Australia loves to gamble, although many types of gambling activities are illegal in the country, Australia ranks 4th in the world in terms of the amount of money spent on gambling. Their total amount increased from $23.7 billion in 2016-2017 to $24.9 billion in 2017-2018.
More than 80% of Australians over the age of 18 are involved in land-based or online gambling, of which 32% are casino games. Each player spends about $1,300 a month in a casino, which is driving demand in the casino market. Thus, gambling meaning occupies a fairly large place on the casino market, bringing investors a good profit in connection with this huge interest. Each state has its regulation.
Australia is such a country that it supports several types of laws at once on the territory of different states. Therefore, to find out whether it is possible to legally play in an online casino in the state, you must first familiarize yourself with its laws individually. For example, the most gambling state in Australia is Victoria. Its profit is about 13% of all Australian states. On its territory, players feel more liberated in their laws, which allows them to play different types of gambling.
By the way, if we talk about the gambling games that are most widespread in the territory, we should talk about slot machines, poker, blackjack, and roulette. It is these types of gambling entertainment that are the most popular and demanded. Free online slot machines, best online pokies, card, and table games are represented by the best game manufacturers in the gambling industry. We will talk about their role in the online casino market in a special section later in the article.
Gambling activity in Australia 2021
Online Gambling Market Australia
Australian players prefer the most common and well-known types of online casinos and free online pokies games (here’s an example of such a site with the best online pokies Australian reviews pokieslab.com). It’s not a secret for anyone that it is Australia that has been the leading strange in the field of gambling for several years now.
The growing demand for Australian games such as casinos, free online pokies, slot machines and more is evidenced by Q2 statistics, research and reviews. The factors of such popularity of gambling are technological progress, affordability, simplicity, and easy money.
1. Firstly, with the advent of mobile devices, mobile games began to appear, and over time, mobile gambling began to appear. Players can also play on mobile devices by visiting their favourite online casino website, and they do not need a bulky computer. Moreover, cryptocurrency is actively used in online casinos. Special games are available on sites that accept cryptocurrency as a payment for deposits or withdrawal methods.
2. Secondly, gambling is available. Despite strict legislation and online gambling controls, players continue to find loopholes and gamble online. Moreover, gambling is easy. All rules are described on the online casino sites. It takes a little time to master online games. However, the casino also has a downside. Some gamblers suffer from gambling addiction and the state and specifically, casinos are trying to solve this problem. These bodies are taking many actions and creating many programs to provide responsible gambling in Australia.
Some casinos create special deposit limits so that players cannot spend more than a certain amount per day. However, despite this, there is still a large percentage of gambling and free pokies games addicts in Australia. But with great potential in the development of the stock market, casinos can hope for the great support from the state to create and control programs that will help players fight gambling addiction.
What casino stocks are great to buy today on Australian gambling market in 2021
Situation on Australian Stock Market Today
What does gambling mean to the Australian market? The Australian gambling stock market is a promising investment destination. This is due to several factors and several advantages. First, the players have a lot of income. Most customers earn a lot and can afford to spend over a thousand dollars on online pokies real money, slots entertainment.
Secondly, a large number of Australians play in casinos, online pokies for fun. Despite the population being smaller than, for example, in Finland, the percentage of profit from casinos is much higher in Australia. Australian statistics gaming in a nutshell. The profit from the online gambling market in Australia is significantly higher than from the online casino market in Finland.
Therefore, it is worth paying attention to the Australian market due to the density of the population that plays in the real money online pokies, slots and casinos. Third, gamblers hope that they can make quick money by gambling. To do this, you need to make a small deposit, but the winnings can be received within the first few minutes of the game.
Therefore, players actively gamble and this segment of the gambling Australia market is one of the most profitable. It brings the Australian government over $6 billion a year. There are many options for online gambling and entertainment for the residents of this country.
Best Casino Providers: Leaders on Australian Stock Exchange
In Australia and around the world, the same work is dominated by the best providers of Australian gaming content. They are distinguished by high-quality picture images, excellent sound content, and, most importantly, interesting and generous gameplay.
Most of the Australian market-leading providers specialize in creating slot machines. However, among them are the creators of poker rooms and even their casinos, which bring huge profits to both the company and the state.
Each company earns over several million a year in net profit. Some companies make nearly $1 billion in one year because Australian stock prices are different. Next, we will tell you about the main indicators of gambling companies in the Australian stock market.
