00:00So we know, I mean, this goes with other gambling activities as well.
00:05We know for the last decade, fewer people are gambling,
00:08but just like you alluded to, we've seen this intensification of gambling,
00:14so they're spending more money.
00:16We've got race betting as well as sports betting that are largely now online,
00:21which makes spending a lot more easy and kind of the cashless economy
00:29has seen, and races betting is still, it's not the most popular,
00:32but you see the most expensive expenditure in that,
00:37especially on a day like a Melbourne Cup.
00:40And Melbourne Cup, I mean, it's known for an event that includes people
00:44who don't know much or if anything about horses or horse racing.
00:47What sort of opportunity does that then present for betting companies?
00:52Yeah, I mean, the Melbourne Cup is really the biggest gambling advertisement
00:57that we have, we have the whole nation stop for the whole day,
01:01offices closing, people getting pretty and social as well.
01:06And you might have people who've never gambled ever signing up
01:10for an online betting account.
01:12And then what happens after that?
01:14The betting account owner has got all your details.
01:20So then after that, you're becoming more vulnerable,
01:23being targeted by very tailored and personalised gambling advertising
01:28that we know is the biggest risk factor for people
01:31then experiencing gambling harm in the future.
01:34How does betting on racing compare to other forms of betting
01:38in this country at this time?
01:40I mean, yeah, it's, you know, we see this kind of glamour environment,
01:47which is, you know, very enticing for young people.
01:50Like I said, it's moving online mainly now.
01:53The race betting, it's been decreasing for the last kind of 10, 15 years,
01:58although it's now plateaued.
02:00And because of the online access, it's becoming way more easy as well.
02:06But you see really big, big losses in one day,
02:10even for those who only gamble once or twice a year,
02:13in tens of thousands, if not hundreds of thousands sometimes.
02:15And the taglines that we now see and hear on gambling ads,
02:19such as, you know, you win some, you lose more,
02:22are they having an effect here?
02:25I mean, yes.
02:26The gambling industry has a very effective counter-narrative to that,
02:32which makes it very attractive to young people.
02:37So when you hear you've got these little texts at the end
02:40of gambling advertisements,
02:42are you spending more than you can really afford,
02:46then counter-acted by this gambling industry narrative
02:49about it being glamorous and, you know, it's fun.
02:52So this becomes quite dangerous for young people.
02:55It's like these two places, two different worlds,
02:59is that you've got, you know, harmless fun versus then
03:02you might have woken up this morning after Melbourne Cup
03:04with a sore head, empty pockets as well.
03:08And then the disconnect between these two,
03:11whereas glamorous versus feeling horrible,
03:14it's really causing not just financial harms,
03:17but also psychological and social harms as well.
03:22So once someone is signed up,
03:23and, you know, that may have happened yesterday,
03:25they may have already had the app.
03:27Gambling is so accessible, it can be done covertly.
03:29How does an individual recognise that they have a problem
03:32and what steps do they then take?
03:36So there's obviously the financial problem.
03:39So if you feel like you might have bet more
03:41than you could afford,
03:43but it's really the regrets and, like, feelings of guilt.
03:47If you're feeling any of this,
03:49but also we've got pretty clear kind of low-risk gambling
03:52guidelines existing now.
03:57So if you bet more than $100 a day,
04:00you might think if you do that many times,
04:03you might want to seek some support
04:05or just have a break.
04:07So there's lots of support available
04:09for those who experience harm from their own gambling,
04:13but also those who experience harm
04:15from someone else's gambling.
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