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RE: Funneling to few, sinking to own and frontrunning institutions

in #investing5 years ago

For those counting, those 8900 machines in 25 most profitable clubs is 890,000,000 - almost a billion a year AU. That is about 10x the entire market cap of Steem.

There are 200,000 machines in Australia. Do the math.

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Wow. It’s legal all over Australia? Or just in special clubs, for adults I assume?

Just for adults in Australia in general, places that serve alcohol like pubs, clubs, casino. In Finland (where I live now) it was only recently that they raised the age from 15 to 18 for slot machines.