The social cost of gambling to Victoria - Victorian Responsible Gambling Foundation -  Nov 2017

 

The second phase of the study estimated the costs of gambling to Victoria for all severity levels. It was found that when low-risk and moderate-risk categories were included, the cost of gambling in Victoria in 2014-15 totalled $7 billion, as compared to a previous figure of $2.4 billion when including only the more severe, but less prevalent, problem gambling group.

The research categorised the types and costs of gambling harm as follows:

  • $2.2 billion family and relationship problems

  • $1.6 billion emotional and psychological issues, including distress, depression, suicide and violence

  • $1.3 billion financial losses through, for example, excessive spending on gambling, bankruptcy and illegal offshore gambling

  • $1.1 billion costs to the Victorian government, such as research, regulation, and professional support services, including mental health and homelessness services

  • $600 million lost productivity and other work-related costs

  • $100 million costs of crime, including to businesses and the justice system.

 

 

[bottom.htm]