Australian Pension Funds are Knee-Deep in Gambling Stocks, but the Iceberg Goes Deeper Still

This week, Australian anti-gambling advocates unveiled a report that makes startling reading for anyone with a pension: the 20 largest superannuation funds in the country hold a combined US $10.3 billion in gambling stocks. That is a lot of money by anyone’s reckoning. And per data from the advocates’ report, the larg…