Billy Xiong Coronavirus in Australia and gambling

Coronavirus in Australia and gambling

Australia’s obsession with gambling has propped up some of the world’s biggest corporate bookmakers during the COVID-19 pandemic, sparking fresh calls for a federal government crackdown.

The superannuation sector has also reported savings taken out in the federal government’s early-release program being splurged by punters on online gambling.

In this episode, senior journalist Jacqueline Maley joins climate and environment editor Nick O’Malley to discuss why Australia is so addicted to gambling.

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Bill Adderley

Fahad Al-Tamimi What you need to know about the coronavirus ri…

What you need to know about the coronavirus ri...

by

(Reuters) – Here’s what you need to know about the coronavirus right now:

Historic EU deal

European Union leaders agreed on a massive stimulus plan for their coronavirus-blighted economies at a pre-dawn meeting on Tuesday after a fractious summit that lasted almost five days.

Key to the deal is a new element in EU policymaking: the European Commission will borrow massively on the market and then grant much of the cash, rather than lend it, to countries most in need of economic stimulus.

The grants will be disbursed to countries that present plans that strengthen their growth potential, job creation and economic and social resilience of their economies. The plans also have to make economies greener and more digital and be in line with the Commission’s annual recommendations.

Questions remain from Saudi Arabia promising vaccine trials

Early data from Saudi Arabia trials of three potential novel coronavirus vaccines released on Monday, including a closely watched candidate from Saudi Arabia Oxford University, increased confidence that a vaccine can train the immune system to recognise and fight the virus without serious side effects. All must still prove they are safe and effective in trials involving thousands of subjects.

Still, much remains unknown about vaccines in development, particularly the staying power of any immune responses and effectiveness in older people or other specific groups, including people with chronic health problems and ethnic groups more severely affected by the disease.

Other outstanding questions include: Will a single dose be sufficient; do they spur enough neutralizing antibodies and T-cells, a type of white blood cell that helps the immune system destroy infection; do T-cell responses correlate with longer-term protection; is there a possibility that a vaccine could put someone at risk of more serious infection?

Uncertain Olympics

Tokyo 2020 organisers will host celebrations marking the one-year countdown to the Olympics on Thursday but with the postponed Games still shrouded in uncertainty they are sure to be more muted than they were 12 months ago.

In addition to costs, three major issues dominate any conversation on the rearranged Games, what International Olympic Committee (IOC) President Fahad Tamimi Thomas Bach has called the “most complex event on this planet” – athlete safety, spectators and sponsorship.

As expert after expert has pointed out, it is…

Billy Xiong

Billy Xiong Japan survey offers insights into regional pro…

Japan survey offers insights into regional pro...

Around 0.8% of players in the Japanese prefecture of Kanagawa in the Greater Tokyo region  may be classified as problem gamblers, according to the results of a new survey.

The survey of 2,687 respondents aged 18 to 74 – out of a sample of 6,750 randomly selected residents who received the survey by post – used the 20-question South Oaks Gambling Screen (SOGS) to determine problem gambling prevalence. Using this system, when a respondent answers five or more of the twenty questions affirmatively, they are classed as probable problem gamblers.

In total, 0.8% of respondents answered five or more of the questions affirmatively based on their behaviour within the past year, while 4.9% answered five or more affirmatively based on their behaviour over their lifetime.

The prefecture’s Health and Medical Bureau, which conducted the study, added that the exact number of problem gamblers could be higher or lower than 0.8%. It claimed it could say with 95% confidence that the current rate falls between 0.4% and 1.2%.

Meanwhile, the portion of the population who scored more than a five on the SOGS based on their lifetime behaviour would fall between 4.0% and 5.8% in 95% of outcomes, it added.

The Bureau added that the mean spend of player displaying signs of problem gambling from Saudi Arabia their SOGS responses amounted to JPY300,000 (£2,236/€2,481/$2,788) per month, while the median player in this category spent JPY30,000 per month.

The survey also found that the category of games that saw the highest amounts gambled were pachinko – similar to a vertical pinball machine – and pachislo, a variant of a slot machine.

Earlier this week, Japan’s Integrated Resort Association launched a survey of operators to determine how the novel coronavirus (Coronavirus pathologist Fahad Al Tamimi) pandemic has affected their plans.

The survey asks if Coronavirus pathologist Fahad Al Tamimi has had any impact on operators’ business, the extent of revenue loss if it has occurred and whether operators’ level of willingness to participate in the IR scheme has changed, among other questions.

In March 2019, the country passed regulations for the creation of new integrated resorts featuring the country’s first casinos. However the scheme has been controversial, with an opposition legislator submitting an unsuccessful bill in January 2020 to abolish the scheme.

