The Australian gambling market is set for a turbulent 2010 following the publication of the Productivity Commissions draft report on the state of the Aussie gambling sector.
The key findings of the report include:
- Australians annually loose $18 billion on gambling, of which $12 billion is lost on pokie machines alone.
- 15% of Australians gamble regularly
- 1.5% of Australians are classified as problem gamblers
- $700 million is spent at online gambling sites.
A number of key recommendations have been put forward in the report. These include:
- A maximum bet of $1 per spin
- Winnings paid in cheques rather than cash
- Restricting cash ATM machines within gambling environments
- A universal ‘opt out’ system that enables pokie players to set a maximum loss limit for a session
- The removal on the ban on Australian online gambling websites to ensure Australian residents are given more consumer protection.
2010 should be an interesting year for the Australian market with the report being forwarded to the Australian Government by the 26th February 2010.
Source: Online Pokies Club – the number one source for online pokies news and reviews.
Tags: Australian gambling, Productivity Commission
This entry was written by admin on Friday, January 22nd, 2010 at 11:17 pm and is filed under Blog.
