The problem of gambling addiction in Australia continues to raise one eyebrow, with the financial losses increasing each year. In 2024, people in Australia lost a combined AU$25 billion through different kinds of betting. An average of AU$1,555 was lost per adult, making Australians among the world's biggest spenders on gambling per capita.
The following are breakdowns in broad categories of gambling losses:
Categories of gambling losses
Gambling category |
Total amount lost (AU$) |
Per capita loss (AU$) |
Pokies (slot machines) |
14.1 billion |
877 |
Sports betting |
3.7 billion |
230 |
Lotteries |
2.2 billion |
137 |
Casino table games |
1.5 billion |
93 |
Other forms of gambling |
3.5 billion |
218 |
However, apart from the financial devastations, there are more severe damages. Almost 25% of gamblers ruin their relationships because of betting-related issues. Meanwhile, 20.6% have compromised health as a result of their lifestyle.
Moreover, here are pieces of information that will try to paint a better picture of what the gambling scenery of Australia looks like:
- The general trend is that Australians gambled more during COVID-19 restrictions. It also involves implications for isolation, especially for those who have already engaged in some form of gambling activity in the past.
- Men between the ages of 18 to 24 years are more likely to experience gambling problems. This is very grievous because, in many single-income homes, the male member is expected to be a breadwinner.
- Horse racing, keno, sports betting, and greyhound racing also became popular during COVID-19. These are the kinds of bets that every gambler can easily access online. Therefore, mitigation strategies should mostly focus on online gambling since this is considered the easier mode of betting.
Obviously, the situation needs to be brought into control before it further deteriorates. Gambling addiction is a serious issue that not only affects the gambler but extends to their friends and family.