The global gambling industry is now worth a staggering $400 billion and set to rise to $525 billion in 2023, making it one of the fastest-growing areas of the entire entertainment world.
There are a number of factors in this, but one thing that is particularly driving growth is the fact that a few countries are much bigger gamblers than others.
The majority of global gaming revenue can be traced to several countries where gambling is particularly popular, and it is these places where the majority of growth will take place in the future. Read on to find out the biggest gambling countries in 2019.
It has been known for a while that Aussies are the most prolific gamblers by a considerable stretch. Australians spend a total of around $24 billion a year on various casino games, a full 40% more per capita than any other nation on the planet. Despite Australia not having any major gambling cities or destinations, online gambling is a very popular activity throughout the country. Most significant to Australia’s love of gambling are slot machines, also known as ‘pokies’, which can be found in bars, supermarkets, and train stations across the land.
Whilst Americans aren’t particularly massive gamblers on average, the country is the source of the greatest chunk of global gambling revenues, equating to tens of billions of dollars. Much of this is fuelled by world-famous gambling destinations such as Las Vegas, Atlantic City, and Reno, but it’s online casino gaming which is undergoing the fastest growth. Thanks to the proliferation of platforms which allow you to claim free gambling offers, it is now possible to claim a US bonus for virtually every single online casino in the country, allowing people to play slots, blackjack, poker, and roulette for free.
This one might come as a surprise to some, given that gambling was considered more of a niche occupation only a few years ago. However, thanks in part to increased smartphone penetration in this country of 1.2 billion people, Indians have become some of the most eager gamblers on the planet. It is estimated that close to 100 million Indians gamble at least occasionally, whilst places such as Damman, Goa, and Sikkim have started to operate major land-based casino resorts to help fuel demand.
France is by far the largest gambling market in Europe, worth around 2.2 billion euros in 2018. Some of this is fuelled by gaming in the glamorous municipality of Monaco, home to one of the world’s oldest and most famous casinos, the Casino de Paris. However, gambling across other cities in France is growing at a rapid pace, with slots and video poker machines popping up in bars catering to all social classes. The next biggest gambling market in Europe, the UK, is worth a mere 1.35 billion euros in contrast.
Part of the reason the people of these nations are such big gamblers is cultural, but another key factor is accessibility. With online casino gaming now being easier to access than ever, the phenomenal growth we’re seeing in these places is showing no signs of stopping.