The biggest gambling countries can be safely called a good field for players who prefer different types of casino games. The United States, Australia, Canada, and the UK boast impressive numbers. In the US, this market generated $119 billion in revenue. Australia follows closely, with an annual gambling revenue of $20 billion. Canada’s – $13 billion, while the UK recorded $18 billion.
Australia is one of the best countries for gambling in the world where online pokies games by different trusted providers are popular. Around 64% of the population gamble, with a fairly equal gender ratio. In the US, 44% of adults participate, with men slightly outnumbering women.
Short Brief about the Biggest Gambling Countries
It is the biggest global industry, with the combined casino and online sector reaching a staggering $231 billion in 2021. Forecasts predict the online industry alone to surge past $114 billion by the decade’s close, showcasing an impressive compound annual growth rate of around 11% until 2028. The highest gambling countries in the world, including the USA, UK, and China, influence this thriving landscape significantly.
- Australia is another one among the best countries that gamble the most with over 80% of the population participating. It boasts around 200,000 poker machines, nearly 20% of the world’s total. Among Australians, the best online pokie games for free with no download, no registration, with free spins and bonus rounds features are in special demand.
- London, UK: Ritz Club in London requires a minimum bet of £1,000 for a roulette game, and it’s renowned for its luxurious ambiance.
- Las Vegas, USA: With more hotel rooms than any other city on Earth, Las Vegas draws over 42 million visitors yearly, generating around $6.6 billion from gambling revenue alone.
- Macau, China: Macau’s Cotai Strip is home to the world’s largest casino, generating seven times as much money from this industry as Las Vegas. It contributes to over 80% of the region’s economy.
- Monte Carlo, Monaco: The royal family initially created an iconic Casino de Monte-Carlo to combat financial struggles in the 19th century.
- Spain: The world’s oldest casino, Casino di Venezia, opened in 1638 in Venice, Italy. However, Spain’s Casino Barcelona is Europe’s largest one.
- Italy: Italy’s national lottery has been running continuously since 1530, making it one of the world’s oldest lotteries.
In 32 countries, residents are prohibited from working in this industry without a valid license. This requirement aims to ensure that activities are conducted responsibly, prevent illegal operations, and protect consumers from potential harm associated with unregulated work.
On the other hand, 28 countries take a proactive approach to restrict residents from accessing by blocking websites operated by local operators. This measure aims to minimize the negative consequences of excessive gambling and maintain strict control, particularly in jurisdictions where it can potentially lead to social and economic problems.
Top 5 Most Gambling Countries in the World
The top gambling countries are the world’s largest high-stakes centers: Australia, the United Kingdom, Canada, and Singapore, delve into statistics, dynamics, and cultural significance.
Australia boasts one of the highest participation rates globally, with around 80% of its adult population engaging. The age limit is 18 to 21, depending on the state. The country’s annual losses have reached around AUD 24 billion, with the average loss per player estimated at AUD 1,324.
Australian Statistics, August 2023
Men participate more actively than women, reflecting a noticeable gender imbalance. Online betting represents a substantial amount of this revenue. At an interview with a casino expert, you will find out more details about the iGaming market in Australia, trends, news, and leading companies.
#2. United Kingdom
In the United Kingdom, it is a well-regulated and popular activity. Over 50% of the population participates, with an estimated 24 million active gamblers. The legal gambling age is 18. The UK Gambling Commission (UKGC) oversees online and offline casino activities. The UK casino market generates substantial revenue, with an annual gross yield of £14.4 billion. It is one of the best countries for gambling, men have a higher participation rate, reflecting a gender disparity. The average loss per player varies across different forms, with online betting and casino games contributing significantly.
USA as the biggest gambling country in the world – Statistics 2023
#3. United States
Las Vegas is located in the USA, often called one of the most gambling countries. It’s estimated that 68% of Americans have gambled at least once. The age range is between 18 and 21. In the US, men generally exhibit greater participation than women. In 2020, the gross gaming revenue across all commercial casinos was approximately $29.98 billion. The American Gaming Association (AGA) and state-specific gaming control boards regulate an industry. Also, it is in the USA that the largest winnings in a casino in one night and largest jackpots were recorded.
Over 75% of Canada’s population participates in various forms of casino games. The legal gambling age varies by jurisdiction and spans from 18 to 19. The Canadian market’s total gross revenue amounts to billions of CADs annually, with government-operated lotteries contributing significantly. The regulatory landscape varies by province, overseeing offline and online activities.
