An analysis attributed to Prime Minister Anthony Albanese’s office sets out the expected effect of Australian gambling advertising reforms planned for 2027. The report forecasts a A$62.7m reduction in betting spend.
The forecast gives operators and regulators an estimate of the reforms’ potential effect on betting spend.
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Australia’s Labor government and the opposition Coalition held a second round of talks on the gambling advertising bill, reportedly focusing on VIP inducements, protections for people leaving BetStop and online ad rules. The Senate committee is due to report on 17 August; the bill’s proposed reforms are scheduled to start on 1 January 2027, subject to passage.
iGamingToday reported that Prime Minister Anthony Albanese and opposition leader Angus Taylor discussed tighter gambling restrictions. A possible Senate agreement focused on betting inducements and advertising limits.
Australian Prime Minister Anthony Albanese agreed with Opposition Leader Angus Taylor to pursue limits on gambling inducements, according to the report. The proposed changes were being negotiated to secure Senate support for Labor’s bill, with advertising restrictions also under discussion and details still undisclosed.
iGamingToday reported that Prime Minister Anthony Albanese confirmed the Interactive Gambling Amendment bill would be introduced the following week. The legislation builds on reforms announced in April, including advertising changes.
It was reported that Australian Prime Minister Anthony Albanese told the Labor caucus he was confident gambling reform would pass with bipartisan backing. He presented the reforms as a strengthening of regulation.