What did the 2021 Global Gambling Review uncover?
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The 2021 Global Gambling Review revealed the gambling industry's market value to be over $465bn in 2020. 4.2 billion people are said to gamble at least once per year. The online gambling generated $66.7bn last year alone.
China gambled the most worldwide with $36.5bn in the year. USA gambles the least with only $35.4bn. UK gambler the next lowest with just $22.2bn, Japan $18.6bn and Korea $6.1bn less.
The 2021 Global Gambling Review looked into the statistics of Germany's gambling industry. It found that 79.1% of the population aged 18-64 had gambled at least once in their lives, 48% have gambl in the last 12 years and 20% gamble each week. The industry's revenue was estimated at €16.8bn in 2020.
The regulated gambling industry in the UK generated a gross gambling yield of £14.2bn between April 2019 and March 2020. The industry is carried by 24 million gamblers, 10.5 million of whom use online platforms. 45% of the population gamble in some way each month, with 53% going on scratch cards and the National Lottery. 47% gamble every week, and £1.6bn from the Lotteries was used to fund good causes in 2019.
USA's gambling industry reached a new high of $261bn in 2019. Sports betting accounted for $900m of revenue in the US in that year. Football betting is the biggest part of the market, followed by horse racing.
Canada's gambling industry is thriving, with around 20 million residents engaging in some form of betting at least once a year. The industry generated $2.65bn in revenue last year, 55% of which came from land-based casinos and 45% from online platforms. Most gambling occurs in the 18-34 age range, heavily populated by males with knowledge of new technology.
1.2 million Australians play poker every week. Australia accounts for 18% of the world's slots. Australian gamblers have the highest per capita spending of any in the World. They also lose the most of their funds every year. The overall win/loss figures average out at AU$1005 per person.
