The Australian gambling market is one of the hottest gambling industries but the trend seems to be changing. Recent data provided by the Australian market research company Roy Morgan revealed a notable decline in the number of adults gambling. The trend continued going downhill from December 2017. The research showed that 50.1% of Australians in an average of three months. The findings were revealed in the “Single Source” survey of Roy Morgan which was based on physical interviews with over 50,000 gamblers yearly. A detailed survey was conducted to obtain the results.
Australian Gambling Engagement Declines Further
In a ten-year span from December 2008-2018, there was a huge drop of registered Australian gambling gamblers which was 16.8%. This doesn’t only involve registered gambling participation but also looks at all major types of gambling services offered in the country. According to Roy Morgan, the biggest drop in gambling engagement rates over the last ten years was registered at lottery and scratchcard tickets. They were down 16.3% points to 40.1%. They still stand as the most popular form of gambling in Australia despite their drop.
Poker machines were the second largest decline with 11.9% points registered and dropped to 13. 7%. From 5.9% to 9.4%, sports betting also dropped. Ray Morgan research showed that the gambling participation rates were the lowest for 18-24-year-olds. This age group had a decline of 26.1% points. Also, showing a decrease in gambling engagement among registered groups under fifty. With the average of these groups being around 16.8%. Sixty-five-year-olds and above had a smaller drop in gambling engagement rates with just 8.1%. All types of racing and sports betting affairs dropped to 9.5% of the population compared to 15.3% ten years ago.
Betting rates seem to increase with age. From 4.7% for individuals between 18 -14 and 11.7% for those between 50-65.
Recently updated on September 9th, 2019 The Star Entertainment Group has been linked to businessman and gambling industry mogul, Stanley Ho. Ho has picked up a bad reputation for himself after authorities learned about his supposed involvement in organised crime. The Star Entertainment Group is rival to one of Australia’s biggest casino operators- Crown Resorts. […]
Recently updated on February 18th, 2019In October 2018, the Mega Millions Lottery in the United States saw the largest single payout jackpot in America’s history. One lucky player managed to win the US$1.5 billion (NZ$2.2 Billion) jackpot. However, the winner is yet to come forward and claim their prize. The ticket was sold in South […]
Recently updated on August 25th, 2019Gambling Act reforms are now up for discussion by the government and public after coming up for review on 31 July. Currently, the legislation is not specific enough about Internet gambling, which will be the main focus for the reforms by the Department of Internal Affairs (DIA). However, the suggestions […]
Recently updated on July 7th, 2019The government’s clampdown on fixed-odds machines has led to a scheduled closure of about a quarter of betting shops in the UK. This move could see up to 3 000 out of 8 400 betting shops closing in the country, putting about 12 000 jobs at risk. William Hill, which […]
Recently updated on February 2nd, 2019The 150-year-old Thames Racing Club could be closing its doors in the 2019/20 racing season. It is one of the ten horseracing venues around New Zealand that are facing a shutdown. The Thames Racing Club, which celebrated its 150 years of existence last year, hasn’t been able to race its […]
