Australia: Leading the way in gambling losses

Tuesday 4 February 2014

A new chart from The Economist shows that Australia is leading the world in gambling losses, losing more than $US1,000 a year per resident adult, with more than half of these losses coming from poker machines (see below graphic).

Check out our pokie losses per head! Perhaps it’s time for The Whitlams to re-release:

About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.