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    Home»All»Which Countries Offer the Most Profitable Gambling?

    Which Countries Offer the Most Profitable Gambling?

    Rabbi IT FirmBy Rabbi IT FirmNo Comments5 Mins ReadJune 1, 2022
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    The gambling industry is exploding in all parts of the world. The revenues of online and offline businesses are expressed in billions of dollars per year. We are sure the same trend is not going to stop, especially with the newest technological inventions that ensure more comfortable online gambling.

    However, would people play games regularly if they never manage to win? Certain countries in the world offer bigger prizes and rewards. Logically, that is more common for the biggest markets in the world.

    But, Before We Start

    Let’s make something clear before we move to the main point. It doesn’t matter where you live. You need to gamble responsibly. Indeed, there are luck-based games that you can’t control. But, how much you will earn or lose depends only on you. These facts are there to confirm that the entire gambling business field is making huge progress. We do not want to say that moving to some of the mentioned countries would be a good option for making money.

    Markets with Biggest Revenues

    When you look closer, the most populated countries in the world manage to establish the biggest profit. But, that doesn’t mean that proportion of revenue and number of residents is the only factor that influenced the list. The top five markets with the biggest revenues are:

    • China
    • USA
    • Japan
    • South Korea
    • Germany

    Believe it or not, the revenue of these countries is expressed in thousands of millions. For example, Chinese casinos manage to make around 37.845 MILLION dollars per year. On the other hand, the USA is around 30 thousand million. When we talk about Canada, the revenue of online and offline casinos here is somewhere around 2,300 million USD.

    The Biggest Jackpot Order Based on Currencies

    This may tell you where the biggest progressive jackpots are. Believe it or not, the first place goes to Canada. The most valuable jackpot that the best online casinos for Canadians have paid off is a bit more than 70 Canadian dollars! The second biggest jackpot is expressed in Euros (according to our research, the casino was from Germany), and the value of that reward was around 50 million Euros. If you want to know, the biggest jackpot in the USA was around 20 million (a lot lower compared to the previous two we mentioned).

    After talking about these numbers, you can make some sort of conclusion. It is hard to precisely determine where players make money the most. But, it seems that Canada and Australia are the places where gambling pays off the most.

    But, Where Do People Gamble the Most?

    The answers to these questions may help you make some conclusions. We will highlight only four of them, and you will see that the data matches the previous group of information we shared with you.

    Australia is Number One

    Believe it or not, Australia is, without any competition, the “most crowded” gambling market in the world. According to different research, nearly 40% of the entire nation is enjoying this activity regularly. When we express that into numbers, that’s around 6.8 million people (of course, we are talking here about people older than 18).

     

    It is probably unnecessary to say that pokies or slots (name them however you want) are the most popular among people. But, something you need to know is that table games like blackjack and roulette are next on that list.

    United Kingdom

    The British market is huge and a big number of online and offline casinos are offering their products there. Currently, the statistics say around 46% of the adult population within the entire country is gambling regularly.

    There are multiple reasons for such a situation. First and foremost, Great Britain is a giant in terms of finances and economic progress. People can afford to gamble once or twice per week. On the other hand, UKGC is one of the most reputable regulatory bodies in the world. People from England, Scotland, and other parts of the kingdom feel safe.

    Singapore

    The third-place goes to an Asian country where more than 52% of people regularly gamble. However, that is not the most interesting fact here. Believe it or not, gambling is illegal within the country. There are only specific places where you can gamble (if we disclude offshore casino sites). But, the situation was a lot different until 1923. Gambling started to inspire people to participate in different criminal activities. The government back then decided to ban this activity and the same law is still active.

    Canada

    The fourth-place goes to Canada! Best online casinos for Canadians have managed to gain the popularity of this activity to the fullest. As you know, the gambling laws here are specific and different from one state to another. But, it seemed that the online world positively influenced the entire industry and the same trend will probably continue.

    How many people precisely are gambling regularly is a fact we couldn’t find. Some statistics claim it is about 50% of the adult population. But, there is one piece of information we are proud of the most. Believe it or not, only 0.6% of people that are regularly gambling are addicted to this activity. That means the responsible gambling procedures that best online casinos for Canadians support paid off!

    Final Thought

    The Canadian gambling market certainly is one of the most profitable for players. As we said, how much you will earn or lose depends a lot on your skills and patience. But, you also need to find the best online casinos for Canadians and enjoy the best bonuses, a wide range of games, and other stuff. Good luck!

    Rabbi IT Firm

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