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International Business Times
International Business Times
World
Shreyashi Chakraborty

Australia Tops Global Gambling Losses With $1,635 Per Person, New Report Finds

Almost all gambling is forbidden in China but permitted in Macau (Credit: IBTimes AU)

A new report has revealed that Australia has topped the global list for gambling losses, with a staggering average annual loss of $1,635 per person.

The new report, named "A Better Bet: How Australia Should Prevent Gambling Harm," by the think tank Grattan Institute, has slammed the government for its "lax approach," which has allowed the industry to "run wild."

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