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The New Daily
The New Daily
Business
Matthew Elmas

Push to outlaw betting ads as big players take billions from punters

10 News First – Disclaimer

The federal government is under renewed pressure to outlaw gambling advertising with fears Australians are falling prey to soaring marketing budgets from betting firms.

Gambling giants such as Sportsbet and TAB dramatically increased their spending on marketing and promotions to lure Australians in last year, with over $280 million spent by the industry in 2022 amid a gambling gold rush across the nation.

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