Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Can the Australian Government Control Gambling Ads?

by December 22, 2022
December 22, 2022
Can the Australian Government Control Gambling Ads?

The relationship between the government, regulatory organs, and laws allowing betting and gambling in Australia, like many other countries, are entwined. This is due to the many acts, law articles, legal rights, etc.

The latest suggestion about gambling ads in Australia could be prolonged as the government wants to implement and attach additional messages to these ads. The government is now reviewing the reach of gambling ads which is yet to be seen as the answer to this problem.

What Is The Government’s Plan?

New mandated advertising taglines based on new behavioral research have been implemented, along with increased problem gambling among internet gamblers.

Online gambling businesses in Australia currently advise customers to ‘gamble responsibly’ in their ads. But, with the new changes, they must begin running a new set of messaging early next year in advertisements they publish on TV, radio, apps, digital or print advertising, social media, and websites.

According to a new set of guidelines in the National Consumer Protection Framework, online gambling operators must inform their consumers that gambling is not all great, with slogans such as, ‘Chances are you’re about to lose.’

Other new taglines include:

Imagine what you could be buying instead.
Is this a bet you really want to place?
What are you really gambling with?
What are you prepared to lose today? Set a deposit limit.
What’s gambling really costing you?
You win some. You lose more.
The warning ‘For free and confidential support, phone 1800 858 858 or visit org.au’ must typically be included with the new types of gambling advertisements.

Amanda Rishworth, the minister of social services, said that the federal government will now mandate the first set of nationally uniform warnings regarding the possible risks of internet gambling.

What Is The Purpose?

To prevent ‘message fatigue’ for customers, an upgraded version of the consumer protection framework will also compel gambling operators to guarantee a complete rotation of the taglines for over 12 months.

Online betting is quickly developing into a bigger part of gambling and a bigger part of people’s losses, according to Rishworth. She continued, ‘We received a lot of input, and more importantly, we based our taglines on evidence.’

The new slogans are the result of an in-depth behavioral study. A parliamentary inquiry into online gambling and gambling harm was just launched by the government. The inquiry will look at consumers’ well-being and overall protection.

Subjects like counseling and support services, educational initiatives, regulation, and licensing frameworks, and whether or not ‘gambling-like activities’ in video games like loot boxes or social casino games should be covered by existing laws already in place.

Online Gambling Statistics And Comparison

According to the government, Australia has the largest gambling losses of any nation, with an average annual loss of $1,276 per person. Another problem is that gambling rates have increased significantly as well. The numbers say online gambling rates rose from 0.6% of the adult population, which was calculated way back in 2011, to a staggering 1.23% in 2019.

In 2019 alone, Australia made around AU$20 billion in the gaming sector. This increase was also shown in a study conducted by Central Queensland University. Namely, here it was found that the rate of problem gambling among online users is significantly higher, at 3.9% of all online gamblers, as opposed to 1.4% of players who use poker machines exclusively.

Who Is Affected the Most and Why?

“New South Wales has started a wave that might see more sports teams join in the campaign against problem gambling,” stated Charlotte Wilson from Casinoshub.com. In time, if the ads are as effective as expected, online casino revenues will drop. This will have a huge impact on the gambling market.

Even already existing gamblers will feel the shift should the ads-to-come have the intended influence. The domino effect may reach specific online casino segments such as bonuses, prizes, rise of wagering requirements for the deals, and RTPs of future games overall.

The adverts will leave an impression on gamers, which will subsequently be passed on to online venues, eventually reaching game developers and other gaming firms. The potential chain reaction might permanently alter online gaming, or at least until certain reforms turn the tables.

Conclusion

Although Australia’s lower house of parliament launched the inquiry on September 15, 2022, the reforms are expected to go into effect the following year. However, things should not be taken for granted because there is still a chance that this entire ad campaign would fail due to counterarguments.

Read more:
Can the Australian Government Control Gambling Ads?

0
FacebookTwitterGoogle +Pinterest
previous post
What Are Hydroponic Systems and How Can They Save the World?
next post
GOP hardliners refuse to clap, stand for Zelenskyy as Ukrainian president asks for more money

You may also like

UK retailers feel the pinch as Tourist Tax...

August 3, 2023

How Dividends Are Paid on Stocks: An Explanation

December 22, 2024

Prince’s Trust warns of ‘digital skills crisis’ as...

August 1, 2024

Amazon to cut hundreds of staff at Prime...

January 11, 2024

The Power of No: Why, When and How...

May 9, 2025

Markets rally as US court blocks Trump tariffs,...

May 29, 2025

Marks and Spencer confirms 67 stores will shut...

October 12, 2022

Women missing out on £599 billion in Gender...

October 31, 2022

Meta seeks government protection from Rees-Mogg’s EU law...

November 25, 2022

Abramovich faces fresh calls for HMRC probe over...

January 31, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump orders Attorney General to investigate Biden’s autopen use amid cognitive decline concerns

      June 5, 2025
    • Elon Musk warpath against Trump’s ‘big, beautiful bill’ rattles House GOP

      June 4, 2025
    • Durbin obstruction threat chills Senate as Trump nominees hang in balance

      June 4, 2025
    • Elon Musk posts ‘Kill Bill’ meme in latest push to nix Trump’s ‘big, beautiful bill’

      June 4, 2025
    • Why ADX Can Mislead You — And How to Avoid It

      June 4, 2025
    • S&P 500 on the Verge of 6,000: What’s at Stake?

      June 4, 2025

    Categories

    • Business (8,143)
    • Investing (2,006)
    • Politics (15,519)
    • Stocks (3,127)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved