Gambling has been practiced since ancient times. Previously, this would have been accomplished through the use of board games, but today, those interested go to casinos. People are addicted to the rush that comes with the possibility of increasing their wealth through chance, but some gamble only on occasion for fun.
What are the effects of gambling on people? How many schools have a policy prohibiting it on their campus? Which age groups are more likely to gamble, and which countries have the strictest gambling laws? We present some gambling statistics in order to provide illuminating answers to these pressing questions.
Interesting Gambling-Related Information
- Twenty percent of the world’s population has engaged in some form of gambling.
- Only 3% of the population in the United States engages in online gambling.
- However, men gamble twice as much as women (69 percent) (36 percent )
- Six percent of college students have significant gambling-related problems.
- Families with a compulsive gambler have a significantly increased risk of experiencing domestic violence.
- More than two-thirds of compulsive gamblers engage in illegal activities that are related to their gambling in some way.
- Las Vegas is one of the most well-known gambling destinations in the United States.
- The United States of America will have 462 commercial casinos by the year 2020. Gambling accounts for roughly half of Macau’s total revenue.
- Australians gamble away $18 billion of their country’s wealth each year.
- Gambling Statistics in General
Let’s start by looking at some overarching statistics about gambling. This will aid in developing a general understanding of the subject before delving into the specifics.
1.20 percent of the world’s population has engaged in some form of gambling
This percentage may not appear to be significant, but when we consider the total number of people involved, we find that it is nearly 15,600,000,000! This includes not only casino games, but also other forms of gambling such as Bingo, the lottery, and betting cards. This figure appears to be rising as a result of the proliferation of online gambling. Online casinos allow people to gamble from the comfort of their own homes. Despite this, the following statistic shows that people still prefer traditional forms of gambling.
2. Only 3% of people in the United States participate in some form of online gambling
According to statistics, only three percent of people in the United States participate in online gambling. When compared to online gambling, gambling in person provides far more excitement and allure. It appears that a sizable number of people also enjoy visiting casinos. This is not to say that traditional forms of gambling are preferred in every region of the world. In comparison, the figure for the United Kingdom can reach as high as 17%.
3. The percentage of men who gamble is twice that of women (69%)
Gambling statistics are incomplete without accounting for the participation of both sexes. Men are far more likely than women to gamble. This statistic explains why men have a greater number of gambling wins and losses than women.
In terms of gambling, men are more likely to develop gambling problems, whereas women are more likely to gamble responsibly. These gender differences begin to emerge when a person is in their early adolescence, late teens, or early twenties.
Facts and Statistics About Compulsive Gambling
Gambling isn’t always exciting, and if not done responsibly, it can lead to problems like addiction and drug abuse. What percentage of college students gamble? What are the consequences of a gambling addiction? Let us investigate.
4. Families with a compulsive gambler have a significantly increased risk of experiencing domestic violence
According to gambling addiction research, households with at least one compulsive gambler have a significantly increased risk of experiencing domestic violence. This includes drug abuse, as studies show that parents who gamble compulsively are more likely to develop substance abuse issues themselves.
Furthermore, this statistic does not only cover cases of abuse in families. Gambling increases a parent’s risk of developing mental health problems such as depression and anxiety, which can have a negative impact on their children.
It is estimated that 5.6 percent of college students have a gambling addiction (Addictions.com)
Problem gambling poses a significant challenge to college students. Students who gamble more frequently have or are at risk of developing mental health problems such as depression and anxiety. This also increases the likelihood of them abusing substances such as alcohol and drugs.
Furthermore, students are more likely to gamble when they are in debt as a result of gambling. Students at educational institutions most frequently place bets on sporting events.
6. More than two-thirds of problem gamblers engage in illegal activities related to their gambling
According to gambling and crime statistics, compulsive gamblers have a significantly increased risk of committing gambling-related crimes. The majority of these crimes are committed in order to win money at gambling or to meet financial obligations. People get into debt by getting caught up in the vicious cycle of gambling, in which they lose their winnings and end up owing even more money.
Common crimes include theft, burglary, shoplifting, stealing from one’s place of employment, and fraud. People who gamble compulsively are more likely to be arrested for these types of offenses than those who do not gamble.
7. Las Vegas received 42.52 million tourists last year, making it one of the most popular gambling destinations in the United States
Isn’t it true that whatever happens in Vegas stays in Vegas?
This information should come as no surprise to you. The entertainment industry in Hollywood has contributed to Las Vegas’s reputation as a destination for bachelor parties and gambling. The idea of going to Las Vegas and gambling away one’s problems is deeply ingrained in American culture. Casino statistics in the United States show that since casino gambling became legal in Las Vegas, the city has become the most popular location for casinos.
8. The gaming industry accounts for half of Macau’s total revenue
According to gambling industry statistics, gambling accounts for fifty percent of Macau’s total revenue. Despite the fact that gambling is illegal in China, Macau is a well-known name in the world of gambling destinations.
What are the chances of that occurring? Because Macau is considered a special administrative region within China, the Chinese central government has little control over the territory’s gaming regulations. It is also unlike other land-based casinos in that you must travel by boat for one hour to get there! The Macau government does not appear to be interested in closing down its gambling establishments. Who among us is willing to give up $38 billion in potential revenue?
9. As of 2020, the United States has 462 casinos that are open to the public
The number of active casinos in the United States has remained relatively stable over the years, ranging between 450 and 500.
Despite this, the number is still significantly higher than in other countries, such as India, where there are only 19 legal gambling sites!
10. Australians gamble away $18 billion of their country’s wealth each year
According to gambling statistics, Australians spend approximately $18 billion on gambling each year. As a result of the country’s decision to legalize gambling, advertisements for new gambling establishments and casinos are now permissible. Who can resist the allure of a gambling establishment when it is so heavily advertised?
Gambling is not limited to establishments such as casinos. Furthermore, Australia is home to 20% of the world’s registered slot machines. The statistics below will walk you through some of the most popular ways to gamble, such as table games, slot machines, and casinos.