The Winners and Losers of Online Gambling

The USA retains its position of being one of the top gambling nations in the world - it pulled in approximately US$105 billion during 2012 alone. However China is now moving up the rankings and Nevada is now ranked second to Macau with regards to the place to go to for high stakes – it is time that the USA government stops dragging its feet over the law on online gambling so that the US can take a bigger slice of the $30 billion ‘virtual pie”.

Nevada and soon to be New Jersey has an online gaming license plus the number of online casino that are increasing, for instance Jackpot Capital Casino that allows US gamers to be able to take a cyber spin on the roulette wheel, there was only about 3.3% of revenue from the US during 2012 that was in fact interactive.

Currently more than 100 millions of Americans are already playing using their mobiles, and the global markets have indicated that there is about 42% increase on online spending over the past four year – it’s a revenue source that is waiting to be tapped.

The countries that have more relaxed laws with regard to gambling are taking advantage of the boom in online gaming and have been luring customers to their poker, casino games and their casino site for years.

The following are the biggest losers and winners:

Top of the stakes are the British who brought in 21% for online gambling during 2012 and the most popular game being roulette. More men play than women by 5 to 1 and they spend about 14 months of their lives placing bets online.

Nordic countries – Finland, Sweden, Iceland, Norway and Denmark – have a combined population of 20.9 million and have brought in collectively $8.5 billion from gambling during 2012 with approximately 30.3% from online gaming.

Igambling is still illegal in countries like China and Korea. Although China has a ban in place it still managed to rake in $50 billion from gambling during 2012, even though they have limited all land based casinos to Macau

Australians are regarded as the biggest losers worldwide, the average adult Australians lost about $1300 annually on land based and online slots and stakes.