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According to the BBC, Mr Watson accused the response of being ‘vague’; however, he does applaud the Premier for putting the issue on his agenda. There are currently more than 33 000 FOBTs in betting shops across the United Kingdom. In 2012, they generated more than £1.4 billion in wagers from local punters. Responsible gambling advocates hope that Cameron’s review of the country’s gaming machines will result in stricter regulations that would help to reduce gambling losses from punters across the UK.
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H2 Gambling Capital, an analytics company, made a comparison between all the gambling losses of Australian players, US players and Singapore players. The loss of local AU gamblers was about 50% more than the ones acquired by the players in other countries.
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Despite the current disposition towards Australia’s pokies industry, it seems that the popular casino game actually makes a significant contribution to the country’s economy each year. Last week at the Australasian Gaming Expo, it was announced that the casino game results in an estimated AU$8.32 billion being injected into Australia’s economy.
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