VIP gambling perks targeted as Labor, Coalition edge toward deal
Labor and the Coalition have held a second round of "constructive" talks on the federal government's proposal to restrict gambling advertising, making a major party deal likely.
Discussions between the Labor Party and the Coalition have led to a near-deal on proposed changes to gambling advertising regulations. The talks primarily revolve around VIP inducements, protecting self-excluded gamblers, and online advertising rules, with calls for an independent review. Both parties agree on the necessity of passing the legislation through the Senate within the next fortnight, which will require the Coalition's approval.
While the government seeks to crack down on VIP gambling inducements and streamline online ad restrictions, the Coalition focuses on protecting vulnerable and high-spending gamblers. They propose a cooling-off period for individuals who have removed themselves from the government’s self-exclusion register and targeted cuts to VIP offers, such as exclusive events and large bonus-bet offers.
The current proposal, however, allows streaming services to display gambling ads to logged-in users aged over 18 and for every adult user to opt-out, which harm advocates criticize as ineffective. The government's bill fails to address inducements and allows unrestricted online advertising for adults who have not opted out. Both leaders have met twice in recent days to negotiate the final agreement.
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