The Normalization of the Sports Betting Industry and Its Effe ...

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Abstract

The sports gambling industry in Australia has experienced significant growth over the past two decades, raising concerns about its impact on adolescents. Despite being the fastest-growing form of gambling in the country, it has received limited attention from policymakers and educational institutions. This report investigates the effects of the sports betting industry on adolescents by examining both its advantages and disadvantages. The findings highlight the benefits for stakeholders, including betting agencies, sporting clubs, and fans, such as increased accessibility, diverse betting options, enhanced matchday experiences, employment opportunities, and revenue generation. However, the rapid expansion of sports betting advertising and sponsorships has contributed to public health concerns. Increased exposure to gambling promotions has been linked to mental health issues, including depression, and heightened substance use, such as alcohol, tobacco, and drugs. Drawing on parallels with past regulatory measures for alcohol and tobacco advertising, the report identifies key harm minimization strategies. To mitigate risks, the report recommends that educational institutions implement programs to raise awareness of gambling-related harms. Additionally, policymakers should introduce stricter regulations on sports betting promotions and assess the potential benefits of raising the legal gambling age. These measures aim to address the growing influence of sports betting among young Australians and ensure responsible industry practices.