Concerning figures
Responsible gambling advocates have expressed concerns about the high level of gambling activity in Australia. New research has revealed that Australians lost more than AU$11.4bn (US$7.7bn) in just one year playing slot machines, which are known locally as pokies.
create a national gambling harm regulator in the country
The Alliance for Gambling Reform’s chief advocate is calling on the federal government as well as the provincial states to create a national gambling harm regulator in the country.
The level of slots losses in New South Wales and Victoria were down by about 17% compared to pre-pandemic levels. This was largely attributed, though, to pandemic-related restrictions and closures.
No end in sight
The level of slots losses for the 2021-2022 financial year in Tasmania, South Australia, and Queensland were all higher than the 2018-2019 figures. Just looking at Victoria, people lost more than AU$2.2bn (US$1.5bn) playing slot machines in the 2021-2022 financial year. The average slot player in the province lost about AU$2,800 (US$1,900) during that period.
Monash University’s Gambling and Social Determinants Unit compiled the figures, mainly looking at gaming machines at clubs and pubs, but not at any casinos. Alliance for Gambling Reform chief advocate Tim Costello believes that gaming machine losses are only going to rise, despite people dealing with inflation and higher cost of living expenses.
He believes that gambling levels will likely increase as stress levels rise because: “People literally either get some relief from sitting in the zone in front of the machine, or they have a belief: I’m stuffed anyway, I can’t pay the rent or the mortgage anyway, but the pokies are maybe a shot.”
A widespread issue
Costello believes that a national gambling harm regulator could properly look into the health, social, and financial consequences associated with slot machine activity in Australia. Gaming machines are found all across the country, especially in the likes of clubs and pubs.
As anti-money laundering laws and systems get stricter at the country’s casinos, the Victorian Gambling and Casino Control Commission believes that criminals and gambling addicts could turn their focus to gambling at clubs and pubs instead where there is much less oversight.