A brand new lawsuit will seek to establish that the slots industry in Australia is in breach of consumer law as they are deceptive and inspire addiction.
Australian poker machines (‘pokies’), or slots, since they are known in the US, are an industry that is multi-billion-dollar. Did you know, for example, that there are five times more slot machines per capita in Australia compared to 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 maybe they must be.
Aussies invest more per head on gambling than any other country in the global world, studies show; an extraordinary $1,179 in 2011-12. That’s well over twice as is gambled per capita in america and three times as much as in the UK.
The majority of this goes on pokies. Australians lose around $11 billion yearly regarding the machines, which comprises nearly two-thirds of the country’s gambling yield. And curiously, while gambling spend is up these full days, the proportion of the populace actually engaging in gambling has fallen over the past 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 hardly ever Continue reading