Australians lose $11.4 billion on Pokies

Australians lose $11.4 billion on Pokies

Summary:

According to a study conducted by the Gambling and Socialants Unit at Monash University, Australians lost over $11 billion on gambling machines during the financial year. The data was collected only from pokie machines in pubs and clubs and not from machines located in casinos. The state of Victoria had the biggest losses at over two billion dollars.

According to research carried out by the Gambling and Social Determinants Unit at Monash University, Australians lost over $11 billion on gambling machines during the financial year of 2020-21. Losses on pokie machines in pubs and clubs are not included in the research.

Gambling losses in Victoria and New South Wales declined due to the global Pandemic, according to the study. When compared to the pre-pandemic figures, the states saw increases in overall losses. The data was collected only from pokie machines in pubs and clubs and not from machines located in casinos. Western Australia does not allow pokie machines in pubs or clubs, so it was not included.

According to the report, Victorians saw the biggest losses as gamblers in the state lost over two billion dollars. According to the data, the average pokie machine user lost $2800 during the period. In New South Wales, the average user lost about $450 during the same period.

Charles Livingstone, the head of the Gambling and Social Determinants Unit at Monash University, spoke about the results.

People decided to get back into the clubs and spend a lot of money. My hypothesis is that it is a consequence of the stresses and strains people have been living under.

Tim Costello is the Alliance for Gambling Reform’s top spokesman.

It goes up when it’s stressed. People either get some relief from sitting in the zone in front of the machine, or they have a belief that the machines are a good way to make money.

The Australian government should establish a gambling harm regulator, according to Costello. The financial and social consequences of pokie machine addiction in Australia would be highlighted by this.

He went on to say more.

The federal government needs to establish a national gambling harm regulator that can coordinate efforts to reduce the terrible toll gambling iswreaking on Australian society.

It is possible to bring the states together, it is possible to reduce the number of poker machines, and it is possible to fast-track harm minimisation measures. There is no coordination and no will to act at the moment.

Kids are going hungry because the courts are full of crime. It is estimated that 25 per cent of domestic violence is caused by gambling losses. The picture of social misery is very different in the poorer parts of the country.

Despite calls for federal intervention, the Federal Social Services Minister said that the legislation governing pokie machines was a state responsibility.