Regardless of the industry being discussed, we can always talk about emerging markets. South America has played this role in the gambling world since 2016 after the growth of the Colombian market. Costa Rica, Chile, and the Dominican Republic also have gambling areas, although construction stages are different. But the region still feels far from global dominance.
Colombia reportedly boasted $300 million in gaming revenue in 2021. This is one of the top three contributors to South American gambling along with Mexico, and one of the biggest contributors to South American gambling along with Brazil, based on what will happen in the coming months. Overall, the continent looks like it could grow 18.4% by 2028, but how does it compare to its distant peers in the Southern Hemisphere, namely New Zealand?
Pokie Machines
New Zealand has an amazing amount of money in common with the rest of the world when it comes to gaming, proving that demand for slots and blackjacks (etc) is almost identical worldwide. In 2020, average spending on bets reached a record level of $252 million per quarter. These included casino games, lottery games, and gambling types called "tabs" and "pocky" by antifodian gamblers: betting shops and slots.
According to reports, there were nearly 15,000 pocket machines in New Zealand 10 years ago. In comparison, there are estimated to be about 65,000 cars in Colombia. It makes sense considering the population difference (51m to New Zealand 5m) between these two countries, but still in Colombia, New Zealand has a higher percentage of slot machines per person, around 0.003 to 0.001. 바카라사이트
Using these figures, you can actually see how Kiwi players like to spend their game money. New Zealand's Interior Ministry argued that when all New Zealanders calculated on average, the 2020 figure was the same as all adults spending $572 on bets. To break it down even further, it's $128 in physical casinos, $80 in betting shops, $160 in lottery games, and $204 in slots.
The distinction between slot games and casino games is likely due to Forky being found and played in places other than offline casinos in New Zealand, such as bars. So $128 spent on casinos is likely to represent table game spending. When it comes to lotteries, their popularity has actually increased by 13% during 2020, reinforcing the fact that it is one of New Zealand's favorite hobbies.
A Charitable Grants
The 2022 figures closer to the present suggest that online gambling in New Zealand is now a $332 million industry. All these figures raise an interesting question, especially why New Zealand is an attractive place to gamble. According to the Home Office, about 80 percent of kiwis are involved in some gambling.
One obvious answer to the previous one is tax. The New Zealand Bonus Finder website points out that New Zealand distinguishes between playing professionally and just having fun. Those in the latter category are not taxed at all for their victory "no matter how big." But experts are treated the same as ordinary workers, which means they are responsible for paying income taxes.
Oddly enough, a large amount of game cash each year - about $300 million - is redistributed into the community through charitable grants, a process previously described by the Game Machines Association as "a tremendous advantage for New Zealand." This positive attitude toward gambling and casino games may have made it an almost universal hobby in this country.
