Hop to it: Australian Authority Wants Online Gambling Payments Made Instantly

(Australia Associated Press)  - Online betting agencies could be banned from offering gamblers unsolicited credit under a proposed crackdown by South Australia's Independent Gambling Authority.
The IGA wants new online gambling regulations, including requirements that agencies process withdrawals from gamblers' accounts immediately, disclose spotters' fees and only offer gamblers credit after a due diligence process.
Business Services and Consumers Minister Gail Gago says operators who failed to comply with the proposed changes, which could kick in as early as January next year, risked fines of up to $100,000.
"In some cases, account holders are offered credit ranging from $200 to tens of thousands with no consideration given to the person's circumstances, their capacity to pay or their wellbeing," she said on Wednesday.
IGA director Robert Chappell said betting agencies would have 28 days to respond to the proposals.
There will also be a public IGA hearing on November 24.