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Australia’s COVID-19 Lockdown Gives Windfall to Gamblers

Australia’s COVID-19 Lockdown Gives Windfall to Gamblers
Australia’s COVID-19 Lockdown Gives Windfall to GamblersReading Time: < 1 minute

 

The lockdown in Australia due to the COVID-19 crisis has given gamblers an unexpected windfall.

Facilities that offer electronic gambling machines have remained closed because of restrictions designed to slow the spread of the virus.

“That means that Australians are saving one billion U.S. dollars a month. And that is money that is appearing in people’s bank accounts and they are able to pay the bills and put food on the table, and for many people who are gambling heavily, this has come as a huge relief,” Tony Mohr, executive director of Alliance For Gambling Reform, said.

Australians lose more money to gambling than people living in any other country, almost 25 billion Australia dollars (about 16.3 billion U.S. dollars) a year. More than half of that money is pumped into electronic gambling machines.

“A woman at Easter had told me that she had money to buy Easter eggs for her children without trying to work out where to get the money from for the first time in years,” gambling reform advocate Anna Bardsley, who had a 10-year addiction to electronic gambling machines, said.

“The time is a huge loss to me. I’ll never get that time back and time that I could have been doing much better things, time that I should have been spending with my children. It was such a huge waste of time,” she said.

The shutdown has hit Australia’s gambling industry hard financially.

NSW Clubs, which represents more than 1200 facilities in New South Wales that offer electronic gambling machines, has reportedly estimated a loss of more than 35,000 jobs.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Australia’s COVID-19 Lockdown Gives Windfall to Gamblers

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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