Victorians lose over $200m per month
January 26, 2006 on 7:12 pm | In Slot machine overviews |Unlucky punters in Victoria, Australia are losing over two hundred million Australian dollars per month on pokies. On an annualised basis, this works out to almost 2.5 billion Aussie dollars.
To be losing $200m per month, total annual turnover in gaming machines in Victoria is probably around 27.5 billion dollars.
The huge windfall is shared by government ($840 million), venue operators ($620 million), Tattersall’s and Tabcorp ($840 million) and the Community Support Fund ($200 million).
As with the previous article, we’ll estimate what else 2.5 billion dollars could buy:
-> Buy 100,000 average size cars.
-> Buy 1,700,000 average computers.
-> Buy 1,250,625 plasma televisions.
-> Buy 675,000,000 cups of coffee.
-> Buy 839,000,000 250 gram bars of chocolate.
Instead, the funds and the employment the above spending could create are being lost.
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rather than chocolate, cars or coffee, imagine what this money could do for medical research in Australia, we could have a cure for cancer in no time
Comment by Status — January 27, 2006 #