Australia's Grattan Institute paper advocates for loss caps and an advertising ban.
Australia has been identified as the country with the highest average annual gambling losses in the world, a troubling statistic highlighted in a recent report by the Grattan Institute, an Australian public policy think tank.
The report, titled "A Better Bet: How Australia Should Prevent Gambling Harm," provides a detailed analysis and set of recommendations aimed at reducing the harm caused by gambling in the country.
The report reveals that Australians lose an average of AU$1,635 (US$1,098.90) per adult annually on gambling, significantly higher than other countries like the US (AU$809) and New Zealand (AU$584). The majority of these losses are attributed to pokies (slot machines) and sports betting.
In response to these findings, the Grattan Institute has put forward several recommendations. These include a complete ban on gambling advertising and inducements, a gradual reduction in the number of pokies across states, and the introduction of a mandatory pre-commitment system for online gambling. The report also suggests implementing mandatory pre-commitment for pokies, with strict daily, monthly, and annual loss limits.
Aruna Sathanapally, CEO of the Grattan Institute, expressed concern over the situation, stating, “Australia has allowed the gambling industry too much freedom, resulting in significant harm to gamblers, their families, and the wider community. Gambling products are engineered to be addictive, leading to severe consequences like job loss, bankruptcy, relationship breakdowns, family violence, and even suicide. It is imperative that our politicians confront the powerful gambling lobby and take action to regulate the industry."
The idea of banning gambling ads is gaining momentum in Australia, especially after the Alliance for Gambling Reforms issued an open letter last month, signed by several prominent figures, urging for a nationwide ban on gambling advertisements.
Our Conclusion
CasinosinCanada firmly opposes gambling advertisements, recognizing the potential harm they can inflict on vulnerable individuals and communities. As a platform committed to promoting responsible gambling, CasinosinCanada believes that the pervasive nature of gambling ads can lead to an increase in problem gambling, especially among younger audiences and those susceptible to addiction. By advocating for a ban on these advertisements, CasinosinCanada aims to create a safer environment where players can enjoy gaming responsibly without the undue influence of aggressive marketing tactics.
JamesTheSpirited It's frustrating to see my state lose out on potential tax revenue because lawmakers are dragging their feet on legalizing sports betting. If other states can do it successfully, why can’t we?
ChristopherTheRadiant This is a huge step for Yggdrasil! Their games are always top-notch, and I can’t wait to see how they perform in the North American market. Hopefully, this means more exciting titles coming our way soon.
ElizabethTheWhimsical The proposed online casino license feels like a cash grab with those high fees and low RTP for slots. If I’m going to take a gamble, I’d rather do it in a crypto casino where the odds are better.
RonaldTheVibrant If Kick buys TikTok, it’s going to be a disaster for younger users. The last thing kids need is to be exposed to crypto gambling ads disguised as entertainment. We need stricter regulations on these platforms.
LauraTheMysterious It’s good to see brands like Stake.com expanding in Latin America, but I’m concerned about the growing trend of underage viewers tuning in to these stake game streams. We need stricter regulations to protect kids from getting exposed to gambling content.
KarenTheOptimistic I've been playing for a week now, and I'm especially pleased with the mechanics with dragons. True, my RTP seems to be lower, but it still flies normally
LisaTheResilient Yeah, screw this NO Limit city ... I've been riding for 3 months - nothing worthwhile has ever happened
markcampbell4r This sounds like a PR stunt more than an actual initiative to reward genuine streamers. With the history of manipulated outcomes in advertising, it's hard to trust the authenticity of these so-called 'max wins.' Are we really celebrating skill or just orchestrated hype?
AllenLaura1 This partnership sounds like a game-changer! GGPoker and Great Canadian Casino Resort Toronto teaming up is huge news for poker enthusiasts in Ontario. Can't wait to see the upgraded poker room and experience those WSOP tournaments!
NancyTheHarmonious This fine serves as a strong reminder that operators must prioritize social responsibility and anti-money laundering measures. It's good to see the Gambling Commission taking action to protect players and uphold industry standards.
MartinezBetty Consider elaborating on what specific types of "enhanced gaming experiences" might be envisioned to give readers a clearer picture of the possibilities.
SusanTheUnique Play'n GO keeps expanding, but it seems like their focus is more on growth than providing fair gameplay. With RTPs this low, it's hard to see how anyone can actually win. I’ll be staying away from these games in Michigan!
ChristopherTheXtraordinary It's worrying to think that Denmark’s gaming streamers could shift towards promoting casinos, especially with younger audiences in mind. Gambling content has no place in platforms where minors are involved.
Nummuscasino ignored my gambling addiction
Pascal107 Here they told me a refund has been accepted but l...
Nummuscasino ignored my gambling addiction
Pascal107 Self exclusion #3
Nummuscasino ignored my gambling addiction
Pascal107 Self exclusion #2
Nummuscasino ignored my gambling addiction
Pascal107 Self exclusion #1
Nummuscasino ignored my gambling addiction
Pascal107 Here is that you can set limit but this function w...
Kudos to CasinosinCanada for speaking out against gambling ads. It’s a bold move that shows they truly care about the well-being of their users and the broader community.
It’s great to see CasinosinCanada leading the charge against gambling advertisements. The focus should be on safe and responsible gambling, not on encouraging people to gamble more.
I support CasinosinCanada’s decision to stand against gambling ads. These ads often target those who are most at risk, and banning them could help prevent countless people from developing gambling problems.
CasinosinCanada’s opposition to gambling advertisements is a breath of fresh air. It’s crucial to limit the exposure, especially for younger audiences who might be influenced by these ads.
Gambling ads are everywhere, and it’s refreshing to see CasinosinCanada pushing back against this. Responsible gambling should be a priority, and reducing these ads is a great step forward.