Wherever you are in the world, the culture surrounding entertainment such as gambling changes quite significantly. In some countries, gambling has always been a large industry and the people of that country consider it a regular and fun pastime.
Other countries, however, have only legalized gambling over the last few decades, or perhaps the last century, but have spent that time catching up and creating some of the biggest and most luxurious casinos in the world.
Take a look at the following countries that have some of the biggest gambling economies in the world, whether that’s through traditional casinos or online gambling platforms that just keep on growing in popularity according to Finnish Kasinohai.
Australia is one of the biggest gambling economies in the world, spending nearly $20 billion every year on gambling. Most of the cash is actually spent on more than 200,000 Poker machines located throughout the country.
Some 39% of the population consider themselves regular gamblers, which totals more than 6.8 million people across the entire country.
The most popular form of gambling was lotteries, totaling 76% of gamblers. That was followed by 22% buying instant scratch cards, and 21% using electronic machines.
Singapore only saw its first casino open in 2010, within the Resorts World Sentosa. Since then, Singaporeans have fully embraced gambling culture, and tourists from all over the world are visiting the city-state located in Southeast Asia to experience the casinos on offer.
A 2018 survey found that over half of the residents of Singapore aged 18 and over participated in some form of gambling over the previous year.
That was an increase of eight points from 2014. The main driving factor behind the growth in gambling popularity was an increase in gambling from the Chinese population in Singapore, along with an increase in social gambling.
While gambling popularity is increasing, those with poor self-control actually decreased between 2014 and 2017 – meaning the people of Singapore know how to have a great time and play responsibly too!
The UK’s gambling industry is just getting bigger and bigger. Between 2011 and 2018, the industry grew from around £8.4 billion (GBP) to £14.4 billion.
In 2018, more than 100,000 people were employed by companies in the gambling space, with the majority of people working specifically within the betting sector. Behind betting were the casino and bingo sections of the industry.
London, the country’s capital, is home to some of the most famous casinos in the world, too.
Tourists come from all over the globe to experience the games these casinos have to offer, along with the cuisine, the luxurious hotel rooms and spas, and the historic surroundings.
Canada’s government has taken a liberal approach to the gambling industry, allowing it to become a big revenue stream for the country.
Every year Canada makes around $17.3 billion (CAD) from the industry, and it continues to grow every year. In 2017, the gambling industry grew significantly, by 4.9%.
Millennials are getting in on the action more in Canada, too. 53% of millennials visit casinos once or twice per year as of 2014, with 17% visiting once every three to five months.
And, roughly 76% of Canadians are believed to take part in some variety of gambling at any point during the year, which is more than 30 million Canadian people.
Sometimes referred to as the “gambling capital of the world”, Macao is a Special Administrative Region in China. Gambling has been legal since the 1850s when it was legalized by the Portuguese government.
Since then, Macao’s gambling industry has grown significantly and it has become a tourist hotspot for people looking for the thrill of great casinos in a totally new environment.
As of 2018, there were 41 casinos operating in Macao, which help generate a revenue of $37.59 billion (USD) every year. This is significantly larger than the revenue made from many of the most developed countries on the planet, making Macao a serious international gambling hub.
Some of the biggest casinos, owned by the most notorious multinational casino companies, are located in this historic part of Asia. Without the gambling industry, the entire economy of Macao would be put at risk.
So, if you’re looking for somewhere new to experience on your gambling adventures, Macao might just be the place to visit.