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how Australians became the world’s most enthusiastic gamblers

  • Written by Wayne Peake, Adjunct research fellow, School of Humanities and Communication Arts, Western Sydney University

The story goes that the late billionaire Australian media magnate Kerry Packer once visited a Las Vegas casino, where a Texan was bragging about his ranch and how many millions it was worth.

Packer produced a coin from his pocket and said: “I’ll toss you for it: my cash against your ranch”.

The Texan declined.

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