Australians bet more (and lose more) than anyone else

Australia 2The Guardian – Australians love a punt and new research shows we wager more, and lose more, than any other country in the world, according to a report published in the Economist. It puts Australian gambling losses at about $1144 a resident. But Australians are only the world’s biggest punters because they have the most opportunity to fritter cash away, anti-gambling campaigners say.

“Gambling is just like eucalyptus oil – it’s natural,” said Tim Costello, chairman of the Australian Churches Gambling Taskforce. “But in Australia we’ve allowed gambling to proliferate more than anyone else in the world.”

Monash University gambling researcher Dr Charles Livingstone says Australia has the highest concentration of poker machines in the world. The biggest clusters are in disadvantaged areas along the east coast, fuelling domestic violence, crime and mental illness, he said.

The average Aussie lost about $520 on non-casino poker machines last year, the report by the British consultancy firm H2 Gambling Capital said. The independent senator Nick Xenophon said the figures were an “urgent wake-up call” for politicians.

“Let’s not forget that, with pokies, 40% of losses come from problem gamblers, with five to 10 people affected by each problem gambler,” he said.

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