Australia Leads World in Gambling Losses Per Capita

A recent report by the Grattan Institute reveals that Australia leads the world in gambling losses per capita, with an average annual loss of $1,635 per adult. This figure is nearly triple that of New Zealand and significantly higher than in the United States, where the average loss is $809. The report advocates for urgent reforms, including a total ban on gambling advertising, the introduction of mandatory pre-commitment systems for gambling losses, and a reduction in the number of poker machines, which are prevalent in Australian suburbs. Amid growing public concern over gambling harm, the federal government is reportedly considering a partial ban on gambling ads rather than a complete prohibition, which has drawn criticism from advocacy groups and some political factions. The gambling industry, described as powerful and influential, has faced scrutiny for its role in normalizing gambling, especially among younger demographics. The report highlights the severe social consequences of gambling addiction, including job loss and family breakdowns, urging immediate action to mitigate these effects.