at first GambleAware Week New South Wales 2024independent body for Australian licensed betting providers, Responsible betting in Australia (RWA) has announced its support for this year’s event.
The organization confirmed that this support reinforces its commitment to promoting responsible gaming.
The campaign will help people have better control of their game.
During GambleAware Week 2024 New South Wales, which began October 21a series of resources will help safer gaming options.
The event will take place through October 27Raise awareness about the risks of gambling and the importance of using responsible gambling tools.
The theme of this year’s annual event is “Safer Gambling.” Do you agree?” and it will be underlined. Practical approaches that can help people maintain control over their gaming activities..
At the same time, this year’s campaign efforts will focus on effectively preventing harm caused by gambling.
The black market represents the biggest threat to Australia’s legal gambling sector.
Kai CantwellCEO of RWA, commented on this topic in statementhighlighting the importance of raising awareness about responsible gaming and addressing the various challenges facing the vertical.
It is important to note that the leader emphasized that The black market is the biggest threat to Australia’s licensed gaming industry..
According to Cantwell, the black market is 15% of the entire market, but its share is constantly growing.
The CEO added: «Unlike licensed Australian operators, illegal offshore providers ignore Australian laws, evade taxes and fail to protect customers.«
The RWA CEO highlighted the importance of making major changes to the country’s regulations that protect customers while taking a balanced approach.
Cantwell warned that data from markets like Italy, Sweden AND Denmarkamong other things, shows that “over-regulation of the legal market will leave a gap for illegal operators to exploit vulnerable Australians and target children with predatory advertising.”«
The dangers of the black market go further damage AND missing tax revenueputting Australia at risk racing and sports sectors This could be influenced by match-fixing or other manipulation attempts, Cantwell added.
The head of the RWA called on legislators to find a balance when introducing reforms in the gaming sector that allow Effectively combat harm without overregulating the industry..
Responsible gaming tools play a key role in the fight against excessive gaming.
Cantwell also spoke about the importance of responsible gaming tools.
During the week GambleAware in New South Wales reported that One of the objectives of the campaign will be to promote this type of tools. This can help reduce losses and gambling problems.
At the same time, Cantwell confirmed that the National Self-Exclusion Register, BetStopwill be promoted nationwide as a vital tool for safer gaming, complementing the robust responsible gaming tools provided by licensed operators.
Image credit: Pixabay.com
