Record losses: Australians still 'world's biggest gamblers'

By Nick Toscano
Updated December 5 2017 - 8:43pm, first published 6:03am
CUP 031104 AFR photo Tamara Voninski
The Melbourne Cup Day celebrations at King Street Wharf in Sydney today featuring street performers including this jockey and horse as well as fashion shows.
generic melbourne cup horse racing tab bet betting gamble gambling fashin hat hats SPECIALX 21498
CUP 031104 AFR photo Tamara Voninski The Melbourne Cup Day celebrations at King Street Wharf in Sydney today featuring street performers including this jockey and horse as well as fashion shows. generic melbourne cup horse racing tab bet betting gamble gambling fashin hat hats SPECIALX 21498

Australian gambling losses have hit an all-time high after punters burned through nearly $24 billion in a year, more than half of which was poured into poker machines at pubs and clubs across the country.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Ballarat news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.