Remember the day back in 2009 when Dick McIlwain, then the CEO of Tatts Group, made the following comment after the Victorian government took away his 50% share of Victoria’s pokies management duopoly?

I am not unhappy to be getting out of the poker machine business; they are not the sort of business I want to be in long term and they're on the nose all around the world.

A decade later and Australian losses on poker machines (including at casinos) have jumped by another 50% to hit $14 billion in 2019. This is a big chunk of the total $25 billion Australians lose to gambling each year.