okay then so much like in most countries, Australia has state-based laws which regulate "sweepstakes" (locally known as "competitions"). so are Hibur's gambling games like Giant Shark (a slots machine game) a game of skill or is it a game of chance? it's clearly a casino chance-based gambling game to me, like all of the Hibur games i looked into;now the distinction between a skill-based sweepstake/competition & a chance-based sweepstake/competition is probably the most important distinction in Australia & elsewhere in the world when it comes to rules/laws & consumer protections that governs their legality & operation:
"a competition that involves an element of chance in determining winners is based on chance. if winners are purely determined on their skill, then that's a skill-based competition"the above distinction is important because it appears that chance-based competitions (which i think describes the Hibur games & platform) is gambling, & that appears to be illegal in many jurisdictions such as Indonesia & Malaysia. in jurisdictions where gambling is legal, operators like FFG must comply with various permit & license requirements in each of the jurisdictions that's worth its salt, worldwide, that Hibur operates in/is accessible from.
as there's no indication of FFG operating Hibur with any chance-based gaming permits/licenses anywhere in the world, i still don't see how Hibur, a chance-based competition platform with casino games & real money, can operate successfully or legitimately?
NAL DYOR
- Forums
- ASX - By Stock
- Compliance Query - Social Casino Gaming Legality?
okay then so much like in most countries, Australia has...
-
-
- There are more pages in this discussion • 79 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FFG (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $12.65M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $909 | 100.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 5655608 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 531250 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 5655608 | 0.009 |
16 | 3274656 | 0.008 |
4 | 742857 | 0.007 |
2 | 416833 | 0.006 |
4 | 700000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 531250 | 2 |
0.011 | 2802492 | 6 |
0.012 | 3806844 | 17 |
0.013 | 631450 | 3 |
0.014 | 1399737 | 5 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
FFG (ASX) Chart |