Decrease in gambling expenditure encouraging
Decrease in gambling expenditure encouraging, says PGF Media Release:
Wednesday 25th January 2006
“The decrease in gambling expenditure proves that the Gambling Act is beginning to work, and the Department is to be congratulated on a job well done,” says John Stansfield, CEO for the Problem Gambling Foundation of New Zealand (PGF).
This Department of Internal Affairs have released the latest gambling statistics for the 2005/06 year, which shows that gambling losses have decreased by 0.6% to $2.027 billion.
“Gambling expenditure is down, but there is still too much carnage from gambling harm. New Zealanders are currently losing over $2.8 million per day, and these levels are unsustainable,” says Mr Stansfield.
“It is encouraging to see an overall decrease in expenditure, and hope that the Gambling Act and Regulations reflect this with a decrease in problem gambling.”