Labor’s plan to restrict gambling ads set to reduce wagering by just 0.8%, government analysis shows

Report by the prime minister’s office says a total ban would have a ‘higher net benefit’ but would hit sporting codes very hardFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe government’s plans to restrict gambling advertising will reduce Australia’s annual gambling expenditure by $62.7m a year – or just 0.8% – according to a government report which said a full ad ban would have had “a higher net benefit” but a large burden on media and sporting codes.The report from the Anthony Albanese’s office of impact analysis (OIA) also revealed podcasts, app stores and even the NRL and AFL websites will be subject to Labor’s gambling reforms, which ban online wagering ads unless those platforms build an opt-out feature for adults. Continue reading...