betting and organised crime. It will also focus on regulation, monitoring and intelligence, policy, and programme delivery, including education and outreach. Included in the Wood Review recommendation is the proposed establishment of the Australian Sports Wagering Scheme (ASWS), to streamline current processes and to provide clarity, transparency and consistency of the sports wagering regulatory regime at a national level. Consultation in respect of the ASWS is currently underway.
THE IMPACT
In March this year, following the outbreak of Covid- 19, Australia’s land-based casinos, hotels and clubs went into full lockdown. For licensees operating poker machines (slots) and other casino games (which are only played in landbased casinos), this resulted in a significant source of revenue disappearing.
Venues in Australia have been gradually starting to open up, but it has been a bumpy ride. In Victoria poker machines were due to be switched back on from July 20. Unfortunately, another wave of Covid-19 infections has once again resulted in lockdown in Victoria for at least six weeks (or
possibly longer) starting on August 2. Tis may spread to other parts of Australia, threatening the financial viability of the industry and also potentially increasing the risk to vulnerable members of the community of gambling-related harm.
Racing, including greyhound racing, is one of the last organised sports still operating in Australia after shutdown measures came into effect. It has operated under strict biosecurity protocols. All three racing codes have been racing without trackside crowds, reduced the number of people on course to “essential” personnel, and put social distancing rules in place, which were intended to stop person-to-person contact. Tese measures have been very successful in terms of there not being any Covid-19 outbreaks. Wagering in relation to sporting events, however, ceased, which resulted in an increase in wagering on racing.
Te strategy and economics consultancy Alphabeta Australia (part of Accenture), in conjunction with credit bureau Illion, have developed a real-time tracker of economic activity through Covid-19, by analysing consumer spending on a weekly basis using data available in respect of around 250,000 Australians. Tis provides valuable insights into the
Gambling GGR data 2018 Casinos
Gaming machines Racing (total)
Sports betting (total)
$25.2bn $149.5m $25.8bn $11.6bn
Racing, including greyhound racing, is one of the last organised sports still operating in Australia after shutdown measures came into effect. It has operated under strict biosecurity protocols.
NEWSWIRE / INTERACTIVE / MARKET DATA P63
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