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Problem Gambling In Australia
1/18/2012 : INTERNET GAMBLING THE FASTEST GROWING IN AUSTRALIA
Problem gambling researcher publishes new study
Australian problem gambling researcher Dr. Sally Gainsbury appears to have again ignited the mainstream press headlines Downunder with the release of her latest study on online gambling, which she says shows that the phenomenon is the fastest growing form of gambling in Australia, and carries concomitant risks to compulsive gamblers.
Gainsbury's study of online gambling habits in Australia surveyed more than 6,500 people, and found that 50 percent of participants had taken up gambling in the past six years due to its accessibility and convenience.
''Australia is one of the strongest international markets for online gambling, particularly online sports betting, on which an estimated A$600million is spent annually,'' Gainsbury, a gambling researcher at Southern Cross University, said.
In the survey, Gainsbury found that close to 16 percent of online gamblers were problem gamblers, who lost on average A$825 a month. Half of problem gamblers had disrupted sleep and a third said their eating patterns had changed.
The well-known opponent of internet gambling, South Australian Independent senator Nick Xenophon said Australia already held the dubious title of the country with the highest gambling losses per capita and the greatest problem gambling rates.
''The next tidal wave of problem gamblers will come from online gambling unless we take urgent action now,'' he told local newspapers.
The study, a self-selected online questionnaire, found that internet gamblers participated in five forms of gambling, on average, compared with three forms used by non-Web-based punters. It also revealed that many people used the internet in addition to traditional wagering.
Online gamblers were more likely to be men who worked full-time or were students, were married or lived with a partner and had a higher income than non-internet gamblers. The majority of online gamers used the internet for race wagering and sports betting, followed by casino games and poker.
Between 2004 and 2008, the number of online sports wagering accounts increased by 103 percent, the study reports.
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Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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