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Ishan Haque has been central in the casino’s marketing efforts, which have included recruiting an army of what he calls “micro-influencers”. And yet key executives at Shuffle are gambling on the company’s own live broadcasts, plainly located in Australia as they do so. Australian-run “crypto casino” Shuffle.com is processing billions of dollars of cryptocurrencies every month. For every above-board, legitimate casino site out there, there are just as many rogue operators hoping to take you for a ride. These forms of regulated gambling include sports betting, which is massive in Australia and largely centres around horse racing and the AFL and NRL. There has been a big pushback against the IGA amendment, particularly from poker players, lead by the Australian Online Poker Alliance.
One thing is for sure, there is unlikely to be any movement on the online gambling front with neither Labor or Liberal showing any interest in opening this can of worms back up, not in an election year anyway. The Government can regulate and tax online gambling and in turn make it a safer environment for Australians. What we would hate to see, is the current situation surrounding land-based casinos, where there are only several licenses and poor competition as red tape forces monopolies.
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The former Dutch colony offers a favourable tax system to online businesses. While Shuffle is headquartered in a Melbourne skyscraper, it is licensed on the gambling-friendly Caribbean island of Curaçao through a separate business entity. Yet another of the casino’s former partners was in close contact with Shuffle’s owners.
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