Happy Thanksgiving from GGB; Newsletter Returns December 4

In Oz, Slots Still the Name of the Game

Slots continue to dominate gambling in Australia, accounting for almost two-thirds of total annual spend, according to recently released data for the year through March. Sports betting generated 5 percent by comparison, casino table games a mere 4 percent.

Machine gaming accounted for A.8 billion of the .3 billion spent on gambling in Australia in the 12 months through March.

Data released by Roy Morgan Gambling Monitor shows Australians spent $2.5 billion on race betting and $1.7 billion on lotteries, amounting, respectively, to 15 percent and 10 percent of the total.

Sports betting accounted for $900 million, 5 percent of the total. Casino table games came in at $600 million, just 4 percent of the total. Keno accounted for $500 million.

“Despite losing popularity over the past decade, poker machines still generate the bulk of revenue from gambling in Australia,” said Jane Ianniello, international director of Tourism, Travel & Leisure at Roy Morgan Research. “This makes sense, as half of poker machine players qualify as heavy gamblers, compared to one in five gamblers overall.”

Australians are among the world’s biggest gamblers, although about 90 percent of total spend is derived from only about 20 percent of players, according to a separate report by Roy Morgan.