Over $24 Billion a year is lost to gambling

New ABC statistics have revealed that Australians are losing almost $24 billion a year to gambling.

Over $5.1 Billion is lost through the casino industry, with around 2 million a year lost through both lottery and TAB betting. These statistics confirm that Australians lose more per capita than any other nation.  

This does not include online, interactive gambling, as the Howard Government’s legislation, the Commonwealth Interactive Gambling Act 2001, has banned these services.