iGaming per capita expenditure is expected to rise by 0.9% among New Zealanders in 2024, according to a report by MercoPress, a leading research firm specializing in the iGaming industry. This increase comes as no surprise as the popularity of online gambling continues to grow in the country.
The report highlights the steady growth in per capita expenditure on iGaming over the past few years, with New Zealanders spending an average of $243 per person on online gambling in 2023. This number is expected to rise to $245 in 2024, representing a 0.9% increase.
The rise in per capita expenditure can be attributed to several factors, including the increasing accessibility and convenience of online gambling platforms, as well as the growing acceptance of iGaming as a form of entertainment. In addition, the report notes that the rise in disposable income among Kiwis has also contributed to the increase in spending on online gambling.
While the report predicts a slight increase in per capita expenditure on iGaming in 2024, it also warns of potential challenges facing the industry. These include regulatory changes and increased scrutiny from government authorities, as well as growing concerns about problem gambling and addiction.
Despite these challenges, the iGaming industry in New Zealand remains strong, with a diverse range of online gambling options available to players. From online casinos and sports betting sites to virtual reality games and live dealer games, there is no shortage of options for Kiwis looking to enjoy some online entertainment.
Overall, the rise in per capita expenditure on iGaming in New Zealand is a reflection of the growing popularity of online gambling in the country. As technology continues to advance and new innovations emerge, it is likely that the industry will continue to thrive, providing players with more opportunities to enjoy their favorite games and experiences online.
