Australia’s gambling market grew six percent in 2015 to the equivalent of approximately $17.4 billion USD (A$24.1 billion).

Given the country’s population of approximately 23 million, that implies that Australians spend more on gambling than people anywhere else within the world, in line with Bloomberg.

An estimated 80 percent of Australian citizens gamble in some form, also the top rate on the earth. Electronic gaming machines, known in Australia as “pokies,” are driving the growth, although bingo, sports betting and the lottery are popular there. Playing online pokies could also be available, though less widespread than in-person machines because online gambling in Australia remains to be regulated by a patchwork of state and federal laws.

A report from The Guardian said that Internet gambling is the fastest-growing segment of the country’s gambling market, increasing at a 15-percent clip year-over-year. It’s worth about seven percent of all of the gambling market.

According to a report from USA Today, about 1/2 the country’s gambling market belongs to the pokies. As of 2014, there has been a machine for each 108 people in Australia. Gambling represents 1.2 percent of Australia’s GDP.

In the United State it's about 0.8 percent.

The Australian state New South Wales is definitely home to more gambling machines than anywhere else on this planet outside of Nevada. Though, consistent with The Gaming Technologies Association, the Silver State has roughly double the gambling machines of NSW. Nevada’s gambling machines generate about 60 percent of gaming win.

According to a report this month from The Sydney Morning Herald, one of the crucial world’s leading casino games manufacturers is experiencing great growth thanks to, in large part, Australian bettors.

Aristocrat Leisure, that is based out of Sydney, has seen its revenue from Australia and New Zealand increase by greater than 60 percent thus far in 2016. The $213 million in revenue makes up 20 percent of the company’s sales. Its revenue from the Americas accounts for 60 percent of its business, but sales in Australia and New Zealand are growing at nearly triple the rate.

Australian pubs, clubs and casinos with the gambling machines have welcomed new products from Aristocrat recently. Aristocrat is arguably the second one largest company of its kind behind U.S.-based IGT.

Read More... [Source: CardPlayer Poker News]