Reports AUSTRALIA MARKET REPORT
Essential information and facts about Australia:
Capital Canberra
Total Area Population Median age
Ethnic Groups Languages
Government type Chief of State
7,741,
220sq.km 26,141,369 37.5 years
Religion Protestant (23%), Roman Catholic (22.6%)
English (36%), Australian (33%) English (72%) and others.
Currency Australian dollars (AUD) Federal parliamentary democracy
King Charles III (since September 2022) represented by governor general David Hurley (since July 2019).
Head of Government Prime Minister Anthony Albanese (since May 2022)
Unemployment
Elections President elected by popular vote for five-year term (eligible for second term). Next election October 2024. Prime Minister nominated by Parliament. 3.5% (August 2022)
Tourism 1.5 million (July 2021-July 2022) Casinos
14
EGMs in casinos EGMs in clubs EGMs in hotels Lottery outlets Bookmakers TAB outlets
Total EGMs 192,768 13,542
110,000 69,220 4,343 433
4,442
Casinos, pubs and hotels in NSW were allowed to install pokes in the mid-1990s and other states and territories, eager for a slice of the economic rewards, also approved the machines.
Australians lost more than $25bn on gambling in 2018/19, of which half of that went on the pokies ($12.7bn). Te pokies bring in a turnover of more than $153.5bn annually almost 70 per cent of the total gambling turnover in Australia.
Tere’s no single statute regulating gambling activities in Australia and each state or territory regulates the sector within each of their respective jurisdictions. A series of federal laws cover certain aspects of gambling, such as the Interactive Gambling Act of 2001 which governs online gambling services.
P44 WIRE / PULSE / INSIGHT / REPORTS
All forms of gambling are permitted in the eight different states and territories with a few exceptions such as Western Australia which only permits EGMs and Keno in its casino whilst EGMs are only permitted in hotels and clubs in Australian Capital Territory (not in the casino).
Meanwhile, Australia is the third largest casino market in the Asia Pacific region with a gambling turnover of $26.2bn and gambling expenditure of $4.8bn in 2019.
Tere are currently 14 casino licences issued and these are typically issued through a tender process run by the state.
Te first casino to open in Australia was Wrest Point Hotel Casino in Hobart (Tasmania) in 1973.
By 1986, eight casinos had opened across the country and a further six by 1996. Te three main casino companies are Crown Resorts, Star Entertainment Group and SkyCity Entertainment.
SPORTS BETTING
Prior to 2001, sports betting in Australia was a little chaotic with little oversight. Te Gambling Act of 2001 changed that and only those companies with a licence could offer sports betting services and the whole sector was regulated.
Retail wagering is generally offered by the state and territory Totalisator Agency Boards (TABs) giving them relative exclusivity. TAB offer
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