1. GAN Limited
Fact: It is a renowned casino manufacturing and bookmaker company in the UK and beyond. Since 2002, the company has securely established a reputation as a reliable supplier and regulator of gaming opportunities on the Australian stock exchange market.
CEO: Dermot S Smurfit has been the CEO of the company since May 2020
Income: The company’s profit was $27.84 million in March 2021
Headquarters: The company is headquartered in the United Kingdom
Foundation date: The company was founded in 2002
Market Cap: This figure is $636.43 million in the gambling AUS stocks market
Net income: The company lost more than $4.46 million in March 2021
Best games: The company specializes in the creation and regulation of casinos and bookmakers that are available not only in Australia but throughout the world
AU Stock price: $15.15 is the stock price of the company
Fact: It is one of the most famous and profitable companies in the production of slot machines, card, and table games on the Australian sharemarket. Since 1996, the company has produced many quality products that have won many fans in Australia and beyond.
CEO: Teresa Hillman has been the CEO of the company since 2018
Income: The company has a profit of $1.6 billion for 2020
Headquarters: The headquarters is located in Sweden
Foundation date: The company was founded in 1996
Market Cap: This indicator is $1.635B
Net income: The company made a net profit for 2020 of $1.6 b
Best games: The company’s best games are Starburs, slot Gonzo’s Quest, Narcos, Dead or Alive II, Jack Hammer 2, Jack and the Beanstalk free online real money slots
AU Stock price: $13.32 is the company’s stock price
3. Stars Group
Fact: It is the creator of one of the largest poker room providers in many casinos. This company owns Poker Stars, which runs poker games and tournaments. This aspect brings the company annually more than a billion in net profit.
CEO: Rafael Ashkenazi has been serving as the company’s CEO since 2016
Income: Profit for 2020 was $2 b
Headquarters: Headquarters are located in Toronto, Ontario, Canada
Foundation date: The company was founded in 2001
Market Cap: $456.261M is the company’s market cap
Net income: The company’s net profit is $0.1 b
Best games: Poker Stars is the main creation of the company. Most of the poker sites use this platform.
AU Stock price: $11.37 is the stock price of the company
Fact: It is one of the largest online casino creators. Around the world, including Australia, the company offers its services on several casino sites. On these sites, players can find slot machines, card and table games, lotteries, and much more.
CEO: Gustav Hagman has been the CEO of the company since 2011
Income: The company’s profit for 2020 is €327.8M
Headquarters: Stockholm, Malta is the location of the company’s headquarters
Foundation date: The company was founded in 2011
Market Cap: €3.89 billion is an indicator of market capitalization
Net income: The company’s net income is €2.16 mln in March 2021
Best games:The company has several casino sites that it maintains. They are considered one of the best casinos not only in Australia but around the world
AU Stock price: €38.30 is the stock price of the company
5. The Kindred Group
Fact: It is the creator of many casinos that have carved out their niche in the internet gambling industry. Moreover, on these sites players can find a range of interesting games – from slot machines to games with live dealers. All games are presented by the best providers.
CEO: Henrik Tjernström has been the CEO of the company since 2010
Income: The company’s profit amounted to SEK 352.6 million in March 2021
Headquarters: Malta is the location of the company’s headquarters
Foundation date: 1997 is the year the company was founded
Market Cap: SEK 34.62 billion is the market cap
Net income: SEK 72.6 million is the company’s net profit
Best games: The company has a number of casinos that are profitable thanks to residents of Australia and other countries
AU Stock price: SEK 150.00 is the stock price of the company
6. Aristocrat Leisure Ltd
Fact: is an authentic Australian product. The company produces several slot machines that are popular even from land-based casinos. They have their counterparts on the Internet, which helps land-based casino lovers move to online casinos.
Thus, the company provides a good selection of gaming entertainment on online casino sites. Therefore, it is not at all surprising why the provider is in such demand, because it rightly entered the TOP-30 companies influencing the Australian economy.
