Mon, Dec 16, 6:11pm by Mia Chapman
The 35th edition of the Queensland Treasury’s gambling statistics have been released, covering the 2017-18 year.
The Australian Gambling Statistics document dates back to 1983 and the Conference of Government Racing Officials in Darwin.
Attendees wanted to find a way to gather reliable economic and social data on gambling for the whole of Australia, Casino Aus reports.
Later that year, the Racing and Gaming Ministers’ Conference in Melbourne took it further, deciding to establish the National Statistical Data Bank across the country.
Every state agreed to submit their racing and gaming statistics per a format developed by the Tasmanian Racing and Gaming Commission.
States began submitting their information dating back to 1972.
Ultimately, the Queensland Treasury agreed to collect the data, pull it together and release it annually for the public.
With that, the Queensland Treasury released the 35th edition of the Australian Gambling Statistics report to cover 1992-93 to 2017-18.
The Treasury released it this month.
The report’s big news was that the amount of money Australians lost to gambling from 2017 to 2018 was $24.887 billion, a five per cent increase from the previous year.
The largest increase occurred in New South Wales, with a 3.2 per cent rise to $9.8 billion lost.
Victoria was second with a 6.2 per cent increase to $5.8 billion.
Western Australia saw a decrease in its amount of gambling loss by 3.2 per cent to $1.3 billion.
Tasmania followed with a 1.6 per cent decrease and the Australian Capital Territory decreased 0.4 per cent.
Tim Costello of the Alliance for Gambling Reform speculated that the current rates will push the 2018-19 total over $25 billion lost in total.
“That’s a number over which our political leaders should be hanging their heads in shame,” he said.
Further, Mr Costello claimed that betting ads are significantly to blame.
“Is it any wonder this is happening in Australia when our national sporting codes have partnerships with gambling companies, and gambling advertising is so prolific on television, radio, online and in outdoor advertising? Our governments can and should do better.”
Total #gambling expenditure in Australia increased by 5% to $24.8 billion in 2017-18, including a 16.3% increase in #sportsbetting.
More in the latest edition of the Australian Gambling Statistics: https://t.co/JEiTCt5Ocn pic.twitter.com/4ZKYLbTG9s
— Responsible Gambling (@vicrgf) December 5, 2019
To break down the numbers by the type of gambling involved provides more insight into which forms are becoming more popular.
It also shows the types of gambling in which people are more likely to lose money.
Racing, mostly at the TAB was down 9.8 per cent, while sports betting was up 37.2 per cent.
Gaming was down 1.4 per cent.
Casino gaming in particular was down 8.4 per cent, while instant lottery was up 7.5 per cent and Keno rose a huge 271.6 per cent.
Lotteries (23.6 per cent) and lotto (11.4 per cent) were also higher.
The Western Magazine reports that poker machine players in New South Wales have lost $19 million to hotels and clubs during seven months in a part of western New South Wales.
The data from Liquor and Gaming New South Wales shows that while the region suffers through one of its worst ever droughts, $18,951,287 was made in net gaming machine profits from December 2018 to June 2019 across 70 venues in the region.
The data includes hotels and clubs and was from the following government areas: Cowra, Upper Lachlan, Weddin, Hilltops, Forbes, Parkes, Cootamundra-Gundagai, Junee, Yass and Temora.
These venues paid $2,719,945 in tax on the gaming machine profits during the same time period.
The average net profit per machine was $17,166.
Market research company Roy Morgan has published its Gambling Currency Report, revealing data that gambling on poker machines is declining. The results…
James Packer is set to be thrust into the spotlight as an inquiry was launched on Tuesday into the billionaire’s proposal to…
The first of three inquiries into Crown Resorts and the conduct of its casino business kicked off on Tuesday in Sydney, where…