Tabcorp want gambling rethink
Tabcorp wants the federal government to overhaul a raft of rules for the gaming industry, including those relating to advertising.
Chairman Paula Dwyer says Tabcorp shares the community’s view that there are too many gambling ads, and she’s also concerned about how ads are regulated differently in each state and territory.
Ms Dwyer also wants a single, national rule in relation to the offering of credit by bookmakers and says she believes the government’s review of illegal online wagering could help provide a level playing field for all gaming operators.
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Her calls came as Tabcorp released a first quarter trading update showing revenue rose 1.1 per cent to $543.5 million ahead of its annual meting with shareholders.
Australians have been the world’s heaviest gamblers in per capita terms since the late 1990s, losing around twice per person the amount lost in the US or New Zealand.