Just like any other country in the world, Australia has also injected money into its economy in a bid to fund the COVID-19 pandemic. The state managed to fund pensioners along with social security beneficiaries a once-off A$750 to boost consumer spending.
The COVID-19 pandemic has affected both personal lives and businesses in Australia and New Zealand. However, according to data collection, online gambling spends up to 67% in Australia between the month of March and April 5.
Spending on Online Gambling Rise by 67 Percent
With the data gathered by the researchers at AlphaBeta indicated that Australians spent 67% more time compared to the usual on online gambling over the first week of April. This is actually surprising considering all the absence of sporting events on which to place a bet. This simply means that all gamblers are spending much on casino-type games.
In addition, over 250,000 Australian consumers indicate the online gambling industry as one of the biggest victors of the lockdown. Casinos are also joined by other sectors such as food delivery that is generating 63% along with online retail and subscription services occupying up to 61%.
Gambling professional Dr Charles Livingstone indicated that the increase could be down to new gamblers who are out there trying their luck on real money online gambling. At the same time, it could be regular casino players being forced to use online casino accounts since casinos in Straya are closed.
What are Aussie Gamblers Playing?
The lockdown of various businesses affected almost everyone in Aussie. With sporting events such as AFL suspended as well as an opener for the Formula 1 season-ending. This means sports betting has been off the menu.
Now online casinos are offering an extensive gaming collection for real money gambling. This encompasses every gambling activity you will find at the Las Vegas strip. Nevertheless, since most of the punters are new to the gambling space, only a few were heading towards the high stakes poker tournament games.
Most gamblers in Aussie have been going towards traditional games that they are used. Casino games such as blackjack, roulette, baccarat and craps have been the players’ first preference at most online casinos.
Online gambling has become the only option left for gamblers to enjoy real money gambling in Straya. That’s why we are noticing an increase in spending especially at most online casinos in Australia.
Players have been flocking their way to that they wager on their favourite casino game for real money during the lockdown period were most land-based casinos are closed.