Despite its small population, around 52% of adults have engaged. The minimum legal gambling age is 21. Singapore sees balanced engagement between genders, reflecting an equal participation trend compared to other countries. The country’s integrated resorts, such as Marina Bay Sands and Resorts World Sentosa, contribute to its reputation as a fairly young but one of the best countries for gambling in the world. Singapore’s casinos generated SGD 4.5 billion in gross gaming revenue in 2019. The Casino Regulatory Authority (CRA) oversees the casino industry, maintaining responsible practices.
Countries Where Online Gambling is Legal: Best Countries for Gambling
In the intricate tapestry of the global industry, 80 countries where online gambling is legal contribute to a staggering market worth over $227 billion. While some nations prohibit it, others have opened their doors to this lucrative pastime. Comparing profitability across these regions reveals varying degrees of success, shaping each country’s unique gambling landscape, and the economic dynamics underscore it.
United Kingdom: The UK boasts a thriving industry with a gross yield of £14.4 billion. It’s one of the biggest countries where casinos are legal and regulated by the UK Gambling Commission. Per-player profitability varies across games, with average losses ranging from £5 to £17. The market’s profitability is attributed to its diverse offerings, including casinos, sports betting, and online options.
- In New Zealand, gambling expenditure reached NZD 2.5 billion. It is also regulated, with the Department of Internal Affairs overseeing compliance. Both genders participate in gambling. Per-player profitability varies, with an average loss of NZD 613.
- The USA market is valued at $29.98 billion. It is legal in certain states, while offline casinos are everywhere. Per-player profitability varies across games. The market’s dynamism stems from state-by-state regulations. The industry’s significance is attributed to iconic destinations like Las Vegas and diverse gambling options. Both genders actively contribute to the market.
Belgium is another one among the best gambling legal countries with annual gross gaming revenue surpassing €300 million. It is overseen by the Belgian Gaming Commission. Per-player profitability varies, with losses averaging €250. Online options and established casinos contribute to Belgium’s reputation as a significant gambling center. Gender-diverse participation enhances its prominence.
The French market generates €10 billion annually. Per-player profitability varies, with losses averaging €124. Historic casinos and gender-diverse participation contribute to France’s prominence as a significant gambling center.
Argentina is also one of the best countries for gambling legal (offline or online), regulated by provincial governments. Per-player profitability varies, with average losses ranging from ARS 300 to 500. The country’s market contributes significantly to its economy and tourism industry.
Malta: Among the other most gambling countries, the market’s profitability is substantial, with per-player losses varying, with average losses ranging from €50 to €60. Gender diversity in participation and a favorable regulatory environment further solidify Malta’s status as a big gambling center.
Top 10 Gambling Countries in the World: Place for Gambling by Country
The global industry has experienced remarkable growth in recent years. In 2020 the casino market was valued at $227 billion, while online gambling reached $66.7 billion (read more details research here). The digital sector is projected to grow, with an estimated $92.9 billion by 2023. Players often favor online options due to convenience, contributing to the shift in market focus. Over the next decade, experts predict a compound annual growth rate of 9.2%, propelling the industry to new heights.
Macau is one of the biggest gambling countries in the world with revenue of $36.5 billion in 2019. Macau exhibits balanced gender participation. The average loss per player stands at around $4,500. Macau’s appeal lies in its opulent casinos, catering to high rollers. Regulatory oversight is under the Gaming Inspection and Coordination Bureau (DICJ) — around 52% of the population, with no age restriction.
India: market is complex due to varying state laws. As one of the online gambling countries, the market is growing, with a predicted market worth of $1 billion by 2021. Per-player profitability is moderate. An estimated 30% of the population engages, and the legal age is 18. Losses can reach up to 10% of monthly income for some players. Gender disparity exists, with more male players. Legality varies, with online skill-based games being more accepted.
Hong Kong: Losses can range from $100 to $500 — lacking extensive options curbs total market profitability. The market is male-dominated, and the Hong Kong Jockey Club oversees regulations. Around 67% of the population bets on the lottery, and the legal age is 18.
- The Netherlands regulates through the Kansspelautoriteit (KSA). The Remote Gambling Act legalized online type of the activity in 2021. Average losses amount to €250 per person. The Dutch market is profitable, with a gross gaming revenue of €2.6 billion. In the Netherlands, participation leans slightly towards men’s engagement.
- Germany is transitioning with the Interstate Treaty on Gambling. Losses average around €310 per person. The German market is lucrative, with revenues of around €14.2 billion. Casinos in Berlin and Baden-Baden attract gamblers. The gender split is relatively equal. Regulatory bodies include the state authorities and the Gaming Authority. An estimated 53% of the population engages, although this is not one of the countries where online gambling is legal.
