Wednesday, September 20, 2006

Auzzies Lose $18.8B/Yr Gambling

Australians lost a record $18.8 billion gambling last financial year, the equivalent of almost 2% of the national economy.

Households spent more per head on gambling each week ($17.60) than on fuel and maintenance for cars ($17), and almost as much as they spent on clothing ($18.50), unpublished Bureau of Statistics figures analysed by Commsec show.

I am so glad the gambling vice never grabbed my attention.

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