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Three times bigger than Qantas, five times the value of Harvey Norman and worth 10 times what AMP is, gaming company Aristocrat Leisure could be the most valuable local company you've never heard of.
Now, it's betting the house on a $5 billion acquisition that will put it at the centre of real money gaming (RMG) a controversial type of digital gambling that's illegal in Australia.
"RMG is highly accessible, high speed, and at the moment there aren't any limits on what you can bet," says Dr Charles Livingstone, one of the nation's foremost experts on gambling and associate professor in the School of Public Health and Preventive Medicine at Monash University.