A new lawsuit will seek to establish that the slots industry in Australia is in breach of consumer law because they’re deceptive and encourage addiction.
Australian poker machines (‘pokies’), or slots, since they are known in the US, are a multi-billion-dollar industry. Did you understand, for instance, that you can find five times more machines that are slot capita in Australia than in America? Or that over the last year, growth in gambling has outpaced the development of the Australian economy by 100 percent.
Politicians, anti-gambling groups, religious organizations, etc., are profoundly concerned about whatever they see as a gambling epidemic in the nation. And possibly they must be.
Aussies spend more per head on gambling than any other country within the globe, studies show; an extraordinary $1,179 in 2011-12. That’s above twice as is gambled per capita in america and three times as much as in the British.
Nearly all of this goes on pokies. Australians lose around $11 billion yearly on the machines, which constitutes very nearly two-thirds of the united states’s gambling yield. And curiously, while gambling spend is up these days, the proportion of the populace actually engaging in gambling has fallen over the very last 15 years, from 80 per cent in 2000, to 68 percent in 2014.
Machines are Deceitful
With figures modified for inflation, and assuming these statistics are proper, which statist Continue reading