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That’s astounding. For comparison, gambling is 0.2% of GDP in the US (60.4 billion [1] / 25.46 trillion [2]). And I thought we had a gambling problem here. [1]

That’s astounding. For comparison, gambling is 0.2% of GDP in the US (60.4 billion [1] / 25.46 trillion [2]). And I thought we had a gambling problem here. [1] https://www.statista.com/statistics/1332999/gross-gaming-revenue-us/ https://www.statista.com/statistics/1332999/gross-gaming-rev... [2] https://www.statista.com/topics/772/gdp/#topicOverview https://www.statista.com/topics/772/gdp/#topicOverview

makeitdouble 3y ago
Funny thing is, officially pachinko is not gambling, people just happen to exchange the gained goods for money at unmarked counters afterwards, wink wink nudge style. I'd argue micropayment games should also fall into that grey area, same as the trading cards markets. Of course many players (pachinko included) don't see it as gambling and more as a very expensive hobby, in that they effectively expect no return on the money.
kmeisthax 3y ago
Australia has everyone else beat with something like 80% of the adult population gambling[0]. [0] http://news.bbc.co.uk/2/hi/asia-pacific/6313083.stm http://news.bbc.co.uk/2/hi/asia-pacific/6313083.stm
peoplefromibiza 3y ago
that's only the legal side of it US players gamble $511bn per year with unlicensed operators, report finds https://igamingbusiness.com/legal-compliance/us-players-gamble-511bn-per-year-with-unlicensed-operators-report-finds/ https://igamingbusiness.com/legal-compliance/us-players-gamb... there's also this How widespread is gambling in the U.S.? Approximately 85% of U.S. adults have gambled at least once in their lives; 60% in the past year BTW pachinko is officially not gambling, it shouldn't be compared with the money spent in Casinos. It is more like a lottery where the price is tokens, not money. Most play it as a hobby, just like many people spend a ton of money fishing without ever catching anything.

makeitdouble 3y ago

Funny thing is, officially pachinko is not gambling, people just happen to exchange the gained goods for money at unmarked counters afterwards, wink wink nudge style. I'd argue micropayment games should also fall into that grey area, same as the trading cards markets. Of course many players (pachinko included) don't see it as gambling and more as a very expensive hobby, in that they effectively expect no return on the money.

kmeisthax 3y ago

Australia has everyone else beat with something like 80% of the adult population gambling[0]. [0] http://news.bbc.co.uk/2/hi/asia-pacific/6313083.stm http://news.bbc.co.uk/2/hi/asia-pacific/6313083.stm

peoplefromibiza 3y ago

that's only the legal side of it US players gamble $511bn per year with unlicensed operators, report finds https://igamingbusiness.com/legal-compliance/us-players-gamble-511bn-per-year-with-unlicensed-operators-report-finds/ https://igamingbusiness.com/legal-compliance/us-players-gamb... there's also this How widespread is gambling in the U.S.? Approximately 85% of U.S. adults have gambled at least once in their lives; 60% in the past year BTW pachinko is officially not gambling, it shouldn't be compared with the money spent in Casinos. It is more like a lottery where the price is tokens, not money. Most play it as a hobby, just like many people spend a ton of money fishing without ever catching anything.