Australia’s online gambling revenue surges to £124.9bn

Finance News

Almost one third of adults have gambled online, according to the latest Australian Communication and Media Authority (ACMA) data. 

Australia has seen a surge in online gambling participation, with millions of Australians engaging in various forms of online betting. This article explores the future of online casinos in Australia, highlighting key trends, innovations, regulatory considerations, and the implications for players and operators alike.

Mobile gaming has become a cornerstone of the online casino experience in Australia. Approximately 70% of Australian players prefer accessing casino games via smartphones and tablets. This trend has prompted online casinos to develop mobile-friendly platforms and applications, ensuring that players can enjoy their favorite games anytime, anywhere. The convenience of mobile gaming has significantly expanded the player base, attracting younger demographics and casual gamers.

The last two decades have also seen an explosion in the popularity of online betting, particularly when it comes to sport. Estimates show Australians are spending approximately £124.9bn on legal wagers each year – with 38% of the population gambling weekly.

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