Online Gambling in Argentina vs Gambling in Australia| 20 March, 2020
The statistics are a curious thing. Not only do they present a valuable source of information for potential investors studying a specific market. They can also be quite interesting to have a look at to understand certain nation-specific trends.
Below let’s have a look at some curious statistics on gambling in Australia and Argentina.
Is it safe to gamble online?
The issue of safety can never be overestimated. When gambling online, it’s particularly important to sign up and play with a legitimate casino. A secure and licensed casino gives players complete peace of mind.
Not only do you know your transactions are secure. You can also be confident your winnings will be paid out in full if you get lucky.
These days it’s quite easy to get yourself a good online casino. For example, you could use a resource called Lords of Blackjack to quickly find one. This website checks and recommends top casinos for Australian players.
Naturally, you can count on AUD being offered among currencies. There will also be a generous choice of payment options and an incredible game collection.
Gambling in Australia
As reported by an Australian statistical authority, Australians bet a total of around 240 billion dollars in the years 2017 and 2018. That’s a sixteen percent increase compared to the two years before. When the stats for 2019-2020 come in, as long as this trend continues, it will be around 285 billion dollars.
This number does not tell you much until you divide it by the number of people over 18. The number then becomes around A$12,000 per person. Also, if we remember how averages work, that means some spent a few hundred or even less, while others spent considerably more.
78% of this number was spent on gambling, playing pokies and casino games, followed by racing and sports betting. These numbers are for the total amount spent, rather than purely winnings or losses.
Compared to the previous statistical period it’s around a 4% increase for casino gambling. The increase in sports betting is a lot more dramatic – by 16% percent.
When it comes to gambling losses, Australia can be referred to as the world’s gambling capital. There was a study conducted in 2017 by a UK company called H2 Gambling Capital.
Gambling losses per capita in the country were 958 US dollars. Compared to the United States ($421) that’s significant.
How Popular Is Online Gambling in Argentina?
In Argentina, there are no federal laws that regulate gambling. Instead, it’s regulated at the province level. It’s legal to bet on casino games and horse racing in any of the provinces. Gambling is being supported and promoted at the state level, as it generates additional revenue.
In a way similar to Australia, being dubbed the gambling capital of the Southern Hemisphere, Argentina is the gambling hub of South America.
The most popular sport to bet on is football. No wonder, considering this is one of the top football nations worldwide. Other popular sports Argentineans commonly wager on include rugby union, hockey, and horse racing.
Argentineans are estimated to spend between 4 and 5 billion US dollars annually on betting, making the country the largest gambling market in South America.
Unfortunately, there aren’t statistics as detailed as for Australia in case of Argentina. It’s even unclear which percentage of population gambles regularly. It’s certain though that Argentina is one of South America’s most gambling nations, including online.
Since 2019 a few provinces have legalized online gambling, which is likely to make a huge difference. It will allow more residents to gamble without traveling anywhere.
Gambling is on the rise worldwide, neither Australia nor Argentina being immune to the trend. While online casino gambling shows some increase, betting on sports is making the most impressive progress. With that in mind, an increase in the number of online sportsbooks can be expected, aimed at customers from either of the countries or both.
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