{"id":777018255,"date":"2024-08-19T09:20:28","date_gmt":"2024-08-19T12:20:28","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777018255"},"modified":"2026-04-22T07:01:56","modified_gmt":"2026-04-22T10:01:56","slug":"think-tank-proposes-2-levy-on-australian-gambling-revenue","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/think-tank-proposes-2-levy-on-australian-gambling-revenue","title":{"rendered":"Think tank proposes 2% levy on Australian gambling revenue"},"content":{"rendered":"\n

The Australia Institute said a levy on gambling profits could compensate free-to-air TV for lost revenue from a proposed ban on gambling ads.<\/p>\n\n\n\n\n\n\n\n

Australia.- The Australia Institute, an independent think tank, has proposed a 2 per cent levy on gambling revenues<\/strong> to replace some of the money the Australian Broadcasting Corporation (ABC) could lose if a ban on all gambling ads<\/a>\u00a0is approved.<\/p>\n\n\n\n

Stephen Long<\/strong>, a senior fellow, and Richard Denniss<\/strong>, the executive director of the institute, said such a levy would cost the industry less than a quarter of a billion dollars a year. “That’s a tiny fraction of the money lost on wagering,” they stated.<\/p>\n\n\n\n

The think tank said: “A small levy on the many billions of dollars gambling companies extract from Australians could compensate the media for the lost revenue. Such a levy would cost the gambling industry less than a quarter of a billion dollars a year.”<\/p>\n\n\n\n

A week ago, a group of over 60 prominent Australians including former prime ministers, MPs, union leaders, sports figures, business professionals, health experts and community advocates signed an open letter<\/a> calling for a ban on all gambling ads within three years. The group is urging the Federal Government and the Opposition to commit to adopting all reforms recommended by the late Labor MP Peta Murphy\u2019s Federal Inquiry into Online Gambling<\/a>.<\/p>\n\n\n\n

See also:<\/strong> Australian communications minister refutes claims of industry pressure on gambling reforms<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Australia Institute said a levy on gambling profits could compensate free-to-air TV for lost revenue from a proposed ban on gambling ads.<\/p>\n","protected":false},"author":176,"featured_media":22068,"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 Australia Institute proposes a 2% levy on Australian gambling revenues to offset potential revenue losses for free-to-air broadcasters, such as the ABC, should a nationwide ban on gambling advertisements be implemented. This recommendation emerges amidst growing calls from prominent figures for a comprehensive ban on gambling ads, aligning with reforms suggested by the Federal Inquiry into Online Gambling.","focusai_entities":"The Australia Institute, Australian Broadcasting Corporation (ABC), Stephen Long, Richard Denniss, Federal Government, Opposition, Peta Murphy","focusai_location":"Australia","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.9), operator_casino (0.95), affiliate_publisher (0.9), marketing_crm (0.95), investor_analyst (0.9), journalist_researcher (0.95)","focusai_suggestions":[{"label":"Levy Impact Analysis","query":"What is the projected net impact of a 2% GGR levy on the EBITDA margins of major Australian licensed operators, considering potential shifts in player acquisition costs post-advertising ban?"},{"label":"Regulatory Framework Evolution","query":"How might the proposed advertising ban and compensatory levy influence the broader regulatory compliance landscape and governance frameworks for B2C iGaming operations in Australia?"}],"footnotes":""},"categories":[16336,157],"tags":[23911],"class_list":["post-777018255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018255","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=777018255"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018255\/revisions"}],"predecessor-version":[{"id":777018262,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018255\/revisions\/777018262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/22068"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777018255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777018255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777018255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}