Labor's gambling ad restrictions cut wagering by only 0.8% annually

Labor’s plan to restrict gambling advertisements will reduce Australia’s wagering by only 0.8%, equating to $62.7 million annually, according to a government report. The reforms affect over 2,461 industry members and ban gambling ads on various platforms, including streaming services and social media. Full ad bans were suggested to offer greater benefits but would burden sports organizations heavily.

Read full article on The Guardian Australia – News →

Summary by Glance · Original reporting by The Guardian Australia – News