Such machines are regularly cited as a key driver of gambling addictions in Australia, which loses more money per capita to gambling than any other country in the world. The A$103 billion ($66 billion) fund’s Socially Responsible Investment option has a small holding in Endeavour Group Ltd., the country’s top hotel operator that runs about 12,500 electronic gaming machines - known locally as pokies - throughout its venues. (Bloomberg) - Hostplus Pty, one of Australia’s largest pension funds, has included a major slot-machine operator in an ethical investment product that bars firms with even minor involvement in gambling activities.
