Gambling losses in top 15 countries
 |
Some people bet big, really big. There are people who have lost cars, houses and even hotels in gambling.
Let us take a look at 15 countries and see where they rank when it comes to gambling losses, according to The Economist's data.
NOTE: The ranking is based on net loss per adult resident.
Click NEXT to read more...
Image: There are people who have lost cars, houses and even hotels in gambling.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Australia
Loss per adult resident (2010): $1,300
Australia holds at least one world record for gambling, with over 80 per cent of adults engaging in gambling of some kind.
In 2007-08, the states collected about $3 billion from poker machines, and $4.9 billion from all forms of gambling. Taxes on poker machines made up 5.6 per cent of all revenue, and gambling takes in general came to 9.1 per cent.
Click NEXT to read more...
Image: A race-goer celebrates after jockey Corey Brown rode Shocking to victory in the Melbourne Cup.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Singapore
Loss per adult resident (2010): $1,170
Singapore is poised to vault past Las Vegas to become the world's number two gambling destination, behind Macao in southern China.
Click NEXT to read more...
Image: A woman looks at slots machines inside the Resorts World Sentosa casino on Singapore's Sentosa Island.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Ireland
Loss per adult resident (2010): $590
Gambling on horse-racing and sporting fixtures is hugely popular in Ireland, and punters are increasingly using the Internet to place their bets.
Click NEXT to read more...
Image: Gambling on horse-racing is popular.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Canada
Loss per adult resident (2010): $570
In Canada, gambling operates exclusively under the control of the provincial and territorial governments.
Click NEXT to read more...
Image: Two floors of slot machines and gambling in Ontario are covered by a ceiling that puts on a laser show.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Finland
Loss per adult resident (2010): $550
Gaming in Finland is organized as a national monopoly and the age limit is 18.
Click NEXT to read more...
Image: Cafe in the square of the Three Blacksmiths, Helsinki.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Italy
Loss per adult resident (2010): $480
While Italy's economy is stalling, the gambling industry is booming, with 12.9 per cent growth in 2010, and double-digit expansion projected for 2011.
Click NEXT to read more...
Image: A man looks at the an advertisement for the state lottery in the window of a betting shop in Milan.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Hong Kong
Loss per adult resident (2010): $450
The Hong Kong Jockey Club is one of the oldest institutions in Hong Kong, founded in 1884 to promote horse racing. It was granted Royal Charter and renamed to 'The Royal Hong Kong Jockey Club' in 1959.
The name of the institution was reverted to its original name in 1996 due to the transfer of sovereignty of Hong Kong in 1997.
Click NEXT to read more...
Image: A cleaner pushes his cart past a statue outside the Hong Kong Jockey Club.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Norway
Loss per adult resident (2010): $420
Gambling for most part is illegal in Norway. Norsk Tipping and Norsk Rikstoto are the only two companies allowed to offer gambling services to Norwegian citizens.
Click NEXT to read more...
Image: A lone skier makes her way through the snow on the outskirts of Oslo.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Greece
Loss per adult resident (2010): $410
Recent figures published by the EU show that Malta has the largest number of registered online gaming companies in the EU.
Click NEXT to read more...
Image: A man sits inside a lottery store in Athens.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Spain
Loss per adult resident (2010): $405
Spain's lottery market is one of the largest in the world and can boast impressive per-capita sales.
Click NEXT to read more...
Image: A schoolboy reads the number on a lottery ball in Madrid.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Sweden
Loss per adult resident (2010): $390
The gaming industry employs as many people as the automobile manufacturer Saab, with the difference being that the gaming companies deliver consistent profitability.
Click NEXT to read more...
Image: Women smell cherry blossom in the Kungstradgarden park in Stockholm.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
Denmark
Loss per adult resident (2010): $370
The Danish gaming legislation can be characterized as a difficult balancing act between consideration for tradition and the desire to nevertheless permit a gaming market.
Click NEXT to read more...
Image: Boats are seen anchored at the 17th century Nyhavn district, home to many shops and restaurants in Copenhagen.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
The United States
Loss per adult resident (2010): $370
Gambling is legally restricted in the United States, but its availability and participation is increasing.
Click NEXT to read more...
Image: A wooden structure, which contains the concierge on the ground level and a dining terrace on the second level for the restaurant Beso, is seen at Crystals in Las Vegas.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
|
The United Kingdom
Loss per adult resident (2010): $350
Gambling in the United Kingdom is regulated by the Gambling Commission on behalf of the government's Department for Culture, Media and Sport under the Gambling Act 2005.
Click NEXT to read more...
Image: A dealer at a casino.
Photographs: Reuters
Gambling losses in top 15 countries
|
|
More |
Japan
Loss per adult resident (2010): $340
Gambling in Japan is generally banned by the Criminal Code chapter 23.
However, there are several exceptions, including betting on horse racing and certain motor sports.
Image: A white whale kisses a Kimono-clad trainer in Yokohama.
Photographs: Reuters
READ
RECENT
EMAILED
COMMENTED
India Business News | Indian Stock Market News | Bollywood Movies | Indian Cricket News | India News | India Abroad Person of the Year 2011
© 2012 Rediff.com - Investors - Advertise - Disclaimer - Privacy - Careers - Feedback | India Abroad weekly
this
Users
Comment
article