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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.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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