CEO: Trevor J. Croker has been the company’s CEO since 2017
Income: A$1,162.5 million is the company’s 2020 profit
Headquarters: Sydney, Australia is the location of the company’s headquarters
Foundation date: The company was founded in 1953
Market Cap: A$26.89 billion is the company’s market cap
Net income: A$698.8 million is the company’s 2020 net income
Best games: 50 Dragons free pokies, Big Ben, Buffalo, Lucky 88 online real money pokies, Miss Kitty, Queen of the Nile free pokies game, Tiki Torch are the company’s successful projects
AU Stock price: A$42.11 is the stock price of the company
7. International Game Technology
Fact: is one of the most famous companies in the world and Australia too. The company produces high-quality slot machines that have won many online casino players. Moreover, this company has a profit of 1 billion in 2020, which is a high indicator of success in the market.
CEO: Marco Sala has been the CEO of the company since 2003
Income: $1.02 billion is the company’s 2020 profits
Headquarters: London, United Kingdom is the location of the company’s headquarters
Foundation date: 1990 is the year the company was founded
Market Cap: $4.71 billion is the company’s market cap
Net income: $92 million is the company’s 2020 net income
Best games: Golden Goddess, Cleopatra, Siberian Storm, Pixies of the Forest are the most successful pokies online australia of the company
AU Stock price: $22.98 is the stock price of the company
Fact: is an excellent manufacturer of comic-themed slot machines. Many heroes have been embodied in the slot machines of this company. Moreover, this fact brought them a large profit for 2020 of 1 billion euros.
CEO: Mor Weiser has been the CEO of the company since 2007
Income: €1,078.5 million is the company’s 2020 profit
Headquarters: Douglas, Isle of Man is the headquarters of the company
Foundation date: The company was founded in 1999
Market Cap: €1.26 billion is the market cap
Net income: €297.4 million is the company’s net profit in 2020
Best games: Green Lantern, Archer, King of Olympus, Prince of the Olympus are the main projects of the company
AU Stock price: 411.60 GBX is the stock price of the company
9. Scientific Games
Fact: It is the creator of many successful series of online casino projects that can bring great profit to the player through the use of progressive jackpots. The company is one of the most profitable on our list with a profit of $3 billion per year.
CEO: Barry Cottle has been the CEO of the company since 2018
Income: US $3.363 billion represents the company’s 2020 earnings
Headquarters: Las Vegas, Nevada is the headquarters of the company
Foundation date: The company was founded in 1974
Market Cap: $96 billion in market cap
Net income: US $352.4 million is the company’s net income
Best games: Quick Hit, Jackpot Party, Casino War are the company’s most successful series of games
AU Stock price: $72.40 is the stock price of the company.
Australian Casino at the General Picture of the Gambling Situation
The online gambling market is one of the most attractive markets in the world due to several factors. Residents of Australia have a good income and spend a lot of time in online casinos. Moreover, they actively use mobile devices and are interested in special applications for mobile casinos.
Considering these factors, we can conclude that investing in this market should be if you are ready for the consequences due to the illegality of the online casino industry in Australia. Starting an activity in the field of the online casino market, you should study in detail all the laws and peculiarities of their work in the states to avoid maximum losses. With its clear advantages, the social casino market in Australia is challenging and risky despite the opportunity to generate huge profits from active and profitable players.
Thus, the casino market will only continue to grow over time and be in demand for players. Perhaps, in the future, there will be a new legislative activity that will be able to legalize the activity of casinos and will already bring legal profit to both the state and casino operators.
The Future of the Casino Stock Market in Australia
Even though online casinos are illegal and not regulated by various types of controls, the Australian online casino market remains one of the most sought-after and lucrative markets in the world. This is because over 6 years the market share has grown 4 times and continues to grow. If in 2019 it reached approximately $1.5 billion, then in 2020 the gambling market brought Australia almost $6 billion.
Considering that this activity is illegal, the state of Australia still has a large income thanks to this. However, not only the state remains the winner, operators and bookmakers also benefit greatly. However, despite such great demand, some states have declared war on gambling casinos.
However, this does not prevent the industry from developing and growing. Nevertheless, considering factors such as the earnings of Australian players and their active interest in online casinos, we can say that the market casino will continue to grow upwards. If only in 2020, thanks to the coronavirus pandemic, illegal online casino sites brought in more than $6 billion.
Accordingly, we can conclude that due to the closure of access to land-based casinos, the online gambling market will continue to flourish and will bring even more profits next year. Especially if you consider several factors that have been listed earlier, such a market will always be a win-win if you are willing to deal with the consequences of illegal activities in the AUS stock market.