Monday, March 23, 2009

New Zealand And Australia The World Leaders In Online Gambling

Most people would think that the most online gambling is taking place in the US. Those people would be wrong if one is to believe the findings of a new study done by University of Lethbridge professors Robert Williams and Robert Wood.

The study was uncovered by The Sunday Telegraph and the results indicate that New Zealand and Australia are the world leaders in terms of online gambling. They both average over $400 a month worth of bets from gamblers.

The study consisted of surveying over 20,000 people from 105 countries. Australia and New Zealand gamblers admitted to betting $435 on an average online, per month. That figure exceeds any other countries.

"Australian Internet gamblers do report higher average monthly gambling spending than the overall average we observed among our sample," said Professor Wood, "This would suggest that Australian Internet gamblers do spend more on gambling compared with Internet gamblers from most other countries."

Some suggest that Internet gambling needs stricter regulations in Australia. The use of credit cards to gamble online is a main concern for at least one problem gambling coordinator from the Salvation Army.

"We would encourage bans on any capability to gamble on credit and believe the Federal Government should take a lead on this," said Gerard Byrne. Centrebet is at the center of the online gaming industry, with a ten percent revenue increase from online betting over the past year..

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