Australia tops the gambling world

Posted By on May 29, 2011

WHEN the Australian Securities and Investments Commission quietly dropped its opposition this week to betting on interest rate moves it raised the odds of the lucky country continuing an unwanted winning streak.

The latest edition of The Economist ranks Australians as the worlds biggest gamblers per capita, spending the equivalent of 902 ($1208.75) each last year.

Australia has led for the past decade, since we started doing this, and has always been well ahead of the other nations, said Joel Keeble of H2 Gambling Capital, which provided the British publications data.

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