Young gamblers losing more as sports betting presence grows

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Watching and betting on sport has become a costly pastime for many young Australians and new research shows that problem gambling is increasing among people aged 18 to 34.
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Australians lose an estimated $25 billion on legal forms of gambling every year. Researchers hope a federal parliamentary inquiry recommends legislation to limit sports betting advertisements.

Per capita, Australians lose more money gambling than any other nation in the world.

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