Report: stop credit line to problem gamblers

THERE is a groundswell of support for a complete overhaul of the online sports betting industry following a damning report into the tactics used to hook punters.

The Duds, Mugs and the A-List report revealed online gamblers were subjected to swift and brutal debt recovery measures if they fell behind on payments.

It found customers could lose assets such as the family home, savings and superannuation in a short time because of unregulated credit being provided to them.

When a bet turns to debt: How gambling ruins lives

Senator Nick Xenophon commissioned the report after hearing a story about a man who lost his life savings in four sports betting sessions.

The report recommended legislative changes to prohibit credit for gambling purposes and an overhaul of credit laws to ensure sports betting companies complied with responsible lending obligations as other credit providers have to, including assessing capacity to repay credit.

Council's $3.5m decision on Yamba intersection

premium_icon Council's $3.5m decision on Yamba intersection

Council committee decides to pursue roundabout over traffic lights

Council promotion receives a good rating from winners

Council promotion receives a good rating from winners

Two Grafton residents have won $1500 off 2018/19 general rates bill

Truck rolls on highway

Truck rolls on highway

A truck has come to rest on a major highway

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