- Online Casino Demographics New York
- Online Casino Demographics Maryland
- Online Casino Player Demographics
- Online Casino Demographics Online
Gambling Industry Statistics and Trends
O nline gambling statistics - how many people are addicted to online gambling websites and internet casinos? Although it is relatively easy to find information and facts on 'traditional' forms of gambling, internet gambling is a relativly new phenomenon and accurate information on online gambling statistics is difficult to find. The payback percentage for a slot machine is the amount of money a casino expects you to win per spin over the long run. Here’s an example: You’re playing a slot machine with a 96.71% payback percentage. You’re wagering 25 cents per spin, and you make 600 spins per hour. For every 25 cents you bet, the casino expects you to win 24.18 cents. Demographic profile of the target audience Researchers distinguish three main groups of online casino audience: Middle-aged men and women with high income visit casinos because of curiosity, the possibility to try their luck and skills, as well as use different strategies in practice.
Online Casino Demographics New York
The United States gambling industry is valued at $37.34 billion in 2012. This has increased approximately $10 billion in the last decade. The following statistics capture the demographics and overall gambling industry.
Gambling Industry Employment
The average New Jersey online gambler tends to be younger than their land-based peers; they tend to be male, outnumbering females by 3:1, and they usually fall into the 25 to 44 age group. Younger as well as older gamblers are underrepresented, with older gamblers playing vastly less online than they do at brick and mortar casinos. The global online gambling market size was valued at USD 53.7 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027. The high internet penetration and increasing use of mobile phones among individuals for playing online games from their homes and public places are driving the market.
1. Casinos employ more than 1 million nationwide.
2. Casino gaming equipment employ an additional 363,000 people.
3. In the last 22 years, the casino workforce has increased more than 67%.
4. Casino employees earn $13.2 billion in wages each year.
5. Casino employees lowers local community assistance programs and needs while increasing the sales of homes, cars, and appliances.
6. More than 85% of the nations gaming employees are satisfied with their job.
7. 83% of surveyed industry employees would recommend the gaming industry for employment.
8. Nearly half of employees plan on working the gaming industry for another 10 years.
9. Casino employees account for 20.6 of minority employment in the national US workforce.
10. $38 billion was paid in local, state and federal taxes by U.S. casinos in gambling fees, property taxes, income taxes and more.
The Online Gambling Industry
The below video outlines a discussion on the growth potential that online gambling has seen. This may soon required that companies obliged by certain standards and responsibilities within the overall gaming industry.
Gambling and Vegas
The gambling industry is the biggest when it comes to Las Vegas. The following statistics outline gambling facts and statistics when it comes to this Sin City.
1. 87% of the people who visit Las Vegas gamble.
2. The average gambling budget was $580.90.
3. The average gambler spend 4 hours per day gambling.
4. 68% of people who gambled played the slot machines.
5. Almost 30 million travelers visit Las Vegas.
6. The largest percentage of travelers to Vegas were 65 and up.
7. 35% of visitors earned a high school diploma. 26% graduated from college.
8. Las Vegas has over 100,000 hotel rooms while New York City has over 60,000.
9. Several decades ago only 2 states had legal gambling and 48 states outlawed it. As of today, 48 states have some form of legal gambling and only Hawaii and Utah do not.
10. Gambling generates more revenue then movies, sports, theme parks, cruise ships, and recorded music combined.
11. Las Vegas was considered the fastest growing city in the United States.
12. Gambling interests have contributed $4.5 million to political parties and candidates since 1991.
13. The California State Employee’s Retirement fund, US Steel’s pension fund, and Harvard University’s endowment have all owned stock in gambling companies.
14. The fastest growing industry in the world is Indian gambling with over 150 Indian casinos in the United States.
15. Indian gambling is a $27 billion a year business in the United States.
2015 Estimated Gaming Industry Outlook
It is expected that the gaming industry will see a 5% rise in annual growth in the next three years growing to be valued at over $70 billion. Nevada is considered to be the gaming capital in America accounting for one fifth of the overall entire market and industry.
Related Posts:
Although millions of people visit Brandon's blog each month, his path to success was not easy. Go here to read his incredible story, 'From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors.' If you want to send Brandon a quick message, then visit his contact page here.
2018 is seeing a shift in the demographics of online gamblers. A wider variety of people are beginning to turn to online casinos for their entertainment needs. As a result, the industry is changing every day.
For the past two years, the online gambling industry has been growing and maturing. By the fall of 2016, 33% of the world’s gamblers were turning to online casinos for a variety of reasons. This pastime has become particularly popular throughout the UK. As of February 2018, over 73% of the population of the UK had participated in online gambling over the course of the previous 12 months.
The more the online gambling industry changes the more its demographics change. Factors that must be taken into account when it comes to changes in demographics include gender and age, as well as one’s capacity to earn money. While in the past, video game driven casino games mainly attracted male players that is changing in today’s world. Over half of all the online casino game players are now women, something that was never true in the past. As a result, women have come to dominate the online gambling industry.
In general, more females than males are joining new online casinos for their scratch card and bingo games. This may be partly because men and women approach online gambling differently. Women are more often seen as casual gamblers, while men are generally seen as more serious gamblers. It has been proven that women place smaller bets on their favorite online casino games, but play them longer than men do. On average, female gamblers play approximately 71 days per year. While men play online casino games more frequently than women do, their yearly average is 115 days. It has been found that men are more likely to chase jackpot wins than women.
The ages of online gamblers has increased for the past eight years. In today’s world, the most frequent online gamblers that spend the most money on games are generally between the ages of 55 and 64. In the UK, most wealthy residents fall within this age range and are close to retiring.
Two other age groups that give these players a run for their money are those between 35 and 44 and those between 45 and 54. In most cases, gamblers in these age groups have more money to play with than the younger generations.
Online Casino Demographics Maryland
When it comes to gambling on a mobile device, most players that do so are between the ages of 25 and 54, a trend that is expected to continue growing throughout the coming years.
Online Casino Player Demographics
Two age groups that are the least likely to engage in online gambling include those between 16 and 24 and those who are 75 or older. In general, 2018 has been the year of players older than 16 to 24. Despite being able to legally gamble at age 18, most youths aren’t taking to the Internet to do so.
Online Casino Demographics Online
These are the latest gambling statistics for 2018.