To most people, America is the country with the highest gambling rate. But what if I tell you America is not even close to the top 6 biggest gambling countries in the world? Yes, even though the popular Las Vegas Casino is in America, the gambling rate in the country is still no match to be on the top 6 list of countries that gamble the most.
That being said, to clear the air on which country gambles the most, we at Gamblinghead took the legwork to do more research on the top countries that gambles the most globally. So, in this article, we’ve compiled a list of the countries where gambling is very common.
The Biggest Gambling Countries In The World
Honestly, countries that gamble the most are the ones that no one will ever consider to have a high gambling rate. Just keep reading to see what these countries are.
Australia
I bet you never considered Australia to be a country where gambling is common. Well, Australia is the number one country with the highest gambling rate up to 39% of the population gambling on a daily basis.
Most Australians favorite casino games are table games and slots. And they prefer gambling at online casinos compared to land-based casinos because the minimum bet online is as low as $1. Besides, the amazing thing about gambling in Australia is that gamblers get to keep all their winnings to themselves without having to pay taxes.
In terms of gambling addiction, statistics show that only 0.5% to 1% of the gambling population has this issue – this is quite reasonable. However, between 2006 to 2010, over 900 gamblers have been banned from going to casinos within the country.
Singapore
Who would have ever thought Singapore is a country with a large number of gamblers? The first casino in Singapore was launched in 2010, and since then, there has been a massive growth in the number of people gambling within the country.
At some point, gambling got so popular within folks in Singapore that almost 52% of the population started gambling – this caused a worry of addiction. As a result of this, the Singapore government had to impose an entry fee ($81) to gamble at local casinos just to discourage gambling. Also, families can prevent their members from going to casinos by requesting “Family Exclusion Orders.”
Ireland
You might be surprised to see Ireland on this list, but you don’t have to because the gambling industry in Ireland is a massive one too.
Unlike many other countries, casinos in Ireland are not regulated by the Government – this is because they still depend on the old ‘Gaming and Lottery Act’ that was proclaimed in 1956 – this law allows only registered members’ clubs to offer casino services within the country.
Canada
Canada is a country where over 75% of adults have partaken in at least one form of gambling, and statistics show that the country could make $13billion in profit in a year depending on how well people engage in gambling.
In Canada, citizens can gamble online with real money on any casino website as long as it’s licensed by a reliable source or at any land-based casino within British Columbia, Quebec, Alberta, or Ontario. Besides, compared to other countries on this list, the gambling addiction percentage in Canada is low (as low as 0.6% of all gamblers).
Finland
According to the Ministry of Social Affairs and Health, over 41% of the adult population in Finland gambles every week.
No one would have ever considered Finland to make this list, but surprisingly, the gambling rate has increased massively over the last few years.
The Government controls the national lottery in Finland, and it’s managed by the Ministry of Education. The revenue generated from the national lottery is invested in education, culture, and arts. And the amazing thing is the addiction rate within the country is not high.
United Kingdom
The United Kingdom is another popular country for gambling. Yes, the market here is a very strong one and it’s well known for its value and investments.
As of when this article was written, stats shows that 46% of the population in the UK has gambled once in the last three months. Considering that almost all reputable online casinos register licenses under the United Kingdom Gambling Commission (UKGC), they must pay taxes if they want UK gamblers to play their games. So, it’s some sort of revenue for the country.
In terms of addiction, we’ve only gotten records of 3.1% of gamblers being gambling addicts.
Conclusion
There you have it, we’ve briefly summarized the different countries where gambling is rampant. Are you from any of the countries on the list? If yes, then now you know your country’s ranking in the gambling industry all over the world.
The countries mentioned on this page, as of when this article was written, are the ones topping the list of most gambling countries, and the stats shows that the gambling rate in each of these countries has the potential of rising in the coming years.
FAQs
Which Country Gambles Online the Most?
Canada is the country with the highest number of online gamblers. Yes, folks within the country prefer gambling online. Some other countries like Australia and the United Kingdom also have quite a huge number of citizens gambling online.
Where Are the Most Gamblers?
Australia is the country with the most gamblers.
Who Are the Biggest Gamblers in the World?
The biggest gamblers in the world include;
●Howard Lederer, $60 million
●Phil Ivey, $100 million
●Billy Walters, $100 million
●Terry Ramsden, $200 million
●Dan Bilzerian, $200 million
●Zeljko Ranogajec, $441 million
●Alan Woods, $485 million
●Edward Thorp, $800 million
●Bill Benter, 1 billion
●Tony Bloom, $1.7 billion