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AUSTRALIANS BIGGEST GAMBLING LOSERS PER CAPITA
16th February, 2017 at 05:03:31
Global data ranks countries in terms of gambling losses.
The Economist, citing a report from UK-based betting and gambling consultancy H2 Gambling Capital (H2G), has revealed Australians hold the dubious tile of biggest gambling losers per capita at $990, forty% higher than Singapore and more than double the average loss of its Western counterparts.
In terms of gambling losses per country, the USA leads with its citizens gambling losses estimated to have amounted to $116.9 billion in 2016, mainly terrestrial casino and lottery punters. On average Americans are estimated to have lost $400 more per capita than the same period last year.
China was ranked second biggest loser in terms of losses per country at $62.4 billion, followed by Japan $24.1 billion, Italy $19 billion, Australia $18.3 billion and the UK $18 billion.
Profits of $385 billion were generated by the global gambling industry in 2016, H2G estimates, of which 11% is now attributed to online gambling.
Related News Tags: Lotteries, Asia, USA
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