Online gambling turnover increased 165.7% year-on-year to $75.4 million. This accounts for 31% of Australia’s total gambling turnover. Online turnover per capita was $397.5.
The Queensland Treasury published data split by territories. The online data falls under the Northern Territory. That is where the majority of online operators are licensed.
The data excludes online racing, sports betting, keno, and lotteries.
In the 12 months leading up to June 30 of the previous year, researchers reported growth across all channels and verticals. Across all verticals, the total amount increased 18.2% during the period. At $1,555, the gambling spend per capita across all states was 11.5% higher year-on-year.
So far, gaming machines remain the most popular with Australian players. It draws $191.2 billion in turnover, up 20.9% year-on-year. In the report, turnover refers to the total handle across each vertical.
Nonetheless, land-based casino saw the biggest increase in activity with a 22.6% uptick to $20.0 billion. Somewhere else, keno turnover was up 18.7% to $1.8 billion and minor gaming turnover such as raffles, lucky envelopes fundraising events, was up to 19.9% to $141.9 million.
Lotteries was the only area of the market to see a decline. Its turnover slipped 1.1% to $7.6 million.
They show this as gambling expenditure, indicating how much operators made.The report classes this as gross profit.
This amounted to $32.0 billion for the financial year of 2022-23. It is a rise of 13.8%. With the $15.8 billion being 22.8A% more than 2023, gaming machines generated the most profit.
Online gaming profit climbed the highest at 146.3%% to $44.4 million. Meanwhile, casino was up 27.6% to $3.6 billion, keno 14.7% to $473.2 million and minor gaming 19.9% to $61.0 million.
For 2024, the drop in lotteries spending meant gross profit in this area fell 1.1% to $3.1 billion.