Top 10 Gambling Nations in the World
If you want to know more about the gambling industry and its geographic spread, here are the top 10 gambling nations in the world. In addition to traditional casinos, online casinos are also a growing industry, with many countries offering online gambling sites. Even though the number of gambling countries is increasing, not all of them are as popular as some other nations. Here are a few of them:
Malta – One of the smallest nations in the world, Malta is a hub for gambling. Low taxes and flexible rules have drawn in various betting firms to the sunny island. Although the numbers vary, the integrity of the game is upheld here. Malta’s government has registered hundreds of internet gaming companies. The country’s dense population of internet gambling companies allows it to attract an enormous number of players. However, the country’s gaming industry is also highly regulated, so there are some concerns.
Australia – This country is considered a “Gambler’s Paradise.” The country’s government has embraced online gambling and has removed restrictions on gambling on sports. However, Australian law prohibits the betting of live games. Nevertheless, the Australian government has agreed to review its gambling laws. Australia is also a hotbed for slot machines, with 75-80 percent of problem gamblers being addicted to pokies.
The United Kingdom – Another country with a highly liberal gambling market, the United Kingdom is home to some of the largest sports betting platforms in the world. There are also thousands of online casinos accessible to British residents. The UK government has taken social responsibility steps to ensure that all gambling services provided are fair and ethical, with the country’s laws being enforced by the Gambling Commission. Overall, the UK is among the top 10 gambling countries in the world.
Macau – China is another country where online gambling has taken off, thanks to Macau’s legal gaming jurisdiction. The nation boasts the largest gambling sector in the world, with over 75 casino resorts. The Chinese government has also allowed sports betting and other forms of gambling within its borders, though it remains outlawed in much of China. Macau has also benefited from government control, as its tax revenues go to sports and education. The government doesn’t abandon its gambling addicts though. In fact, it encourages them to seek free psychological counseling and support.
While online gambling is widely available in most countries, the Australian government has regulated the industry. In fact, gambling is illegal in many parts of the country, though it is slowly becoming more accepted. In 2018, the income generated by the gambling industry in Australia was 44 billion Indian rupees compared to $20.3 billion in 2014. In addition, online casinos and bingo gaming are not widespread in India, and there is little regulation online.
Spain – With a rich culture, Spain is a culturally rich country that is also one of the top gambling nations in the world. Spanish sports betting is especially popular, with Spaniards spending $418 on sports wagers per year on the average. Despite this, gambling is largely legal in Spain. The government, however, does not want to share its income. A recent survey found that gambling in Spain accounts for nearly 12% of all Spanish gambling expenditure.