
A brand new lawsuit will seek to establish that the slots industry in Australia is in breach of consumer law because they are deceptive and inspire addiction.
Australian poker devices (‘pokies’), or slots, since they are known in the US, are a multi-billion-dollar industry. Did you know, 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 economy that is australian 100 percent.
Politicians, anti-gambling groups, religious organizations, etc., are deeply worried about whatever they see as a gambling epidemic in the country. And maybe they must be.
Aussies invest more per at once gambling than any other nation within the world, studies show; an extraordinary $1,179 in 2011-12. That’s well over twice as is gambled per capita in the US and three times up to within the British.
Most of this goes on pokies. Australians lose around $11 billion annually on the machines, which constitutes very nearly two-thirds of the country’s gambling yield. And curiously, while gambling spend is up these days, the proportion of the population actually engaging in gambling has fallen over the final 15 years, from 80 % in 2000, to 68 percent in 2014.
Machines are Deceitful
With figures adjusted for inflation, and assuming these statistics are proper, which statistics rarely are, they ar Read More
