Wednesday, 21 November 2012

Gambling

Australia has a problem with gambling.
The Productivity commission has examined this issue.

I have a personal issue here. My parents lost about $500k due to someone gambling it away on poker machines.

It seems to me that the industry is being contradictory.  if problem gamblers are only a small proportion of people who gamble then revenues will not be affected. if they are a large proportion ,as the PC says they are , then they will affect revenues.

The Industry say that they are a small proportion but also they will affect revenues quite a lot!

Thus I have little sympathy for clubs who say they might be strongly affected by curbs on how much a person can gamble.

This is exacerbated when they claim most of their revenues go to community projects.

This claim will only hold up when this revenue only comes from people who gamble responsibly.