We lose $666 million every week, a $1,000 every second to gambling.
Summary
A new report from the Australia Institute estimates Australians lose approximately $666 million weekly, or more than $1,000 every second, to gambling. The report, titled "Australia's National Gambling Toll," highlights that this figure has grown since the 2023 Murphy Inquiry and that Australians lose more money gambling per capita than any other country. The analysis argues that gambling harm should be treated as a public health issue, noting its severe impacts on financial stability, relationships, and mental health. The report criticizes the Federal Government for not fully implementing the Murphy Inquiry's recommendations, specifically calling for a complete ban on gambling advertising. It also warns that rising living costs are exacerbating the financial pressure on vulnerable households. The Hawkesbury Gazette is currently seeking community input to explore the local impact of gambling and available support services.
(Source:Richmond, Nsw)