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Gambling in Australia grows like a yeast

Poles love gambling, at least an impression can be referred to reading the latest report of the Ministry of Finance on the implementation of the gambling law in 2019. We learn many interesting things that tell us a lot about the gambling market in Australia. In this article, we will try to discuss this report.

Report on the implementation of the gambling law

The purpose of developing an annual report is a detailed presentation of data and information on the situation on the gambling market in our country and the activities of the state, both legal, control, and related to prosecuting crimes in the area of illegal gambling activities. The report also contains information on obtained revenues from games and implementation of budgetary assumptions, analysis of the gaming market sector against the background of economic and social conditions. Let's now move to discuss individual parts of the gambling market.

Casino game

In 2019, 4 conclusions for a concession for running a casino game were submitted. As you know, in Australia it is not possible to conduct a casino on the web, but only stationary. From January 1, 2019 to December 31, 2019. The Minister of Public Finance granted 6 concessions to run a casino to play as a result of resolving tenders to conduct announced in 2018. In Australia there are currently several dozen casino. The market, however, does not develop too quickly, due to the provision limiting the number of casinos in relation to the number of inhabitants.

In casinos to the game, the increase in revenues for over a billion zlotys was recorded last year, this is 25.2% compared to the previous year. In the case of numerical lotteries, we had an increase in revenues by a million zlotys, this is 35.3% compared to the previous year.

Betting

The year 2019 was record-breaking in terms of new bookmakers. However, as many as 12 requests for permission to organize sports betting and 5 conclusions for a concession for organizing such activities via the Internet. On 1 January of the year, 14 permits for decorating bookmaker plants via the Internet were active. In the previous year, there were 5 new permits to decorate sports betting on the Internet, including 1 permit to continue their business.

This means that as at 1 January last year, there were as many as 31 permits for organizing sports betting. We now have a total of 2530 points of accepting mutual betting throughout the country. At the end of the year there were 30 permits for organizing this activity, i.e. 30 active bookmakers.

The year 2019 was also record-breaking in terms of budget revenue. In the case of sports betting, there was an increase in revenues over 1.6 billion USD, this means an increase of 31.7% a year to year, which is quite a good result.

Game salons on machines

The industry, which developed the fastest game salons on slot machines, here there was an increase in year by yearly by 926%! No wonder, only recently appeared the possibility of a legal game on slot machines and their network was successively expanded. The development is therefore very dynamic, because it was started in 2018 almost from zero. Currently, a network of salons for slot machines has already operated throughout Australia. To illustrate how dynamic was opening new games showrooms, it is worth mentioning that at the end of 2018 only about 20 games shows functioned, while at the end of 2019 there were over 200 legitimate Lotto Games Salons.

Summary

The gambling market develops in our country very dynamically. This is illustrated by a huge increase in revenues of the entire market, which were higher as much as 52.2% compared to the previous year. An increase from 14 to 22 billion zlotys is impressive and shows a large potential of our country. The dynamic growth of new bookmakers and the development of completely new industry - legal salons for machines on machines show that in subsequent years we can count on another, perhaps even greater increases.