Per capita gambling losses in Australia were estimated at around $1,527, up from $1,461 (in real terms) in 2021–22 (QGSO 2024). Despite a fall at the start of the COVID-19 pandemic, total gambling expenditure has generally continued to increase over time. For background information and more detail on the definition of gambling products, sources of gambling data, relevant legislation and notes attached to specific tables and data items, see Australian gambling statistics 39th edition. From May 2022 to April 2023, more than one million gambling ads aired on free-to-air TV and metropolitan radio. Half (50%) of these ads were from providers of online gambling services (ACMA 2023).
Prevention is the most cost-effective strategy for minimizing gambling-related harm. Treatment for gambling disorder has a low rate of uptake, with an estimated 0.14% of the population seeking formal and informal help for current problems. The preferred regulatory approach of the gambling industry – so-called responsible gambling – adds to this burden by effectively blaming those who experience harm. Responsible gambling interventions are typically ineffective, particularly where the uptake of measures is optional.
Why does gambling become a problem for some people?
‘Annie and I have had so many beautiful conversations about this. God bless her, she’s put so much time and effort into understanding this life. Henry Brayshaw, the son of Channel 7 cricket broadcaster James Brayshaw, has lifted the lid on how he once found himself owing around $180,000 in gambling debts, due to a crippling addiction. “You need the polls in order to decide the odds, and the odds play off the polls,” he said. They are regulated as financial products – despite the fact that they can look and feel indistinguishable from gambling. But the leading platforms – like Polymarket and Kalshi – argue what their users are doing is more akin to investment.
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Several states have sued Polymarket and Kalshi, alleging that the companies effectively operate casino or gambling operations in violation of state gambling laws, and have ordered them to shut down or stop operating in their states. Widely cited market odds one way or another could “absolutely” influence voters or political narratives in a campaign, said Ferguson. For example, if a market suggested one party would win an election with an overwhelming probability, some voters might not see a point in casting their jokaviproom online casino individual votes. “The vast majority of people do not understand prediction markets to the same degree as they think they might,” he cautioned.
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