Australia to set stricter regulations for online gambling
The Australian Transaction Reports and Analysis Centre (AUSTRAC) introduced new stricter identity verification regulations for online gambling operators.Introduced by the...
Australians favor gambling ad restrictions over bans
Freshwater Strategy revealed that the majority of Australians support restrictions on online gambling advertising over a complete ban.
In August 2024, Australia had several discussions to address gambling-related issues, such as a total ban on gambling ads.
Australia-based consultants Freshwater Strategy conducted a poll in the country and revealed that 37% of respondents want a complete ban on gambling ads, while 56% support “sensible, moderate restrictions.”.
Responsible Wagering Australia CEO Kai Cantwell said:
“The Government should take on board the feedback presented consistently throughout the consultations from impacted industries. Sports, racing bodies, advertisers and licensed wagering providers have all agreed that sensible middle ground positions will address the concerns of the Australian public, without undermining harm reduction efforts, slashing Australian sports, racing and media revenue and unduly restricting the enjoyment of the majority who gamble safely and within their means.”
The Government needs to control that all gambling advertisements are shown only to logged-in users who are 18 years old and have the option to opt out of receiving such ads. This approach would protect kids and vulnerable Australians without creating severe unintended consequences.
Moreover, a recent study conducted by the Grattan Institute showed that Australia has the highest gambling losses when compared to any other country, such as New Zealand and the US.
Australia records the highest gambling losses
Australians lose more money on gambling than any other country such as New Zealand and the US.A recent study from the Grattan Institute showed that Australia faces the...
