Gambling losses in Australia are at a record high after punters frittered away almost A$24bn

That equates to $1000 per person living in Australia in the last year.

Gambling stress pushes more than 400 Australians to suicide each year, a figure that has been given credence by Australia's Productivity Commission. Mr Costello mostly blames devices that are "built for addiction, releasing the dopamine (a mood-setting chemical) that hits your brain with the force of cocaine."