According to government report released on November

Record USD 18 B spent by Australian Gamblers in 2015

According to the local government, Australian households spent an all-time high 2.1 percent of their disposable income in 2015 on gambling.
2017-12-07
Reading time 42 seg
The Australian Gambling Market hit record high in 2015 according to Queensland government report covering periods 2015-2016

The revenue was up about four percent compared to the USD 17.3 B gambling market the previous year, the data from the Queensland government report shows. About USD 644 B came from sports betting and USD 2.2 b came from racing bets. Nearly USD15 B of the total came from the casinos, pokie machines, and the lottery, among other smaller-scale gaming activities.

Aussies are said to be the world’s biggest gamblers, as its 24 million people generate one of the largest gambling markets on the planet. It was the sixth largest as of 2014. According to the local government, Australian households spent an all-time high 2.1 percent of their disposable income in 2015 on gambling. Per capita gambling expenditure in 2015 was USD 962.

According to H2 Gambling Capital, the per capita gambling losses are the highest globally.

While the 3.9 percent year-over-year growth marked a strong 2015 for the Australian gambling industry, it was below the 7.7 percent gain witnessed in 2014.

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