Ever wondered how gambling tourism boosts other industries in Australia? From this article, you will find out why this is a good thing, economy-wise. You will also learn about options an Aussie player has when it comes to spinning some pokies online or playing VIP blackjack.
Let’s begin by looking at a couple of examples when creating a solid infrastructure that brought immense profits to the respective counties.
Vegas: it’s not always about location
In 2019 alone, 42 million people visited Las Vegas. This is the world’s trademark location for hot and relentless gaming that can make you an overnight millionaire. That’s close to twice the population of Australia, which is pretty impressive. Talk about gambling tourism, right?
But it’s not the location itself that’s essentially alluring to so many visitors. It’s a fact the city bet on developing its gambling component all those years ago. It was only in 1931 that urbanization skyrocketed. New casinos, among other things, were built to provide entertainment for the young and hard-working population flocking in.
Macau: bringing in the ritz
Another example of how casinos can be hugely beneficial is Macau. It was dubbed the gambling capital of the world back in the mid-19th century.
Being the only place in China where it’s legal to gamble, this city has flourished admirably since the beginning of this century. Affluent customers got a chance to touch the shiny dream surrounded by luxury. That experience also included private rooms for exclusive gambling, superb amenities, and many other benefits.
With high rollers pouring in, ordinary folks eager to feel a part of something special did not take long to come.
How Australia measures against other countries
The growth of the gambling industry in Australia in the 1990s contributed to the country’s economic development. This was the time of second-wave casinos that appeared in large urban areas – Melbourne, Brisbane, and Sidney, as opposed to the first casinos that were kept small and less ritzy.
Today the Australian casino industry is proud to be one of the magnets that pull in tourists from around the world. Thankfully, there are quite a few gambling destinations to pick between. They all offer boundless shopping opportunities, entertainment venues, and restaurants for any budget.
Fuelling the budget across the board
Australia has chosen to provide favorable conditions for the gambling business. As a result, gambling hubs bring in millions of tourists every year. The benefits are obvious:
- More tourists mean more recognizability for the area.
- Tourists are likely to wander off to visit nearby sights (and come back for more next time they visit, expanding their scope)
- People that come in to gamble need to go shopping for clothes and essentials, eat, enjoy various forms of entertainment, etc.
Pretty straightforward – but also undeniably impressive, right?
Surprising statistics: who’s a bigger spender?
Casino industry facts and stats are undeniable: there are billions of dollars in play.
Want some fun statistics? A “traditional” tourist visiting Australia spends around half the money inside the country compared to someone arriving to gamble.
The gambling industry’s ability to get visitors flocking to impacted the Australian economy quite significantly and will continue to do so.
Lords of Blackjack: when traveling is not an option
But even though gambling is legal in Australia, not everyone has the time or the budget for it.
The option that many Australian seem to favor is gambling online. For instance, many use online services like Lords of Blackjack. That way, you can get to a secure online casino with generous bonuses. You are saving the time that would be needed to compare and pick the best option. It’s not about just blackjack though – modern online casinos offer a huge assortment of casino games. They also hold the kind of pokie collections no land-based casino would even dream of.
Conclusion
As you can see, the casino industry is overall a beneficial thing for the Australian economy. While experts are unanimous this is a good thing, and they still warn moderation is everything: a country cannot rely on the gambling industry alone. Thankfully, this does not seem to be an issue for Australia.
.jpg){kind=tracking}