Aussies 'are less willing to gamble with their cash'

Tuesday 21 August 2012

Article by Mozo

With many people's budgets being stretched to the limit, it is perhaps unsurprising to learn that Aussies are less willing to gamble with their money than they were a decade ago.

A new study conducted by Roy Morgan Research has discovered that 62 per cent of the population placed a bet of some sort in the past 12 months, which is way down on figures from 2002, when 76 per cent of the country had a flutter.

Just 53 per cent of Aussies purchased a lottery ticket in the past year, compared with 67 per cent in 2002.

Poker machines have taken the biggest hit, as the report suggested that fewer Aussies are visiting bars and clubs – therefore have less exposure to the games.

It is clear that the high cost of living down under has forced a lot of people to cut down on any unnecessary expenditure.

That said, the Roy Morgan study also showed that more Aussies are using their credit cards to place bets online. Indeed, three per cent of the nation has used an internet gambling site in the last 12 months.

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Aussies 'are less willing to gamble with their cash'

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