Representing Australia's online wagering and sportsbetting industry
The Australian Wagering Council (AWC) is the peak industry body representing Australia's online wagering and sportsbetting industry.
Through policy leadership and advocacy, the AWC provides a united industry approach to issues that impact the continuing sustainability of the industry. This includes taking all appropriate measures to protect the integrity of sport and ensuring high standards of probity, integrity and social responsibility from its members.
The online wagering and sportsbetting industry operates in a highly regulated environment in accordance with an extensive framework of government (federal, state and territory) legislation and regulations, responsible gambling and advertising codes together with broadcast and advertising industry codes of practice.
AWC members provide a recreational and social experience for over two million Australians balancing the legitimate right of customers to wager on racing and sporting events with the industry's responsibility to protect consumers and minimise harm to vulnerable members of the community.
The Australian Productivity Commission Report into Gambling (2010) reported that wagering on racing (thoroughbred, harness and greyhounds) represented 13.6% of the Australian 'official' gambling spend with sportsbetting estimated at 1.2% or $200 million of the total $19 billion spend. In comparison, 55% was spent playing the 'pokies' in clubs and hotels, 18.2% on casino gaming and 12% on lotteries, pools and keno.
The online wagering and sportsbetting industry in Australia employs more than 1000 Australians, pays in excess of $100 million to racing and sports and contributes over $100 million per annum in taxes to government.
The AWC actively supports community initiatives such as Responsible Gambling Awareness Week (in May each year) to raise awareness of the importance of responsible gambling practices and the importance of maintaining a balanced approach to gambling and National Consumer Fraud Week (in June) to increase the level of fraud awareness in the community.
The AWC believes that it is essential to ensure that all policy-making be based on robust research. As such, it supports the need for further research to provide comprehensive data upon which to base evidence-based policies.The Centre for Gambling Education and Research (CGER) at Southern Cross University is currently conducting a 'Study on Social Media, Gaming and Gambling' to examine the intersection, convergence and cross over between social media, social gaming and gambling. The study, led by Dr. Sally Gainsbury and Professor Nerilee Hing is commissioned by Gambling Research Australia. An online survey which includes questions to assess social media use, gambling, social casino games and practice gambling games has been launched by the CGER. All Australians who have actively used social media, social casino games, or gambled in the past 12 months are eligible to complete this survey.
Tue, October 28th 2014 | Releases
AWC SUPPORTS EXAMINATION OF INTERACTIVE WAGERING LAWS
Fri, September 12th 2014 | Releases
Time to crack the whip on illegal offshore operators