Wednesday, November 3, 2010

Australian Gambling


Australia is a nation of gamblers and it is said that Australian’s will bet on anything, even two flies crawling up a wall. Today’s Fun Fact Wednesday looks at how much Australian’s gamble each year.

Yesterday, the 2010 Melbourne Cup saw over $150 million wagered by Australian’s across the country. In 2005 it is estimated that Australians bet a total of $15 billion, but only $2.1 billion of this was on racing. Our favourite form of gambling is the poker/gaming machine through which we pumped over $8 billion. The was followed by casinos where Australians bet a total of $2.6 billion throughout the year1.

1. Source: Australian Bureau of Statistics, Gambling Services 2004-05

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