Wednesday, December 6, 2017

Study of Gambling in Australia: 6.8 Million Play Regularly, Losing $18 Billion Since 2016

The Australian government last week released figures from a study that presented the most comprehensive picture of Australian gambling habits to date.

The study, conducted by the Australian Gambling Research Centre, part of the Australian Institute of Family Studies, found that about 6.8 million Australians gamble regularly, about 42 percent of the country’s adult population.

Gambling critics pointed to these figures to show that Australians lost a record $18 billion on gambling 2016 and 2017 as further evidence the country needs to address what it sees as an epidemic. The losses increased 4.2 percent, roughly double the rate of inflation.

While losses from sportsbetting were much smaller than the other forms of wagering, checking in at $700 million, they did have the largest increase at 13 percent. Officials attribute this to the popularity of internet and app-based betting.


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