{"id":29301,"date":"2022-04-26T10:57:04","date_gmt":"2022-04-26T13:57:04","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=29301"},"modified":"2026-04-23T09:16:35","modified_gmt":"2026-04-23T12:16:35","slug":"calls-for-restrictions-as-slot-losses-hit-new-record-in-victoria","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/calls-for-restrictions-as-slot-losses-hit-new-record-in-victoria","title":{"rendered":"Calls for restrictions as slot losses hit new record in Victoria"},"content":{"rendered":"\n<p>The Alliance for Gambling Reform wants a nationwide system that would require players to set a maximum bet and play time<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.- The Alliance for Gambling Reform has called for the introduction of harm reduction measures in Victoria after players lost nearly <strong>AU$1bn<\/strong> on slots in the past four months. Player losses in March hit a record AU$257.3m.<\/p>\n\n\n\n<p><strong>Tim Costello<\/strong>, chief advocate for the alliance, said: \u201cIt\u2019s staggering that the Victorian Labor Government continues to allow this predatory industry to operate with such reckless disregard for our wellbeing when it is causing so much harm to communities across the state.<\/p>\n\n\n\n<p>\u201cMany of the LGAs with the highest losses are also some of the most stressed communities. It\u2019s clear that the industry\u2019s business model is built upon exploiting the most vulnerable among us to inflate their profits.&#8221;<\/p>\n\n\n\n<p>Costello is calling for a nationwide &#8220;lock in your losses&#8221; system, which would require players to set a maximum bet and play time. He also wants casinos to close at midnight.<\/p>\n\n\n\n<p>Last December,\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/player-losses-on-victoria-slots-reach-record-au251m-in-december\" target=\"_blank\">player losses on slots in Victoria reached AU$251m<\/a> after authorities eased Covid-19 restrictions.<\/p>\n\n\n\n<p><strong>Judge Raymond Finkelstein<\/strong>, who led the state of\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/victorias-vgccc-to-start-disciplinary-proceedings-against-crown\" target=\"_blank\">Victoria\u2019s inquiry into Crown Resorts<\/a>\u00a0has called for more independent oversight of casinos and restrictions on how much money gamblers can lose.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Alliance for Gambling Reform wants a nationwide system that would require players to set a maximum bet and play time<\/p>\n","protected":false},"author":176,"featured_media":2748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Alliance for Gambling Reform is advocating for a nationwide 'lock in your losses' system in Australia, requiring players to set maximum bet and play times, and proposing midnight casino closures. This call follows significant player losses on slots in Victoria, reaching nearly AU$1bn in four months, prompting renewed focus on harm reduction measures and independent oversight.","focusai_entities":"Alliance for Gambling Reform, Tim Costello, Victorian Labor Government, Crown Resorts, Judge Raymond Finkelstein","focusai_location":"Australia, Victoria","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), product_ux (0.75), tech_data (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Impact on Operator GGR?","query":"What is the projected impact on Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) for Victorian and national casino operators if a 'lock in your losses' system and midnight closures are implemented?"},{"label":"Regulatory Framework Evolution?","query":"How might the proposed nationwide 'lock in your losses' system influence the broader regulatory compliance and governance frameworks for iGaming and land-based casinos across other Australian states and territories?"}],"footnotes":""},"categories":[16336,157],"tags":[229,23909],"class_list":["post-29301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-gambling","tag-slot-games"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=29301"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29301\/revisions"}],"predecessor-version":[{"id":29312,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29301\/revisions\/29312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/2748"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=29301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=29301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=29301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}