How much does the slot industry bring to the Australian economy
1. Volume of players and losses
In the 2022-23 financial year, all gambling in Australia generated about AUD 244. 3 billion bets, including AUD 191. 1 billion in pokies, AUD 20 billion in casinos, AUD 7. 8 billion - in lotteries, AUD 23. 3 billion - sports bets.
Player losses across all forms of gambling were AUD 31. 5 billion a year, of which about AUD 12 billion - for pokies; per adult, approximately AUD 1,527.
2. The economic value of the slot machine industry
In the periods 2016-17, the slot segment contributed AUD 8. 32 billion in value added to the economy, generated about 24,150 jobs (FTE) and brought AUD 5. 5 billion taxes.
These indicators reflect direct economic contribution, without taking into account indirect influence, social impact or costs.
3. The role of the casino sector in GDP and employment
In the period 2023-24, the land-based casino sector provided AUD 2. 491 billion value added (IVA) and paid AUD 1. 780 billion wages, which emphasizes the importance of industry in creating jobs and income.
The sector as a whole is one of the drivers of the economy, supporting related industries and stimulating tourism.
4. Taxes and fees from gambling
Various states collect over AUD 9 billion in gambling taxes annually, including over AUD 5. 3 billion from pokies.
These funds are used to finance social services, health care, infrastructure and control over the harmful effects of gambling.
Result
The slot industry is a key element of the Australian economy: it generates billions of dollars in rates, creates thousands of jobs, generates significant tax revenues, and significantly enhances the country's GDP. In addition to direct benefits, the industry supports related industries, including tourism, hospitality and technology, making it a critical sector of the national economy.
In the 2022-23 financial year, all gambling in Australia generated about AUD 244. 3 billion bets, including AUD 191. 1 billion in pokies, AUD 20 billion in casinos, AUD 7. 8 billion - in lotteries, AUD 23. 3 billion - sports bets.
Player losses across all forms of gambling were AUD 31. 5 billion a year, of which about AUD 12 billion - for pokies; per adult, approximately AUD 1,527.
2. The economic value of the slot machine industry
In the periods 2016-17, the slot segment contributed AUD 8. 32 billion in value added to the economy, generated about 24,150 jobs (FTE) and brought AUD 5. 5 billion taxes.
These indicators reflect direct economic contribution, without taking into account indirect influence, social impact or costs.
3. The role of the casino sector in GDP and employment
In the period 2023-24, the land-based casino sector provided AUD 2. 491 billion value added (IVA) and paid AUD 1. 780 billion wages, which emphasizes the importance of industry in creating jobs and income.
The sector as a whole is one of the drivers of the economy, supporting related industries and stimulating tourism.
4. Taxes and fees from gambling
Various states collect over AUD 9 billion in gambling taxes annually, including over AUD 5. 3 billion from pokies.
These funds are used to finance social services, health care, infrastructure and control over the harmful effects of gambling.
Result
The slot industry is a key element of the Australian economy: it generates billions of dollars in rates, creates thousands of jobs, generates significant tax revenues, and significantly enhances the country's GDP. In addition to direct benefits, the industry supports related industries, including tourism, hospitality and technology, making it a critical sector of the national economy.
