West – Italians are the second in the world for money lost in gambling in relation to the per capita income: $400 each per year. Preceded only by the Australians with $795. Who, it must be said, on average earn far more than Italians. This is the result of analysis from the President of the Association “Centro Sociale Papa Giovanni XXIII” and explained in a video. Starting from the amount bet by Italian citizens in 2013 (€84.7 billion) and subtracting what returned into their pockets in the form of winnings (€67.6 billion), it has been found the total loss: €17.1 billion ($23 billion). A figure that ranks Italy fourth in the global classification, first in Europe and among the only countries of the world that spend, and lose, more than $10 billion a year in gambling. First position, in this case, for the United States with $119 billion. Followed by China ($76 billion) and Japan ($31 billion).
Our Most Recent Gambling Headlines:
2026-09-11
Shares of Bally’s stock plunged more than 26% following disclosures in the company second quarter financial filings that raised substantial doubt about its ability to maintain debt covenants over the...
2026-09-10
Atlantic City could lose more than 8,100 casino jobs and nearly $1.3 billion in annual revenue over the next decade due to rising regional competition, according to a recent economic...
2026-09-09
Caesars Entertainment has scheduled a special shareholder meeting for September 22 to vote on the Caesars takeover proposal submitted by Fertitta Gaming Holdco. The upcoming vote marks a pivotal moment...
2026-09-08
Big moves are shaking up Sin City from Fremont Street to the south end of the Strip. We have huge Vegas updates, including another new resort that's being planned (and...
2026-09-01
The rumors are swirling! Will the new Las Vegas baseball stadium actually be completed? Are the owners in financial trouble? And was Tropicana imploded for nothing? That's what we're about...
2026-08-25
Sphere Las Vegas turns three in September, and they've already established themselves as a major concert venue. The Eagles just extended their residency again, this time into early next year,...














