by Chris Becker
Time to double down and buy casinos and pokie operators (Woolworths is the biggest if you didn’t know already), as news from The Economist paints an ugly picture of Australian society:
Thankfully the stats don’t include punting on house prices, otherwise what an embarrassment.
But in all seriousness, pokie machines – which make up more than half of all gambling losses – are a blight on our society. And while alcohol and cigarettes are also used by consenting adults, consumption of both have shown a serious decline in recent years.
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But $12 billion a year, and 1 in 6 playing the pokies considered problem gamblers? That’s not winning.