By Liam Kennedy
Tasmania has fewer than 30 cryptocurrency ATMs, yet residents lost over a million dollars in just three months this year after being convinced to deposit their savings into the controversial machines.
























![Younger children now face gambling cues not just in ads or sports, but inside the games they play. A September study found [RJ21.1]simulated gambling in games aimed at kids as young as four.](https://media.moneymag.com.au/prod/media/library/Money_Mag/2026/01._January/gambling-exposure-children-australia-0001_500x_.jpg)




