{"id":777009489,"date":"2023-09-21T06:32:56","date_gmt":"2023-09-21T09:32:56","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777009489"},"modified":"2026-04-22T17:53:15","modified_gmt":"2026-04-22T20:53:15","slug":"queensland-annual-gambling-losses-reach-us3-2bn","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/queensland-annual-gambling-losses-reach-us3-2bn","title":{"rendered":"Queensland annual gambling losses reach US$3.2bn"},"content":{"rendered":"\n<p>Queenslanders lost a record AU$5.1bn (US$3.2bn) in the 2022-23 financial year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.- The Queensland government has reported that gambling losses in the state reached AU$5.1bn (US$3.2bn) in the financial year 2022\/2023. The figure was up 11.3 per cent from the preceding year (AU$4.6bn) and compare to AU$4.3bn in the pre-pandemic 2018-19 financial year.<\/p>\n\n\n\n<p>Electronic gaming machines accounted for AU$3.2bn (US$20.5bn), or 63.2 per cent, of the total losses while casino losses amounted to nearly AU$800m (US$512.72m). Lotteries accounted for AU$642.1m and betting AU$313.8m.<\/p>\n\n\n\n<p>Queensland attorney-general\u00a0Yvette D&#8217;Ath\u00a0cited various factors contributing to the increase in gambling, including shifts in discretionary spending patterns.\u00a0The government has implemented several measures, including a AU$7.8m allocation to Gambling Help Queensland in the current state budget.\u00a0<\/p>\n\n\n\n<p>Queensland has a AU$100 cash load-up limit and a minimum spin rate of 3 seconds for gaming machines in clubs and hotels. According to ABC, since July, 97 per cent of Queensland venues have followed a mandatory six-hour shutdown period starting at 4am. The government is now working towards making cashless gaming compulsory for transactions exceeding AU$1000 in Queensland casinos.<\/p>\n\n\n\n<p><strong>See also:&nbsp;<\/strong><a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/acma-blocks-5-more-illegal-offshore-gambling-websites\" target=\"_blank\">ACMA blocks 5 more illegal offshore gambling websites<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Queenslanders lost a record AU$5.1bn (US$3.2bn) in the 2022-23 financial year.<\/p>\n","protected":false},"author":176,"featured_media":17026,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Queensland reported record gambling losses of AU$5.1bn in FY2022-23, an 11.3% increase from the prior year, with Electronic Gaming Machines (EGMs) accounting for 63.2% of the total. In response to rising losses, the Queensland government has implemented and is proposing new responsible gambling measures, including increased funding for support services, mandatory venue shutdowns, and a move towards compulsory cashless gaming for high-value casino transactions.","focusai_entities":"Queensland government, Yvette D\u2019Ath, Gambling Help Queensland, ACMA","focusai_location":"Queensland, Australia","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), product_ux (0.7), tech_data (0.8), payments_fraud_aml (1.0), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Operator Revenue?","query":"How might the proposed cashless gaming mandate and other responsible gambling measures in Queensland impact the Net Gaming Revenue (NGR) and operational expenditures for licensed casino and club operators?"},{"label":"Cashless System Challenges?","query":"What are the primary technological and logistical challenges for B2B suppliers and casino operators in implementing a compulsory cashless gaming system for transactions over AU$1000 in Queensland?"}],"footnotes":""},"categories":[16336,28],"tags":[23907],"class_list":["post-777009489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-casino-news","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009489","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=777009489"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009489\/revisions"}],"predecessor-version":[{"id":777041285,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009489\/revisions\/777041285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17026"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777009489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777009489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777009489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}