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Corporate bookmakers drop long-time opposition to ban on credit card betting
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Corporate bookmakers drop long-time opposition to ban on credit card betting
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Corporate bookmakers drop long-time opposition to ban on credit card betting
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Corporate bookmakers drop long-time opposition to ban on credit card betting
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Gamblers bet more when in the dark: feedback can curb their online losses
30 Jul 2021, 16:39 GMT+10
Online wagering is the fastest-growing segment of gambling in Australia. It s a trend of particular concern because losing money through online brokering and betting apps is associated with higher rates of gambling-related harm than other types of gambling.
These apps provide the ability to win and lose money anywhere, anytime - and their popularity has been exacerbated by COVID-19 lockdowns.
A survey of 2,000 gamblers by the Australian Gambling Research Centre in mid-2020 found the proportion of gamblers doing so four or more times a week increased from 23% to 32%. Among the biggest online gamblers - men aged 18 to 34 - median spending climbed from A$687 to A$1,075 a month.