Cash-strapped Aussies are turning to gambling as a ‘quick fix’ as expenses spiral out of control, according to new research by Finder.
A Finder survey of 1,110 respondents revealed almost 1 in 5 Australians (18%) have increased their gambling habit over the past year.
That’s 3.6 million Aussies who have upped their spending on everything from powerball to pokies.
The research found 3% are trying to win money because they’ve fallen behind on bills, while 3% hope to pay off debts.
Millennials (29%) are twice as likely as gen X (12%) to be gambling more.
Alison Banney, money expert at Finder, said Aussies are becoming increasingly desperate.
“Households need financial relief, as all of these increases to household bills mean many people…
Read the full article at: https://www.finder.com.au/aussies-gambling-more-2023