New South Wales will become the first Australian state to ban betting on live-odds advertising on television and radio during sporting events which are less than four hours long.

The state government claims that the changes, which come into effect next March, will reduce problem gambling and ensure the integrity of sports betting.

Acting Premier and Minister for Justice Troy Grant said that live betting poses an increased risk to problem gamblers as it “allows bets to be placed on impulse or in larger amounts to chase expected losses during a game.”

Premium subscribers continue here to the full article.

Related

GIQ Magazine Digital Edition