Gambling Stats Reveal Pokies Still No. 1
Despite the huge variety of casino games available, pokies are still the top choice of millions of players, according to the latest Australian Gambling Statistics. The report also revealed an increase in sports betting losses.
With more than 70 per cent of the local gaming industry’s turnover coming from pokies, it’s clear that the overwhelming majority of players prefer spinning the reels to anything else. The statistics show that more than AU$12 billion was lost on pokies, which accounted for half of the losses.
Casinos offer a wide variety of the electronic gaming machines. With several reels, multiple paylines, and special features, video pokies tend to be the most popular. Also available are classic pokies and progressive jackpot pokies. The former games offer basic pokies gameplay, while progressive games have jackpots that increase in size with every bet placed on the reels.
According to the Australian Gambling Statistics released in August, AU$22.7 billion was lost to sports betting in 2014-2015. This means that, if every adult in in the country bet on sport, every punter would have lost AU$1242. However, sports betting losses accounted for only 7.7 per cent of the increase in losses.
CrownBet CEO Matthew Tripp didn’t think the new Aussie gambling statistics were anything to be concerned about. According to reports, he said that, while there had been an increase in gambling and sports betting, wagering growth itself was slow.
Land-based and online bookmakers offer punters a large selection of markets on sports such as cricket, rugby, golf, motorsport, boxing, tennis, and football, as well as on markets such as financial markets, political elections, and entertainment such as TV reality shows.
Commenting on the high visibility of sports betting ads, reportedly linked to the increased betting losses, Tripp said that he supported gambling advertising regulation. However, he considered a total ban on it to be a threat to player security, as players would simply turn to offshore casinos in unregulated markets.
Politicians opposed to gambling, such as Independent senator Nick Xenophon, lost no time in using the new statistics to motivate government action on the amount of money lost, and on the alleged harm caused to communities by gambling.
Whatever opposition may arise however, its clear that gambling remains a favourite Australian past time and that pokies are number one.