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Tax Revenue Gambling Australia

 
Tax Revenue Gambling Australia Average ratng: 3,8/5 8290 reviews

Although gambling is illegal in mainland China, Macau is a gambling haven. 50% of Macau’s revenue is made up from gambling alone. In 2018 the city made almost $38 billion. It is estimated that company tax as a percentage of total tax revenue will fall steadily from a peak of 19.6 per cent in 2019–20 to 18.3 per cent in 2022–23. The company tax projections have factored in an increase in company tax collections due to extending the Australian Taxation Office’s (ATO) Tax Avoidance Taskforce, with most of this. However, in per capita terms Victoria (over $350 per adult) and South Australia ($300 per adult) collect the most gambling revenue (compared with the Australian average of $260 per adult). Total gambling expenditure per head in Australia grew after inflation from $577 in 1986-87 to $1,179 in 2011-12. That meant total gambling losses of $20.5 billion in 2011-12, 84 per cent of it on.

Australia

This edition of Australian Gambling Statistics contains 2017–2018 gambling statistics for all Australian states and territories.

To see how Victoria compares with the rest of Australia on gambling expenditure, see Gambling in Victoria on the Foundation's website.

This comprehensive set of data covers the entire range of legalised Australian gambling products such as pokies, casino, race betting, sports betting and lotteries. It provides a wide range of gambling data, including total turnover, total expenditure, per adult turnover, per adult expenditure, percentage change in turnover and expenditure each year, market share of each gambling product and government revenue collected from gambling taxes.

Notable findings were:

Indiana Gambling Revenue

  • total gambling expenditure in Australia increased from $23.694 billion in 2016–2017 to $24.887 billion in 2017–2018 (a 5.0 per cent increase)
  • per adult gambling expenditure in Australia increased from $1,251.39 to $1,292.25 (a 3.3 per cent increase)
  • total electronic gaming machine expenditure in Australia increased from $12.136 billion to $12.520 billion (a 3.2 per cent increase)
  • total casino expenditure in Australia increased from $4.790 billion to $5.101 billion (a 6.5 per cent increase)
  • total race betting expenditure in Australia increased from $3.313 billion to $3.547 billion (a 7.1 per cent increase)
  • total sports betting expenditure in Australia increased from $1.062 billion to $1.235 billion (a 16.3 per cent increase).

Iowa Gambling Revenue

For more information, see the 35th edition of the Australian Gambling Statistics on the Queensland Government Statistician's Office website.