The land down-under is on the cutting edge of one of the most formidable trends in global culture – online gambling.
The Queensland Government reports that the total Australian gambling market was worth well over $225 billion circa 2019. During the 2020/21 pandemic, online gamblers in that country rose to a whopping 78%. Half of the Australians gamble regularly.
And while the country had severe shutdowns during the Covid epidemic, but that didn’t prevent Aussies from getting their gaming on. And Aussies do like to gamble. The country has 194,000 standing poker machines. As that number attests, gambling is nothing new to Australia: Over 80% of Australian adults report engaging in some kind of gambling, the highest rate in the world
Four percent of Australian adults report playing pokies at least once a week
62% of the locals’ gambling budget goes to the pokies
Australia employs between 80,000 and 160,000 thousand people
In New South Wales, there are roughly 95,800 pokies in NSW. Only Nevada has more, at almost double the amount.
In the first two quarters of 2017, gambling clubs in NSW reported a net profit of $1,945,161,625. Hotels reported a net profit of roughly $1,169,040,731 from their pokies alone.
A new study revealed a whopping 67% increase in Australian online gambling during the first week of April 2020, just after the first Australian shutdown. Experts are expecting another $2 billion in revenue for this sector by the end of 2022. Popular sports for betting include: Russian ice hockey Horse racing Japanese baseball Tajikistan Northern Cup basketball Ukraine’s table tennis cup Belarus tennis Nicaraguan soccer Australian gaming laws are no match for clever marketing. Popular events for gambling in Australia include TV shows, such as what bachelor will be picked by the bachelorette. Lego Masters Australia is the center of some fevered national gaming.The burgeoning realm of eSports is popular in Australia as well, generating an estimated $13 billion annually around the world.Australia may be best known in the online gaming world for the term pokies, which originates from the poker machines found in bars and other public places. These days, […]
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