- France: The market’s profitability reaches €8.7 billion. The country’s rich history and iconic casinos make it a significant center в этой сфере. Men’s involvement surpasses that of women’s participation. The Autorité de régulation des jeux en ligne (ARJEL) regulates online gambling. Around 47% of the population participates, and the legal age is 18.
- Italy: annual revenue of €22 billion. Per-player profitability varies, with some spending over €1,000. Italy’s historical casinos contribute to its status. Men dominate the market. 40% of the population participates, and the legal age is 18. The regulatory body is the Agenzia delle Dogane e dei Monopoli (ADM).
- China has strict laws, with only state-run lotteries allowed. However, Macau’s proximity attracts Chinese players. Although it is not included in the list of countries where online gambling is legal, this type of game is very popular.Losses can be substantial, averaging ¥2,500 per person. The market is male-dominated.
- Finland: best country for online gambling with an estimated revenue of €400 million by 2021. Per-player profitability is relatively high, with losses averaging €320. The Finnish market is profitable, contributing to public funds. The market is gender-balanced. Regulatory oversight is through the Finnish Ministry of the Interior. Roughly 41% of the population participates, and the legal age is 18.
- Spain: market generates around €10 billion annually. Per-player profitability varies, with losses averaging €124. The historic Casino Barcelona and other casinos contribute to Spain’s gambling prominence. The Directorate General supervises regulations for the Regulation of Gambling. Around 40% of the population participates, and the legal age is 18.
Are These Also the Best Countries for Gambling or Not?
Let’s review scenes of the Philippines, South Korea, Ireland, Norway, Greece, and Japan to determine whether they rank among the biggest gambling countries, exploring gambling dynamics, market profitability, and cultural nuances.
- The Philippines. Casino gaming generates billions in revenue, boosted by a thriving online sector. The country’s regulator, PAGCOR, oversees the industry. The per-player profitability is moderate, with losses averaging around PHP 9,000.
- South Korea. Only Kangwon Land Casino allows locals to gamble, generating substantial revenue. Foreigners can play in several casinos. Per-player profitability varies, with an average loss of KRW 200,000. The national government and local authorities regulate. Cultural influences and restrictions impact the market, limiting it compared to other nations.
- Ireland. The Betting (Amendment) Act 2015 regulates online type of casinos. Despite a diverse gambling history, land-based casinos are limited. Per-player profitability varies, with average losses in the hundreds of euros. The government is reviewing the industry’s regulations. While Ireland’s potential as a destination exists, the current landscape doesn’t position it as a top contender.
- Norway. Per-player profitability is relatively high, with losses averaging around NOK 4,000. The government aims to channel gambling towards responsible activities. Norway’s approach prioritizes limiting the negative impact, which contrasts with the ambitions of major centers.
- Greece’s industry faces challenges due to legal complexities and tax issues. Per-player profitability varies, with losses averaging around €200. Regulatory uncertainties and tax burdens hinder the Greek market’s potential, impacting its competitiveness among the best gambling countries in the world.
- Japan’s scene is undergoing significant changes with the legalization of casinos. While only integrated resorts will be permitted, the potential is high due to the country’s tourism appeal. Per-player profitability is projected to vary based on the type of games offered. Japan’s journey toward becoming a major gambling center is still in its early stages.
- Sweden reformed its laws in 2019, introducing a regulated online market. Per-player profitability is moderate, with losses averaging SEK 2,000. Engagement is relatively similar between men and women. Around 47% of the population participates, and the legal age is 18. Online options and historic casinos make Sweden a gambling hub. Men dominate the market.
Frequently Asked Questions
1. Is gambling popular in European countries? The United Kingdom is the leading casino country in the world in gambling participation. Its well-regulated industry encompasses various forms, including sports betting, casinos, and online gambling. The UK’s mature market and cultural affinity contribute to its prominence within Europe.
2. Where are the biggest gamblers by country? Las Vegas is often called the world’s gambling capital. With its iconic Stripe lined with grand casinos, Las Vegas attracts over 38 million visitors annually, making it a global epicenter.
3. What is the world’s largest gaming market? Macau is the world’s biggest casino country in the world, surpassing even Las Vegas. Chinese massive casino resorts attract visitors from around the globe, generating revenue that outstrips other destinations.
4. What country loses the most in gambling? Australia has one of the highest loss rates in the world. Having a sizable segment of the population engage in casino activities, the country’s annual losses amount to billions of Australian dollars.