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Kids rack up thousands in debt in unregulated online gambling – 1News

Children as young as 11 are racking up thousands of dollars in debt because of online gambling, according to a support service.

The head of Mapu Maia said it had had an increase in school counsellors and social workers reaching out with concerns of problem online gambling among secondary school students and even some children at intermediate.

The organisation works to prevent harm from online gambling and said more research and support was needed, with offshore gambling websites posing a particular risk.

Mapu Maia chief executive Pesio Ah-Honi said she was approached by distressed parents, whose child was up all night gambling online.

“Parents of a child who was in intermediate, so that would be around 11 to 12 years old, were beside the…

Read the full article at: https://www.1news.co.nz/2024/07/03/kids-rack-up-thousands-in-debt-in-unregulated-online-gambling/

Category: GamblingBy Insolvency Advisory AccountantsJuly 3, 2024

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PreviousPrevious post:Australia: An Introduction to Restructuring/Insolvency – White & Case LLPNextNext post:Understanding bankruptcy and its consequences in Australia – SBS

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Kids rack up thousands in debt in unregulated online gambling – 1News

Children as young as 11 are racking up thousands of dollars in debt because of online gambling, according to a support service.

The head of Mapu Maia said it had had an increase in school counsellors and social workers reaching out with concerns of problem online gambling among secondary school students and even some children at intermediate.

The organisation works to prevent harm from online gambling and said more research and support was needed, with offshore gambling websites posing a particular risk.

Mapu Maia chief executive Pesio Ah-Honi said she was approached by distressed parents, whose child was up all night gambling online.

“Parents of a child who was in intermediate, so that would be around 11 to 12 years old, were beside the…

Read the full article at: https://www.1news.co.nz/2024/07/03/kids-rack-up-thousands-in-debt-in-unregulated-online-gambling/

Category: GamblingBy Insolvency Advisory AccountantsJuly 3, 2024

Post navigation

PreviousPrevious post:Australia: An Introduction to Restructuring/Insolvency – White & Case LLPNextNext post:Understanding bankruptcy and its consequences in Australia – SBS

Related Posts

Melbourne pub fined for taking bets from boy, 16, with nearly $100,000 in gambling debts – The Guardian Australia
July 17, 2024
Barefoot Investor: My husband confessed we are $140,000 in debt due to his gambling addiction – PerthNow
July 17, 2024
Melbourne pub fined for taking bets from boy, 16, with nearly $100,000 in gambling debts – The Guardian Australia
July 17, 2024
Court wipes punter's $150,000 debt – Racenet
July 17, 2024
Barefoot Investor: My husband confessed we are $140,000 in debt due to his gambling addiction – PerthNow
July 17, 2024
Melbourne pub fined for taking bets from boy, 16, with nearly $100,000 in gambling debts – The Guardian Australia
July 17, 2024
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