Why do Australians Love to Gamble so much?
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Australians are some of the most avid gamblers in the world. Billions of dollars are wagered in Australian casino, sports betting, and lottery industries annually.
Gambling is a popular activity in Australia. Prof. Peter Harvey believes it is due to marketing and accessibility. The New York Times has decried Australians as the world’s worst gamblers. Tabcorp reported an increase in lottery sales – some 20% year-over-year. Sports betting was up 10% in the period between January and June 2021.
Gambling in Australia was restricted until 1998. Online casinos became popular. The Interactive Act of 2001 allowed some online gambling businesses to thrive. It also incentivized people to seek more gambling options. It is not allowed to play casino-style games in person. Crown Resorts and other licensed establishments had impressive profits due to this ruling.
Gambling is not stigmatized in Australia. It's a viable hobby. Some argue that this has incentivized more people to gamble. The society is accepting of each other's ways. They don't mind gamblers.
Gambling in Australia is allowed at the age of 18. Australians are gambling at a higher rate than most other countries. They do not play to win money, but to have fun. The lower gambling age means that more people can try gambling legally at an earlier age. The government realized that the prevalence and appeal of the activity would breed a black market unless consumers are given the legal options.
