A study by Roy Morgan Study suggests punters are moving away from conventional forms of gambling, preferring to keep at residence rather.
The study showed the total amount betted by Australians has been in steep decline since September 2010, when $20 billion was spent on all forms of gambling. Inside the past year alone, gambling revenue has fallen by $1.6 billion. Up till September, the country’s total gambling revenue in 2012 was $16.9 billion.
In contrast, on the internet betting accounted for just $928 million in 2010. As of September, the figure for 2012 had already surpassed $1.1 billion.two Firms like Lucky Nugget have effectively cornered the marketplace for casinos games. Most Australian cities, meanwhile, have no additional than one particular or two land based casinos.three
The bulk in the country’s gambling revenue nonetheless comes from poker machines. As outlined by the Roy Morgan Research study, some $10.2 billion was pumped in to the country’s beloved ‘pokies’ during 2012 (up to September). That figure is down from $11.2 billion up to the exact same time in 2011, demonstrating that even by far the most well-known kind of offline gambling will not be immune for the mass on-line migration underway in Australia (and a lot from the world).
Poker machines are preferred throughout Australia, with variations identified in virtually each and every bar, hotel and club within the country.4 But their dominance of your gambling economy might not last extended when the current trends continue. Poker slots are now broadly obtainable on the web, alongside other casino games such as roulette and baccarat. Web-sites like Fortunate Nugget offer their own variations of on line pokies, which account to get a huge percentage of online gambling revenue. The upward trend for on the net gambling, and downward spiral for land-based casinos as well as other types of standard betting, show no indicators of abating.