In 2017, Australia ranked first in a list of countries with the highest gambling losses worldwide with losses of *** US dollars per adult. Countries in the Asia Pacific region feature prominently on the list with Hong Kong, Singapore, and New Zealand featuring in the top five.
A January 2024 survey in the United States revealed that 26.4 percent of NBA fans who participated in fantasy sports were aged between 35 and 49. Meanwhile, only 7.1 percent of fans who participated in fantasy sports were aged between 13 and 17.
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The Lotteries and Bookmaking Operations industry has marginally grown over the past few years, primarily because of a surge in household discretionary income and per capita gambling expenditure during the COVID-19 pandemic. High levels of government stimulus, combined with restrictions on other forms of discretionary spending, drove a sharp uptick in demand for wagering services and lottery ticket sales. Despite the upwards trend in demand, the pandemic also caused significant disruptions to betting operations, as both TAB and lottery retail outlets were forced to close during lockdown periods. Overall, industry revenue is expected to contract at an annualised 1.9% over the five years through 2025-26 to $4.4 billion. Yet this includes an anticipated fall of 0.4% in 2025-26, as a surge in inflation has increased cost-of-living pressures among many New Zealand households, weighing on demand for betting activities and lottery tickets. Fixed-odds horse and sports betting’s rising popularity and growth in digital channels have ignited significant changes in the New Zealand wagering market over the past decade. Punters have increasingly opted to place wagers online, disrupting TAB NZ’s traditional stranglehold on the market. While TAB NZ remains the only legal bookmaker in the country under its TAB brand, consumers can use overseas gambling websites to place wagers. These websites often provide punters with more competitive odds and a more user-friendly online platform than TAB NZ’s digital offering. In 2023, the Central Government (Te Kāwanatanga o Aotearoa) responded to these pressures by outsourcing management of New Zealand’s sole wagering licence to global bookmaking giant Entain. This landmark decision is expected to enable TAB NZ to claw back lost market share while accelerating the growth of online wagering in New Zealand. Industry revenue is forecast to hike at an annualised 1.4% over the five years through 2030-31, to $4.7 billion. Expansion is forecast to stem primarily from growth in digital sales of lotto tickets and online wagering. TAB NZ’s online wagering segment is set to benefit from the strategic partnership with Entain, leveraging access to a global giant’s technology and expertise. Despite strong growth in digital sales, the retail segment of the market will continue to undergo a long-term decline. Entain is likely to rationalise TAB NZ’s retail network, prompting a decline in the number of establishments in the industry.
The gross gaming revenue (GGR) of casinos in the United States was highest in the state of Nevada in 2024. That year, the GGR of Nevada casinos totaled over 15 billion U.S. dollars. In total, the aggregate GGR from casinos in all U.S. states amounted to approximately 72 billion U.S. dollars.
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In 2017, Australia ranked first in a list of countries with the highest gambling losses worldwide with losses of *** US dollars per adult. Countries in the Asia Pacific region feature prominently on the list with Hong Kong, Singapore, and New Zealand featuring in the top five.