We have broken down all of the relevant facts and put them into bite-sized portions so that you may consume them at your own pace. These figures address everything from the financial power of the industry to the unique inclinations of individual players.
It doesn’t matter whether a poker player is calculating their pot equity, a roulette spinner is calculating their chances of winning, or an operator is presenting their most recent revenue report; numerical data is present in every aspect of gambling. In order to get the most out of your game, you need to have a grasp on the numbers.
The worldwide gambling industry: a comprehensive overview
Before we go into the specifics of the situation, let’s first use a wide brush and paint by the statistics as if they were big. When you take a closer look at the gaming sector, you will see that its stats are a favorable reading. This is despite the fact that the gambling industry is a diverse and often complicated beast.
In the current state of affairs, the worth of the gambling business as a whole is the most significant statistic for gamblers. This is the case starting from the top. Over the course of the last five years, the gambling industry has seen remarkable expansion, which can be broken down into two primary verticals: live and online gaming.
The data for online gambling is shown in billions on the graph on the left, while the data for gambling in general is displayed in billions on the graph on the right hand side of the graph.
Numbers related to gambling online
There are around 26 percent of people throughout the world that bet, according to statistics. This indicates that around 1.6 billion individuals throughout the globe bet, with 4.2 billion of those people gambling at least once every year. When it comes to demographic data and online gambling, a research conducted in the United Kingdom came to the conclusion that seventeen percent of the population gambles online, which results in 5.3 billion pounds in income for the online market alone.
The percentages are significantly different in the United States; in 2016, just three percent of the 4.2 billion people who said that they gambled on a regular basis claimed that they played online. This figure, on the other hand, must have increased throughout the course of the subsequent years, since the income generated by the online gambling business in the United States reached $306.5 billion in 2018.
At the moment, Australians are in the lead when it comes to gambling on an individual level. Over $916 was wagered by each individual member of the Australian population in 2014, with Singaporeans coming in a close second with $891.16. As a result of Singapore’s relatively recent decision to authorize casino gambling, the daily expenditures are not surprising.
In spite of the fact that they are the home of Las Vegas, Americans come in a distant third with a per capita gambling income of $505.44; Ireland, with its liberal attitude to gambling, comes in second with $490.39. The United Kingdom, which has both land-based and internet gambling that are legal, and which also has one of the most prestigious licensing jurisdictions in the world, is ranked quite low at $377.83.
Malta is yet another intriguing member of the top ten nations. Despite having a relatively tiny population, the island in the Mediterranean region has had one of the highest per-capita population reductions anywhere in the world. One of the most prominent gaming jurisdictions in the world, Malta is home to a significant number of the most prominent online gambling sites and associated institutions.
Gambling business on a global scale: the house winning every time
Considering that statistics are always a question of perspective, it is important to keep in mind that when you browse at the list of worldwide gambling losses, you are also looking at the gambling profits for operators. Taking this into consideration, the following is a list of the top ten locations for gambling income based on the number of visitors.
displaying gambling statistics
It is fascinating to see that Macau is at the top of the list of revenue per person. On the other hand, Chinese nationals do not appear on our list of the most significant gambling losses. The tourism industry in Macau has been experiencing difficulties as of late; yet, tourists continue to guarantee that the former Portuguese territory remains at the forefront of the industry.
When it comes to income and losses, Australia seems to be in a very good position. A nation with just 22 million inhabitants has more “pokies” (slot machines) than the majority of other countries, and this is despite the fact that the country has a smaller population.