Labor’s plan to restrict gambling ads will reduce spending by just 0.8%, government analysis says

A government analysis from the prime minister’s office indicates that the Albanese government’s plan to restrict gambling advertising will reduce Australia’s annual gambling spending by only 0.8%, or $62.7 million. This report suggests that a total ban on gambling advertisements would yield a "higher net benefit." However, a complete ban would significantly impact sporting codes and media organizations. The current plan's limited effect raises questions about its efficacy in curbing overall gambling expenditure.