Skip to main content

Victoria Gamblers Lose Record Amount of Money on Pokies in 2018

Recently updated on January 29th, 2019

Gamblers in Victoria, Australia, have lost a record amount of money playing pokies in 2018. This has caused quite a controversy and has led to anti-gambling groups calling for reform. Figures published by the Victorian Commission for Liquor and Gambling Regulation revealed their six-monthly venue loss data. This revealed that during 2018, gamblers in Victoria lost a record NZ$2.8 Billion to pokies.

Victoria Gamblers lose record amount of money in 2018

Victoria has Bad Year for Pokies

The recent reports released has shown that Victorian gamblers lost nearly NZ$108 million more in 2018 than they did in the previous year. In addition to this, the report also showed which casino saw the most money lost, as well as which month in the second half of 2018 saw the biggest loss. In terms of the venue that players lost the most money at, the report revealed that it was the Epping Plaza Hotel in Melbourne.

August was a bad month for pokie players, as they lost NZ$257 million. This is the second worst month on record. Brimbank, a council area 20km outside of Melbourne, has received the unfortunate distinction of being the area that lost the most money to pokies in 2018. Brimbank lost over NZ$146 million during the year.

Reforms Recommended

The Alliance for Gambling Reform hit out after the report went public. The alliance said that major reform was needed and that political parties should be ashamed of themselves for allowing this to happen. The alliance proposed several changes, including a maximum $1 bet limit, reducing the operating hours of casinos, and less addictive designs for the pokie games.

Australia’s largest pokie operator, ALH/Woolworths, operates 12 000 pokie machines across the country. ALH/Woolworths accounted for $700 million of the losses in Victoria. Added to that, Australia is the biggest gambling market in the world. Aussie players gamble an average of NZ$1308 per person, which is significantly higher than the next nation, which is Singapore.



Related Posts

Win an Audi A3 in the Dream Drive Promo

Recently updated on March 15th, 2019Have you always wanted to drive an Audi A3 at some point in your life? Then you are at the right destination. BGO casino has an ongoing promotion for Kiwis; all you have to do is to participate in their exciting ‘Dream Drive’ promotion this March. With this promotion, online […]

Sporting Index losing NZ$59 000 to Bad Maths

Sporting Index Lost NZ$59 000 on a Slip-Up – NZ Betting News

Recently updated on July 16th, 2018In the run-up to Sunday’s final, some UK bookmakers were a little too optimistic about goals. One bookie, Sporting Index, overestimated the amount of disallowed goals during the FIFA World Cup. This estimation was eventually exploited by one player, and the sportsbook is now liable for US$40 000(NZ$59 000) in […]

Christchurch Casino License Riding on Charitable Trust Donations

christchurch casino licence renewal charitable conditions

Recently updated on April 10th, 2019Christchurch Casino was one of the first gambling companies to receive an operating licence back in 1993. They received a 25-year licence, and now they are up for a casino licence renewal. However, in new developments, the Gambling Commission has a condition for the gambling company to be able to […]

PIF Study Reveals Youth Gambling Problem in New Zealand

pif-study

Recently updated on July 1st, 2019Pacific Islands Families (PIF) Study has revealed a deep-rooted youth gambling problem amongst NZ teens. Research shows A large subsection of teens in New Zealand start gambling at a young age. Many become compulsive gamblers by the age of 17, below the legal gambling age. This study conducted on over […]

Gambling with Debit Cards to be Blocked by UK Banks

UK Banks to Block Cards for Local Gambling – NZ Betting News

Recently updated on January 9th, 2019Rising problem gambling and participation in the United Kingdom has sparked banks to take action. Starting this year, four UK banks will give players the option to block gambling transactions. Measures include blocking debit card payments at bookmakers and casino websites. Barclays was the first to offer the option. Lloyds, […]