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A software engineer for Sportsbet has faced cross-examination over the role of phone operators in placing bets for users of its Fast Code betting, in a class action trial that alleges the system was not a true telephone betting service.
The lead applicant in a class action against Sportsbet over its fast code betting service has admitted he never questioned whether the system was lawful until meeting with class action lawyers at Maurice Blackburn.
Hitting back at a class action's claims that it breached gambling laws with its 'fast code' betting, Sportsbet told a trial judge on Tuesday its representatons about the service were true, and that in any case punters weren't entitled to damages that didn't account for winnings.
Sportsbet's 'fast code' betting system was not a genuine telephone betting service because customers had already transmitted information before making the call, according to a class action which argues punters would not have placed bets had they known the system was illegal.
A judge has made a group costs order that will give Maurice Blackburn one third of any recoveries in a class action against Entain, rejecting the firm's bid for a higher contingency fee rate than earmarked in its parallel Sportsbet class action.
Sportsbet has been ordered to provide a class action with audit position papers from the tax office, as the applicants look to interrogate whether the ATO might exercise its discretion to refund Sportsbet's payments if the company loses the case.
Maurice Blackburn wants a 35 per cent cut of any settlement in a class action against the operator of sports betting sites Ladbrokes and Neds -- 2 per cent higher than a group costs order in a similar case against Sportsbet -- telling the court there was likely to be a "smaller pie".
The trustee for Active Super has been ordered to pay a $10.5 million penalty for misleading members about its investments in gambling, oil tar sands and Russian companies.
The trustee for Active Super has argued against a $13.5 million penalty proposed by ASIC for greenwashing, saying the tax burden would impact on its members.
A competition class action against Stanwell and CS Energy has been tossed, with a judge finding the power companies' conduct was legitimate “profit maximisation behaviour”.