Tag Archives: gambling

SINGAPOREANS RANK 2ND IN WORLD IN TERMS OF GAMBLING LOSSES PER ADULT

A recent report published by a British gambling consultancy firm, H2 Gambling Capital, showed that Singapore has the second highest gambling losses per adult resident in the world. The top was Australia. It was calculated that Singaporeans lost an average of S$1,189 per adult in 2013. However, in 2010, the numbers were slightly higher at S$1,451 per adult resident. The losses came from a number of sources with about half coming from losses made at the casino with the rest coming from other gambling outlets such as lotteries, gaming machines, and online gambling. In terms of the total gambling losses recorded in Singapore from both tourists and locals alike, there were S$9.9 billion worth of losses.

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