How much high rollers spend in Australia
1. Who are high rollers?
These are players systematically making big bets. In Australian casinos, such as Crown, they are defined as those who bring to the table from A $50,000 to A $75,000 to play. (\[turn0search25])
2. Rate limits
High rollers have astronomical limits available - up to A $300,000 per bet in some casinos. This is much higher than in other places (in Las Vegas up to $300,000, in Macau - up to $500,000). (\[turn0search25])
3. Casino revenue and profit share
High rollers make up only a small share of visitors, but can bring in 15-30% of casino revenue, while forming a significantly larger share of net profit, due to limited operating costs. (\[turn0search12])
4. How casinos attract high rollers
Casinos provide VIP services: private planes, limousines, the best rooms - everything to keep players in the VIP segment. Often provided credit, returns (rebates) from bets or losses, personal service. (\[turn0search25])
5. Scale of losses
There are no specific averaged figures for high rollers, but it is clear that individual sessions can reach millions. For example, the famous case in 2005-2006: Harry Kakavas lost about A $1. 47 billion, including A $164 million in one six-hour session. While this concerns card games rather than pokies, the example illustrates the scale of VIP player losses. (\[turn0search8])
6. Concerns and policy impact
High rates lead to significant profits for casinos and, at the same time, contribute to the development of problematic gambling. High rollers support casinos but are loosely regulated, a concern among activists and regulators. (\[turn0search12])
Report
Context regarding pokies
Although the data presented is mainly related to the casino and VIP table, there are few high rollers in the pokies segment - the machines are designed for a mass user with lower bets. However, in a large casino, high limits and VIP services can be indirectly applied to high-value customers playing on slots. This is especially true when the machines are in VIP areas.
It should also be noted that a significant part of the income from pokies is formed not due to high rollers, but due to the mass segment: it is estimated that up to 84% of losses on machines come from players who go beyond the "low risk" (that is, not from VIP players). (\[turn0search3])
If necessary, then you can consider examples from Crown Casino, an eastern macao-style VIP program, data on the frequency of high-roller losses in slots, or comparison with a mass player.
[theguardian. com](https: //www. theguardian. com/australia-news/article/2024/sep/05/grattan-institute-gambling-harm-report-australia-ad-ban? utm_source=chatgpt. com)
These are players systematically making big bets. In Australian casinos, such as Crown, they are defined as those who bring to the table from A $50,000 to A $75,000 to play. (\[turn0search25])
2. Rate limits
High rollers have astronomical limits available - up to A $300,000 per bet in some casinos. This is much higher than in other places (in Las Vegas up to $300,000, in Macau - up to $500,000). (\[turn0search25])
3. Casino revenue and profit share
High rollers make up only a small share of visitors, but can bring in 15-30% of casino revenue, while forming a significantly larger share of net profit, due to limited operating costs. (\[turn0search12])
4. How casinos attract high rollers
Casinos provide VIP services: private planes, limousines, the best rooms - everything to keep players in the VIP segment. Often provided credit, returns (rebates) from bets or losses, personal service. (\[turn0search25])
5. Scale of losses
There are no specific averaged figures for high rollers, but it is clear that individual sessions can reach millions. For example, the famous case in 2005-2006: Harry Kakavas lost about A $1. 47 billion, including A $164 million in one six-hour session. While this concerns card games rather than pokies, the example illustrates the scale of VIP player losses. (\[turn0search8])
6. Concerns and policy impact
High rates lead to significant profits for casinos and, at the same time, contribute to the development of problematic gambling. High rollers support casinos but are loosely regulated, a concern among activists and regulators. (\[turn0search12])
Report
Parameter | Value |
---|---|
Entry threshold | A $50,000-75,000 per table (Crown Casino) |
Bid limits | Up to A $300,000 per bid |
Share of casino revenue | 15-30% of revenue, but the share of net profit is much higher |
Special Privileges | Flights, Limousines, Luxury Accommodation, Credit, Rate Refund |
Examples of extreme losses | A $164 million in 6 hours (card games), billions in total losses |
Context regarding pokies
Although the data presented is mainly related to the casino and VIP table, there are few high rollers in the pokies segment - the machines are designed for a mass user with lower bets. However, in a large casino, high limits and VIP services can be indirectly applied to high-value customers playing on slots. This is especially true when the machines are in VIP areas.
It should also be noted that a significant part of the income from pokies is formed not due to high rollers, but due to the mass segment: it is estimated that up to 84% of losses on machines come from players who go beyond the "low risk" (that is, not from VIP players). (\[turn0search3])
If necessary, then you can consider examples from Crown Casino, an eastern macao-style VIP program, data on the frequency of high-roller losses in slots, or comparison with a mass player.
[theguardian. com](https: //www. theguardian. com/australia-news/article/2024/sep/05/grattan-institute-gambling-harm-report-australia-ad-ban? utm_source=chatgpt. com)