With hundreds of millions lost to gambling every month, lawmakers in Australia post the elections confirmed their dedication to implementing meaningful changes to the sector, ensuring the protection of consumers and reducing the money lost to gambling. Such expenses soared to a staggering AU$9.6 billion ($6.3 billion) in 2022, up by more than 70%. Before the pandemic, Australians spent an estimated AU$5.6 billion ($3.66 billion) on online gambling. The losses to gambling on a yearly basis are in billions, a warning sign that many people are affected by the activity and may suffer from at-risk or problem gambling. Gambling is identified as a public health risk in Australia, considering that hundreds of millions are lost to the activity on a monthly basis.
