AUs spent on gambling in 2022 more than ever before!

Even though some may use gambling for different reasons like earning extra money or having a good time, to the others it has become a problem they can't live without it.

When it comes to Australia, gambling is part of the residents in this country called AUs.

There is no-one to predict who becomes an addict to gambling but after the behavior can longer be controlled then it becomes an addiction which is what has become of the AUs.

The AUs spend a lot of money on the gambling industry more than several other essential sectors; with the majority of the money being put into pokie machines.

How much AUs spend on gambling?

A year ago, the AUs in Australia spent $648 on gambling that was a growth of $49m from the previous year without putting populace growth and inflation under consideration.

Among the six Casinos in Australia,$580m was spent and four of these casinos have had record years.

According to AUHerald all together Australia spent $2.4 billion on gambling.

Based on the director of AUT’s Gambling and Addictions Research Centre, Professor Max Abbot this amount was contributed by half to two-thirds of addicted gamblers who had abadndoned gambling but fell back in the habit.

Also migrants from Pacific Islands and China have been not used to the gambling industry became addicted and contributed to the rise.

Based on the Department of Internal Affairs, the greatest sum of money was used on pokies which are non gaming machines. The total amount spent was $895m.

Much as the harm due to problem gambling from pokie machines has remained the same for over ten years in Australia, the decreasing expenditure trend continues because the officials have increased their problem harm reduction efforts on these machines.

When gambling is no longer harmless fun then it becomes problem gambling.

Based on the director of AUT’s Gambling and Addictions Research Centre, Professor Max Abbott, the money from gambling has paid down by 20 % in 15 years regardless of the harm brought on by gambling remaining the same.

Also there was hook difference of $4 in the amount of money spent by each individual on these machines a year ago. That's from $242 to $238 each.

How much is spent on online gambling?

In Australia, around $350m is spent by AUs on online gambling every year!

This money originated in different games like sports betting and racing betting whose growth can be attributed from the successful marketing campaigns during World Cup Football matches and other events.

2022 stats

According to RNZ, figures for 2022 showed that equivalent every AU is spending around AUD 572 on gambling, divided on AUD 128 at casinos, AUD 160 at lotto, AUD 80 at the TAB, and enormous AUD 204 is spent on pokies.

What about the profits from pokies?

Based on the Department of Internal Affairs also known as (Te Tari Taiwhenua), profits from Pokies increased by 116 percent following the lockdown restrictions from Covid-19 coronavirus level 4 were removed.

This was in the amount of $130,661,758 in the June quarter.

In September, people gained use of class four venues which was closed for seven to eight weeks which raised the quarter figures significantly more than those of June for yesteryear five years.

The profit in the September 2022 quarter was 8. 1% greater than what was being forecast; based on the March 2022 quarter and gambling patterns historically.

Putting the Auckland region back into Covid-19 lockdown alert level 3 affected the figures.

The Department of Internal Affairs (Te Tari Taiwhenua) is a regulator for gambling is in charge of releasing quarterly statistics, so as a way of increasing user audiences, it's providing more chances for people to comprehend the sector of gambling that will be wide.

To conclude, gambling is usually harmless and fun but if it becomes an addiction then it becomes a problem which may not be simple to overcome.

It’s out of this addiction this one gets other problems which may be psychological, physical and social. This could not merely be a problem for the AUs of Australia but in addition for other nations as well.