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$4.4 billion: Price Paid for Gaming

29 October 2002

AUSTRALIA -- As reported by the Age: ``Almost $4.4 billion was lost by people gambling in Victoria last financial year, according to the annual report of the state's Casino and Gaming Authority.

``The money lost included almost $1 billion at Crown Casino, $385 million on lotteries and $527 million on racing and sports betting.

``A further $2.56 billion was lost on poker machines in clubs and hotels outside of Crown Casino - an increase of 8.3 per cent on the previous year.

``It is believed to be the first time total gambling losses for the state have been published. The total figure of $4.4 billion indicates that an average of $1193 was lost on gambling for every adult Victorian in 2001-02.

``In the same period, $1.4 billion was paid to the state in gambling taxation.

``…The report also revealed that 32 people were prosecuted last year for 106 offences for breaching Crown Casino exclusion orders. Crown was prosecuted in court for seven separate instances of minors entering the casino…"

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