Countries Gambling The Most – The Billion-Dollar Industry

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Posted: January 19, 2023

Updated: January 19, 2023

  • Countries spending billions of dollars on gambling
  • Nationalities that love spending time in casinos
  • Countries gambling the most

Online sports betting and casino games of chance are growing at a fast pace every year. While national and local casinos may be limited in some countries due to their regulations, a large number of online casinos and gambling sites are available to players in most countries.

Gambling has been one of the fastest-growing industries in all countries where it is permitted, both online and offline. However, not all markets can generate the same amount of profit in these areas. Here is a breakdown of gambling revenue by nation. Discover how much gamblers spend there and which countries gamble the most.

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Statistics of Gambling Nations

It is crucial to know which online gambling site to use, depending on where you live. For example, you can use Bet365 Casino services in many countries. An American person can search for both onshore and nearshore online betting options, depending on the state in which they live. On the other hand, someone living in Asia can look for reputable sites that are subject to the rules and regulations of the Malta Gambling Authority and, or the UK Gambling Commission. Let’s review the top countries for participating in casino gambling!

While the exact rankings may vary from year to year, most statistics agree that the following ten nations generally rank among the countries gambling the most. China is at the top with more than $44 billion in revenue, while the United States is only two billion dollars behind. The third country is Japan, where gamblers spend about 20 billion dollars a year. Then follows South Korea with $7 billion, Germany with $6 billion, the UK with $5 billion, and France with $4 billion. On the top 10 list, Canada, Italy, and Spain are at the bottom with a couple of billion dollars.

Countries gambling the most
Picture Source: Pixabay

As you can see, European countries take up half of the top ten list. However, their national gambling winnings are nothing like winnings in China, the United States, or Japan. As a result, Asia and North America rank first and second in terms of countries gambling the most.

Players in each country can research available betting options through trusted gambling sites. They are ranked based on criteria such as reputation, lack of red flags, licenses, games, odds, and a wide range of promotions offered, payment processes, and customer service, to name just a few factors.

Importance of Online Gambling and Betting

Another significant factor to consider is the importance of internet gambling and betting in certain locations. If we also took the online sector into account, the UK and Germany would have much higher gross gambling revenues.

In the United States and China, where online gambling is still new or illegal, the difference would be less obvious. So the list of countries gambling the most would look significantly different if the article focused on online gambling revenue rather than both land-based and Internet casinos.

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Countries Gambling the Most

In terms of population, Canada probably has a clear advantage over most countries in the world. An estimated 75% of the population regularly indulges in online casino gambling, with the average citizen spending Can$750 a year in a casino.

Many of the well-known online casino sites are licensed by the Canada-based Kahnawake Gaming Commission. There are too many options for beginners, so using a casino rating system can be one of the best ways to filter out unreliable sites and get to know the most reliable platforms with the best deals.

United Kingdom

UK citizens have long been passionate about sports betting and online casino gambling. In addition to the high percentage of bettors among the population, the quality of licensed and legally operating online betting sites in the UK is easy to check, given the already mentioned UK Gambling Commission, which does an excellent job of setting and enforcing strict rules around this leisure activity.

Countries gambling the most
Picture Source: Pixabay

According to studies at online casino sites in the UK, an average British gambler spends between 50 and 70 pounds a week.

The USA is Among the Countries Gambling the Most!

In terms of sheer size, not the percentage of the population, but the raw number of gamblers, the USA has the upper hand. Almost 70% of all gamblers in the world live in the USA. Gambling destinations like Las Vegas and Atlantic City are world-famous. In recent years, several states, such as Maryland, Arizona, and Florida, have begun the process of making both land-based and online gambling available in their states. 

However, even states that do not have such licensed online betting sites often allow their citizens to place bets at offshore offices. It’s no wonder that casinos make more than $40 billion in revenue annually in the United States on sports and casino betting, and that number is growing rather than decreasing. Many of the world’s premium online betting sites are present in the United States, so it’s relatively easy to find a list of the best casino platforms.

New Zealand

Online betting has become hugely popular among New Zealanders in the last five years. Interestingly, although online gambling is legal and tax-free, the New Zealand government only allows its citizens to bet on sites that are owned and operated overseas.

Countries gambling the most
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There is no shortage of options, and the best sites typically operate under the supervision of UK, Malta, or Gibraltar gambling authorities. In general, the country spends about two and a half billion dollars on gambling.

Countries Gambling the Most – Japan

Japan is an exception among Asian countries in overcoming gambling taboos and controlling and supervising the sites that allow them to operate. The combination of strict security regulations and an insatiable desire to gamble has resulted in a huge spending spree of nearly $45 billion a year among Japanese people.

However, you can find more countries that love gambling apart from the top nations mentioned above. Some of these known for online sports betting and casino gambling include Australia, Sweden, Finland, and Singapore.

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The Singapore Market

Singapore’s first casino opened in 2010, and residents welcomed this new chapter with open arms. Many people still believed that the introduction of casinos would cause a considerable loss of money. As a result, the government decided that local guests would have to pay about $100 as an entry fee. Despite this, players continued to play their favorite casino games. Instead, it secured Singapore’s place at the top of the list of countries with the highest gambling revenue.

Furthermore, the country attracted the interest of foreign players as well. In 2018, online gambling sites in Singapore informed gamblers that revenue from foreigners alone was about $1,5 billion. The revenue reached its highest point at $7 billion thanks to the two casinos they managed to open. Check out the best Singapore casinos to play Baccarat today!

Countries Gambling the Most

Gambling is an industry that was built on tradition and the temptation of making money. While many countries and states are legalizing land-based casinos and betting sites, the global trend continues to be online gambling. Even though gambling is risky, all the countries mentioned above have masses of gamblers who see online and land-based casinos as their number one form of entertainment. If you too want to try your luck at gambling, check out Bet365 Casino!

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