$1.1 million moratorium finally unleashed

$1.1 million moratorium finally unleashed

The Howard Government has at last set its beloved 12-month moratorium on internet gaming in stone, a statement has revealed.

Before today, the moratorium, effective from 19 May 2000 until 19 May 2001, was only under government consideration.

According to the statement, the moratorium will apply to all Australian-based interactive gaming companies, including those targeting overseas customers.

Online gaming companies who set up shop before May 19 will not be able to offer any new gaming services.

Enforcable by the Australian Federal Police, fines of up to $1.1 million per day apply to companies that break the moratorium.

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