Victoria is introducing a default $50 daily loss limit on gaming machines. This change comes from a deal between the Labor government and the Greens. Let’s break down what this means for you and how it might impact gambling in Victoria.
The new $50 daily loss limit means that, by default, you can’t lose more than $50 a day on gaming machines in Victoria. However, if you want to set a higher limit, you can do so through a pre-commitment scheme. This system will be part of a mandatory carded-play setup, meaning you’ll need a card to play any gaming machine in the state.
Why a $50 Daily Loss Limit?
The goal is simple: reduce gambling harm. Gaming machines can be very addictive, and people often lose more money than they can afford. By setting a default limit, the government hopes to protect people from losing too much money too quickly. It’s a step towards making gambling safer for everyone.
$50 Daily Loss Limit Political Support
This change didn’t happen overnight. The Greens secured these commitments in exchange for their support of the Victorian Responsible Gambling Foundation repeal and advisory councils bill. The bill passed in the upper house with amendments from the Greens and will now go back to the lower house for final approval.
Melissa Horne, the gaming minister, confirmed the government’s commitment to this new system. She called the changes the “strongest suite of reforms that will comprehensively change the way gambling is conducted in this state.”
Implementation and Timeline
Right now, the exact timeline for rolling out the mandatory carded-play system isn’t clear. The government is consulting with gambling experts, industry groups, and community organisations to iron out the details. So, while we know the changes are coming, we don’t have a specific date yet.
Overhauling the Tax Break Scheme
Another significant change is the overhaul of the community benefits scheme. This scheme allows gambling venues to pay lower taxes if they reinvest some of their revenue back into the community.
However, there have been issues with how this money is spent. Reports have shown that some venues use these funds for their operating costs rather than for community benefits.
In response, the government has agreed to review and improve this scheme. They plan to involve various stakeholders, including gambling harm reduction groups, to ensure the money genuinely benefits the community.
Expected Impact on Gambling Harm
The $50 daily loss limit is expected to have a real impact on reducing gambling harm. The Greens are particularly pleased with this commitment. They believe this practical reform will help curb the negative effects of gaming machines on Victorians.
By limiting daily losses, the government aims to reduce the financial stress and related issues that come with gambling addiction. It’s a preventive measure that could help many people avoid falling into serious gambling problems.
Transition of Responsible Gambling Functions
As part of the legislative changes, the Victorian Responsible Gambling Foundation will be dissolved on July 1. Its functions will be transferred to other bodies. Prevention and support programs, like Gambler’s Help, will move to the Department of Health. Awareness and prevention campaigns will go to the Victorian Gambling and Casino Control Commission.
This restructuring aims to streamline efforts to reduce gambling harm and make resources more accessible to those who need them.
Can the $50 Daily Loss Limit Turn the Tide?
The introduction of a $50 daily loss limit on gaming machines in Victoria is a significant step towards reducing gambling harm. This change, along with the overhaul of the tax break scheme and the restructuring of responsible gambling functions, marks a comprehensive effort by the government to protect its citizens from the negative impacts of gambling.
These reforms show a commitment to creating a safer gambling environment in Victoria. While there’s still work to be done, these changes are a positive move in the right direction. If you gamble, these new rules are designed to help you keep control and prevent excessive losses. Remember, gambling should be fun and not a source of financial stress.
Extra Support Resources
If you or someone you know is struggling with gambling, help is available.
- Lifeline Australia: (02) 6215 9400
- Gamblers Anonymous: org.au
- Gam-Anon: gam-anon.org
- Problem gambling help online: 1800 858 858 or visit org.au
