Exposing the honeypot for the world’s biggest betting companies | Four Corners Documentary скачать в хорошем качестве

Exposing the honeypot for the world’s biggest betting companies | Four Corners Documentary

Online bookmakers have kept millions in wagers placed with stolen money. This week on Four Corners reporter Steve Cannane reveals how financial advisers courted with inducements, have gambled away their clients’ investments uninhibited by regulation or oversight. In some cases, while the advisors have gone to jail, and the victims remain empty handed, the companies that accepted the bets have not returned a cent. More than two years after a landmark parliamentary inquiry recommended sweeping reforms to tackle online gambling harm, the Albanese government has yet to act. Losing Streak reveals how the defacto regulator charged with overseeing online bookmakers is ineffective. Based in Darwin, it meets once a month, has no full-time staff, and has been accused of being too close to the industry it's supposed to police. Cannane and the team ask why the federal government has failed to respond to a cross parliamentary blueprint for reform and what it will take to curb the harms of a sector that turns over tens of billions of dollars a year. CHATPERS 02:08 – The victims of gambling 03:58 – The financial advisor who stole investor fund 07:11 – Law reform 08:15 – Mint Bet 11:20 – The home of the bookie 19:00 – Exploiting vulnerable people 22:20 – Sports and gambling 31:10 – NRL 32:20 – From inside prison 40:55 – Parliament roundtable 44:25 – What is Albanese doing? Losing Streak, reported by Steve Cannane and produced by Mayeta Clark, was originally aired on Monday 6 October. Note: In most cases, our captions are auto-generated. #4Corners #ABCNewsIndepth #ABCNewsAustralia