them to good use.

Fraudster Steals £4.5 Million from Employers to Gamble

A Birmingham Crown Court has convicted a young, former employee of two giant property firms for committing fraud. Terry Childress was convicted of a fraud of £4.5 million to feed his ever-growing gambling addiction.

A complex fraud

Birmingham CourtBetween 2007 and 2011, the now 34-year-old Terry Childress worked with BNP Paribas Real Estate and GVA Grimley. In both firms he engineered false rent incomes, receipts, client payments and fake invoices to steal a grand total of £4,434,274. Moreover, to avoid suspicion, Childress logged in through his colleague’s accounts and wired the money to his friends and family.

With the money that he siphoned off, Childress went on to feed his out-of-control addiction by gambling on a daily basis, the Court noted.

Unforgivable mistake

The Birmingham Crown Court has awarded a sentence of five years to Terry Childress for the fraud. Childress was particularly faulted for causing the suspicion to fall on innocent parties and putting them under unwarranted distress. It included using his co-workers’ log-in credentials to steal money. He, also, transferred a sum of £500,000, from company funds, to his ex-girlfriend after telling her that he had won the amount while gambling.

The incident came to light only after BNP Paribas Real Estate start investigating account discrepancies, after Childress had quit the company. Soon, the company was to discover a Barclay account with transactions up to £250,000. The account was in Childress’ name. A court order issued soon after, brought Childress’ down to his knees.

Since the beginning of the investigation, however, Childress’ had extended his full cooperation to authorities and has also pleaded guilty on two counts. He had expressed his desire to repay the money through the assets and admitted that what he had done was unforgivable.