Do cashless pokies cause higher losses?

Pokie machine
Pokie machine

When it comes to gambling, Australians are, hands down, the world’s biggest losers. On average, in 2017 every person in the Land Down Under lost the equivalent of AU$1,000.  Could the rise in cashless gaming – ticket-in ticket-out and cashback cards – boost those losses? Dr. Sally Gainsbury, associate professor at the University of Sydney who conducts research on the psychology of gaming, argues both sides of the issue. “Historically, the use of credit has been banned in land-based gambling, because when people use electronic transfers, they spend more, lose track of what they spend and win, and re-gamble winnings,” she said. At the same time, with electronic payment methods, “people can be more precise with how much they spend and cash out. They can be provided with activity statements to track their expenditure, set binding limits, and self-exclusion can be more easily enforced.” In an increasingly cashless society, it’s unreasonable to expect gaming...

Intelligence Articles is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. To continue reading, subscribe now.