Sportsbetting is a huge market in Australia’s gambling industry. While the increase in sportsbetting spending is beneficial for the economy, there is a chance that local bookmakers may not be able to keep up with international operators that are now entering the market.
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The sportsbetting advertising market has grown significantly recently. In 2012, 3069 sportsbetting ads aired on all types of popular media (excluding social media). Included in this group, there were 528 ads that were placed on free-to-air television and pay TV. As a group, they were played over 20 000 times in total. With gambling advertising becoming more prevalent, its cost has also increased. As such, the value of sportsbetting has quadrupled from 2010 to 2012.
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