Online Gambling, Which Countries Spend The Most Money?
Gambling has been a popular pastime for thousands of years, and with the rise of casinos centuries ago in Italy gambling has only increased. Today there are thousands of land-based brick-and-mortar casinos all over the world. Even in countries where gambling is illegal, they either have underground casinos or legal casinos that only nonresidents can enter to play the tables and slots. Laos nestled in the heart of Southeast Asia is one such country as is Cambodia. But with progress in technology new and exciting gambling options have emerged that have no borders: online casinos, and gaming sites.
Online casinos have not made traditional casinos redundant, and many people still enjoy visiting them. But their popularity is decreasing and the online casinos and gaming sites are reaping the benefits.
The COVID-19 pandemic that has engulfed the world over the last year could not have come at a worse time for land-based casinos. Many casinos were unable to open due to the pandemic, this saw a huge increase in online gambling.
With people being told to stay home to help prevent the spread of the virus, many turned to online casinos and probably will continue to gamble like this from now on.
Gambling has never been easier, all you need is an internet connection on your PC, tablet, or mobile phone, a comfortable chair, and you’re good to go, try something like bestes online casino for some real fun. Some countries have embraced online gambling more than others, here are the countries that gamble the most online.
“The Great White North”, Canada and Online Gambling
Canada is well known for its relaxed gambling laws, and the online gambling industry is thriving in the country. Approximately 75% of Canadians like to gamble and many of them are keen gamblers who have embraced the, as they say, online-kasino and gaming sites. On average Canadians spend around C$570 each year on online gambling, according to national statistics. Other than ice hockey it seems that gambling is one of the major hobbies for Canucks.
The Kahnawake Gaming Commission, which is located in Canada, operates many of the licenses for online casinos and gaming sites, both domestic and foreign. And with such a choice of online gambling sites to legally choose from, Canadians are spoilt for choice and are free to continue with their second favorite hobby.
The United Kingdom And Its Strict Gambling Regulations
The United Kingdom has over 36 million citizens regularly gambling online, with horseracing being the most popular with around 40% of people betting on the sport. 37% of gamblers play online casino slot games, and 15% play online tables. And the United Kingdom is renowned for having some of the best online casinos in the world. Also, some of the strictest gambling laws of any country, to use these sites players must prove they are at least 18 years of age, and for the national lottery 16 years of age.
In the last 10 years, the United Kingdom has seen a growth of online gambling increase by 70%, and the last year has surely boosted that figure due to the Covid-19 pandemic. The UKGC or United Kingdom Gambling Commission is responsible for the regulation and the issuing of licenses and is notoriously hard to deal with.
Australia a Place You Never Have to go Far to Gamble
One thing about Australia that many visitors notice is you can gamble from almost anywhere, and it is not because of great internet coverage. Being such a vast place, a continent in its own right, means there are many places without internet coverage, in fact only 27% of Australia has 3G or 4G data access.
But that does not deter Australians from gambling, walk into almost any bar and you can find a licensed bookmaker set up in the corner, and with multiple screens showing different live matches or games.
Gambling couldn’t be easier than in Australia, which is why they have some of the highest rates of any country of gamblers.
Of course, when online casinos and bookmakers were made legal, Australians took an instant shine to the apps and browser gambling sites. In the last ten years, alone online gambling has increased by 30% and the growth shows no signs of slowing down. The most popular is sports betting, followed by slots, and virtual card tables.
Don’t Forget The Most Famous Gambling Nation, The United States
The United States was slow to accept online casinos and gaming sites, with many states still now allowing online gambling and gaming. Despite this, the United States has a 70% market share of online gamblers, the most famous place for gamblers, Las Vegas, Nevada only allowed online gambling 25 years ago. Across the United States, over $35 billion USD is gambled legally online annually, making it the biggest market in the world.
The most heavily bet sports include, American Football, basketball, and baseball. For online casinos, the most popular games are slots, card tables, and roulette. Incredibly popular and going from strength to strength, online casinos and bookmakers have now started to challenge the traditional casinos and walk-in bookmakers. And as more states follow suit and allow online gambling, the market is set to grow.
Gambling is part of human culture and in very few places it is still illegal, but gambling still happens between friends, whether it is on the winner of a big match or playing cards behind closed doors, it still happens.
Now with the leaps in technology, you can gamble from any major city, minor towns, villages etc. You can go online and place bets or play casino games from virtual gambling sites based all over the world. There is no need to travel to traditional casinos. Just bet from the comfort of your own home or commuting to work.
Certain countries have embraced online gambling more than others. But when there is so much money at stake, it is surely not going to be long before governments relax regulations and allow online casinos and gaming sites to operate from their territory and reap the benefits.