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Pokies Still Dominate in Australia

LATEST AUSSIE GAMBLING STATS SHOW POKIES STILL DOMINATE
 
But punter losses on sports betting are rapidly increasing.
 
Sports betting losses are rapidly increasing in Australia but they remain way behind those incurred on the pokies, according to the latest statistics released this month.
 
The Australian Gambling Statistics show Australians lost A$ 22.7 billion in 2014-15, which equates to $1,242 per adult member of the national population.
 
Pokies remain the punters favourite and accounted for more than 70 percent of turnover and half the losses. More than A$12 billion was lost on electronic gaming machines, but sport betting losses are rapidly increasing, the numbers indicate.
 
Australian sport punters lost A$814.6 million in 2014-15, a 30 percent increase on the previous year and seven times what they lost in 2004-05. However, sports betting losses contributed just 7.7 percent of the overall increase in gambling losses for the financial year.
 
Anti-gambling politicians were quick to seize on the new figures, with Independent senator Nick Xenophon commenting:
 
"Governments can no longer ignore not only the huge amount of money lost on gambling but the harm gambling causes to our communities."
 
The increased saturation of sports betting advertising in Australian media has been attributed to the spike in gambling losses.
 
However, CrownBet chief executive Matthew Tripp told local reporters that although online gambling and sport betting has increased, wagering as a whole is growing at a very slow rate.
 
Tripp is supportive of regulating when and where gambling can be advertised, but says suggested blanket bans on advertising are "fraught with danger".
 
"Itll force a lot of these gambling dollars back offshore into an unregulated environment," he said Tuesday.



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Microgaming in bingo software deal with Marathonbet - Marathonbet’s loyal customers will now be able to enjoy an extensive Bingo offering – marking another big expansion of its online gaming collection.

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Money Storm Casino - Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.

Big Online SLot Win on Ultimate 10X Slot - At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000

MPN Greatest Poker Player in the Universe - The MPN announces the third annual Universal Championship of Poker (UCOP III), boasting €750,000 guaranteed across 59 tournament events this September

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Mercury Poker Live on Indian Poker Network - Mercury Poker Live on MPN's Indian Poker Network. MPN India, established in 2015, is a ring-fenced poker network dedicated to the Indian market and operating exclusively in Indian Rupees.

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