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Long odds and high risks : Comments
By Ray Cleary, published 10/3/2008Filling government coffers is one thing, but tearing apart marriages and destroying families in the process is quite another.
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- but wait! Isn't the law being flouted here?
Surely the odds should be posted on each machine. Don't the labelling laws require it? If there was a table explaining input / output over time, that would be a very sobering thing for a user to contemplate.
Then again, there should be no centralised odds fixing mechanism. It should be up to the owner of the venue to set the odds. Then people could shop around for the best odds. Hey! We could call that "The Free Market".
Why aren't the ACCC looking into this, and why are the slot machines exempt from competition?