Poles will spend us$ 7.63 billion on gambling this year

Polish gambling is increasing dramatically

(Poland).- Gambling has become big business in Poland, with players now spending twice as much as they did two years ago and more on wagers than on beer or medical services.
2008-09-26
Reading time 42 seg

According to a report from Puls Biznesu, Poles will spend us$ 7.63 billion on gambling this year, which is more than all of the casinos in Las Vegas earn annually. “If the upward trend continues, the gambling market will be worth as much as the mobile telecommunication sector in 2009,” reported the Warsaw newspaper.

According to figures released by the Ministry of Finance, Poles spent nearly us$ 5.35 billion on gambling last year, a rise of 47.5 % from 2006. It predicted that this rate would increase by another 40 % for 2008, or around us$ 2.23 billion, to total more than the 40 million clients in Las Vegas spend every year.

The newspaper reported that slot machines are the most popular form of gambling in Poland. There are 35,000 machines in nearly 18,000 pubs, bars and service stations. Gamblers spent us$ 2.18 billion on fruit machines last year, nearly twice as much as in 2006, while Totalizator Sportowy, the State-owned lottery company, received us$ 1.24 billion in 2007, a rise of over 20 % from the previous year.

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