Bloomberg Businessweek

Australia Battles Its Gambling Addiction

Slot machines provide billions in tax revenue at a high social cost | “The No. 1 jackpot junkies are state governments”

In 2012, after struggling with a gambling addiction for 13 years, Kate Seselja was ready to kill herself. The 37-year-old mother of six in New South Wales was contemplating driving her car into a tree after losing more than A$500,000 ($384,000) playing slot machines. “At first they were a bit of fun,” Seselja says of Australia’s ubiquitous slots, referred to as “pokies.” But soon what had been enjoyable became a painful obsession she couldn’t escape. “There’s machines

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