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Are Australia’s clubs just suburban ca$inos? Are our pokies palaces just money-laundering operations with cheap beers?
This week, we investigate the $100 billion pokies industry propping up state budgets. AUSTRAC has launched a money-laundering probe into the Mounties, the biggest club in NSW, and whistleblower Troy Stolz tells us just how deep goes the rot.
Only 2.2% of pokies profits go back to the community, while criminals launder billions, mostly undetected, through suburban clubs.
State governments look the other way. Why? Because they’re hooked on the revenue.
🎰 Welcome to the real casino — it’s not on the Vegas Strip, it’s at your local RSL.
00:00 – Heres the Scoop
01:15 – Troy Stolz Whistleblower
02:52 – Busting the myth of Community clubs
04:12 – Pokie Profits investigation
Michael West established Michael West Media in 2016 to focus on journalism of high public interest, particularly the rising power of corporations over democracy. West was formerly a journalist and editor with Fairfax newspapers, a columnist for News Corp and even, once, a stockbroker.