Aussies top gambling losses poll

Aussies top gambling losses poll

Tuesday, February 9, 2016 Totally Gaming
Australia, which lost more per adult to gambling than any other country, is rethinking its online gaming laws

Australians lost more in 2015 than gamblers from any other country, according to new research highlighted by the New Zealand Herald newspaper.

Citing figures from H2 Gambling Capital, the report said that some AUS$1,396 (€865/US$977) was lost by each adult in Australia, a nine per-cent increase on the figure recorded when the country topped a similar poll two years ago.

Singapore stayed in second place, with the US and Ireland moving up to third and fourth places, from fifth and seventh for 2013.

Finland has dropped from third to fifth place in the latest ranking, while New Zealand fell two places to sixth. 

The H2 Gambling Capital figures suggest that the average adult globally suffered $138 in gambling losses in 2015.

The news comes as Australia looks at reforming its online gaming laws following an enquiry held last year. 

Several reports suggest that in-play betting will be completely legalised under new proposals, but Racing Australia chief executive Peter McGauran, in an interview with The Australian newspaper, called for a full ban.

“We feel so strongly about the threat that in-play betting poses to integrity that we believe that the loophole in the Interactive Gambling Act that allows in-play betting on races should be closed,” McGauran said.

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