Aussies bet big

I don’t think this qualifies as breaking news, but Australians really like gambling. Well, it’s news in the Courier Mail:

AUSTRALIANS love to punt, to the tune of $18.8 billion in the past year, an increase of 7.5 per cent.

Spending on gambling has grown at a faster pace than total household spending for the past two years.

According to unpublished data from the Bureau of Statistics, the average Australian spends about $17.50 a week on gambling or 3.4 per cent of total spending.

Spending by the average Aussie on non-racing activities such as poker machines, lotteries and casinos has risen by 7 per cent a year over the past decade.

By comparison, spending on racing has been relatively constant for the past decade at about $2 a week.

Having a flutter: Weekly spending

Gambling $17.50

Mobile phones, internet$14.60

TVs, MP3s, DVDs etc$11.60

Gym, sporting events $8.20

Papers, books, magazines $7.50

Cultural activities$5.70

Pets$1.90

Cinema$1.90
Love of a bet grows deeper | The Courier-Mail

Keep in mind, those last figures are ouf of a total average expenditure of $516, and that the numbers are Australian dollars.

Still, it puts it all in perspective, doesn’t it? Gambling first, the printed word fifth.

Let’s hope that having a history of gambling available pulls those numbers a little closer.

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