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Australia's Gambling Boom Fuels Billions in Revenue and Daily Bets

From pokies to casinos, Australians wager more per capita than almost anywhere. The government rakes in $25B—yet players keep all their winnings.

The image shows a man playing a slot machine with the words "Jackpot" on it. He is surrounded by a...
The image shows a man playing a slot machine with the words "Jackpot" on it. He is surrounded by a board with text and pictures of fruits, suggesting that he is playing online casino games.

Australia

Australia's Gambling Boom Fuels Billions in Revenue and Daily Bets

Considered a gamblers haven, around 6.8 million Australians, more than 39 per cent of the population), gamble daily at a casino. The most popular games are pokies (slots). Winnings are not taxed. Even more people play online casinos, with deposits on accounts being as little as one Australian dollar.

More than AUD242 billion is spent on gambling each year, an average of AUD12,000 for all Australian adults over the age of 18. The Australian government earned AUD25 billion from gamblers, 84 per cent from casinos, with the rest from racing and sports betting.

United Kingdom

The UK is popular with gamblers and 32 per cent of the population gambling each week. Queen Elizabeth II has gambled, winning GBP on the very first lotto draw and as a horse owner has certainly backed her own stables. The UK Gambling Commission license is considered one of the best regulators in the gambling world, ensuring fair games, swift payouts and security of personal information. Whilst the gambling business is big in the UK, there are few brick-and-mortar casinos, but thousands of accessible online casinos.

Singapore

More than half the population of Singapore have enjoyed a gamble, with online casinos increasingly popular. This is unusual as the country has had a history of legal restrictions on gambling to try and reduce criminal activity and addiction. In 2010, the gambling laws were relaxed and today, gamblers are welcomed at two legal casinos: Singapore Turf Club and also Singapore Pools, though entry requires payment of a large membership fee. Despite this, Singapore is forecast to overtake Australia in the average amount of money being gambled per person due to online casinos.

China

Whilst gambling is illegal in China, the semi-autonomous region of Macau is a gambling haven which made more than USD41 billion from gambling in 2019, up from 16 per cent the previous year. Punters are enticed by casino games and other entertainment options to appeal to mass-market customers. Nonetheless, gambling dominates its economy, and the figures are forecast to rise.

Canada

Gambling is popular in Canada and around 75 per cent of the population (about 30 million people) have played the lottery, placed a sports bet or gambled online. Gambling in Canada is taxed, giving the government a healthy pot of CAD16 billion each year. Nearly all licensed casinos are in the states of British Columbia, Quebec, Alberta, and Ontario. The casinos in Canada create an average CAD13 billion profit each year.

Online casinos have become much more popular in recent years and with low deposit accounts opening at one dollar, the online casino sector is attracting more casual players with bonuses, promotions and loyalty schemes enticing newcomers to stay.

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