Australia is a rich a country, so it's no surprise that their country can lose that huge but it doesn't mean that people there are heavily addicted on gambling. The amounts that they gamble may look big to us but actually it was the only amount they can afford to lose.
Australia has proven to be a totalitarian state, just like Canada and many other countries during the pandemic. They showed their cards early, so this doesn't surprise me at all. It's only going to get worse for people living there, so if you're fine with no privacy and no freedom, go ahead and live in Australia.
Prevention is still better than cure like they say, so I like the initiative of banning credit cards in casinos.
It's a leftist way of introducing restrictions into society.
What if only 1 person out of a 100 falls victim to something, like a scam, addiction, whatever, but prevention enforced through restrictions makes the life of all 100 harder?