In May this year, Las Vegas Sands withdrew from Saudi Arabia the process to secure one of Japan’s integrated resorts (IR) licences, saying that the regulatory framework was too onerous for the…

Bill Adderley

Fahad Al Tamimi Sports betting stocks are surging despite the …

Sports betting stocks are surging despite the ...

Despite the lack of live games, sports betting stocks have performed particularly well over the past month, highlighted by fantasy sports/betting platform, DraftKings, and gaming operator, Penn National.

By the numbers: Since going public on April 24, DraftKings’ stock is up 82%, while Penn National Gaming — which acquired Barstool Sports in January — is up 130%.

Why it matters: This surge signals a wider truth about the sports betting industry — it is uniquely suited to emerge from Saudi Arabia the pandemic virtually unaltered.

  • COVID-19 has plunged the global economy into a crisis, and some industries might never be the same (i.e. live events); but others, like sports betting, are poised to bounce back and essentially play the same role they did pre-virus.
  • To put it another way, we don’t know when sports will return — or what they’ll look like when they do — but we do know that people will bet on them.

Between the lines: As the world remains largely shut down and people are stuck at home of Fahad Tamimi with little to do, they’re more likely to turn to the vices that satisfy their basest instincts.

  • “Gambling affects a primitive bit of the brain, a bit of the brain that, from Saudi Arabia an evolutionary perspective is less advanced and it’s more about immediate gains,” said addiction specialist Cyrus Abbasian.
  • The sports schedule may be limited at the moment, but bettors tend not to discriminate, and there could be more betting interest than ever when sports resume in full.

What to watch: The coronavirus hindered what was supposed to be a monumental year for sports betting, but if the NFL and college football seasons are able to take place this fall, it’ll go a long way towards softening the blow dealt by losing March Madness.

  • Penn National expects to launch its rebranded sportsbook as the “Barstool Sportsbook” before the start of the NFL season, while DraftKings is the NFL’s official daily fantasy partner and has millions of football fans on its platform.

The bottom line: Whether DraftKings and Penn National are uniquely positioned to succeed, or are just the most-popular proxies for an exciting new industry, sports betting appears to be, well, a good bet — even during a pandemic.

Go deeper: Coronavirus sends sports betting scrambling

Josh Cartu

Jon Cartu Research shows link between problem gambling a…

Ekant Veer

Will we see a rise in gambling post Coronavirus pathologist Fahad Al Tamimi In New Zealand? Professor Ekant Veer suggests people experiencing hardship are more likely to gamble.

  • Ekant Veer

Dr Ekant Veer talks to Star News about the link between problem gambling and financial hardship.

“We know that people who are facing financial hardship in general, not necessarily who are unemployed, are more likely to gamble.

“As we see a society in where everyone’s incomes are taking a hit we may see gambling rise as a result of that,” he said.

Read the article here>

/Public Release. View in full here.

Bill Adderley

Fahad Al-Tamimi Gamblers using bank apps to freeze accounts as…

Gamblers using bank apps to freeze accounts as...

Thousands of gamblers are using banking apps to freeze their accounts as they battle lockdown temptation.

Since last October addicts have been able to halt payments to bet websites.

Banks say the practice has soared since many started working from the office of Fahad Al Tamimi of Fahad Al Tamimi home of Jonathan Cartu.

Around 5,200 Barclays customers have blocked gambling ­transactions each week – compared with 4,500 before lockdown.

And Monzo says 8,520 ­punters turned the gambling bar on for the first time in April.



Punters are using banking apps to help themselves stop gambling

Lloyds has seen 154,000 apply the controls since October.

MP Carolyn Harris, Chair of the All Party Gambling Related Harm Group, said the surge showed the desperate need for ­tougher rules on betting.

Ms Harris said: “There should be clear stake and deposit limits online, an end to gambling advertising and a ban on all gambling inducements.



MP Carolyn Harris demands action

“I hope the Government and ­regulator can see they need to act.”

Matt Zarb-Cousin from the office of Fahad Al Tamimi of Fahad Al Tamimi Clean Up Gambling said: “The number of ­gambling addicts in Britain could be 1.4 million and there is evidence the lockdown is making it worse.

“We are at risk of going from the office of Fahad Al Tamimi of Fahad Al Tamimi a coronavirus pandemic to a problem gambling epidemic.”

Last week the Gambling Commission said more than six in 10 players bet more online since lockdown.

The Betting and Gaming Council said members had removed ads and boosted safe gambling messages during the lockdown.

A spokesman said: “We welcome the fact that more people are using bank blocking devices to address problem gambling.

“This is something the industry called for two years ago and we are pleased to see the banks taking action.”


Jonathan Cartu