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flag Foreign-owned bookmakers fuel Australian youth gambling with targeted ads, exploiting lax regulations and high-risk bettors.

flag Foreign-owned bookmakers like bet365 and Ladbrokes are flooding Australian media with gambling ads during the Ashes, contributing to rising youth gambling, with an estimated 600,000 teens aged 12–17 betting $18 million annually. flag Over 80% of online betting now goes to offshore firms licensed under a lenient Northern Territory system that allows opaque financial reporting, enabling extremely low tax rates—such as bet365’s 2% effective rate despite $292.6 million in Australian revenue. flag These companies profit from a small group of high-risk gamblers, mostly men aged 25–44 with financial or mental health stress, who generate the majority of losses through targeted advertising and behavioral tracking. flag Despite industry claims that ad bans increase illegal gambling, evidence from countries like Italy and Spain shows no such effect. flag Online betting has surged, with more than a third of sports betting linked to problem gambling and nearly one in five young men aged 18–24 now classified as problem gamblers.

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