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Australia news live: betting companies allegedly offered problem gamblers drugs to fuel addiction, Senate inquiry hears | Australia news

Parliamentary inquiry told gambling companies provided drugs to big spending punters

Tom McIlroy

A Senate inquiry into the Albanese government’s gambling laws has heard allegations that betting companies and casinos are providing big spending punters with drugs, free accommodation and escorts.

Anti-gambling campaigner Tim Costello told Monday’s hearing he was preparing to give a character reference to a man being detained in Sydney’s Silverwater prison, who was allegedly targeted by promoters.

The man is preparing to plead guilty to charges over theft of more than $12m, Costello said.

Costello alleged to the hearing that gambling companies including TAB and Sportsbet offered the man drugs, escorts, and free accommodation.

double quotation markHe was given free accommodation at Star Casino. He had to leave each week so they could technically say he wasn’t living there and come back the next morning.

He was the TAB’s biggest customer in that time. They were giving him $50,000 bonus bets. He was also Sportsbet’s biggest customer.

They were flying him to grand finals. They were offering him escorts, drugs, whatever he wanted. He was doing turnover of more than $20m a month.

He is very distressed, having been brought up in a church family, about the disgrace to his family and to himself, and that’s why he’ll be pleading guilty.

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Luca Ittimani

Luca Ittimani

Toll road operator says new deal won’t cost company money

The tollway operator, Transurban, says the NSW reforms won’t hurt its bottom line.

The changes are part of negotiations between the state Labor government and the private operator. Chris Minns, the premier, campaigned on a promise of ending Sydney’s “tollmania”.

The government’s central solution to date has been the weekly toll cap, with motorists paying no more than $60 a week (temporarily reduced to $50 for 2026-27). Transurban today announced it would also pay $75m to fund that cap.

Even accounting for that payout, the company says they won’t be suffering. They told investors the reforms would have no net cost to their near term distributions or their net five year funds flow, because they expect road use (and therefore total toll payments) to pick up.

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