Online Gambling Habits: The U.S. vs. Finland

Author: Live Casino Direct
 
Online Gambling Habits: The U.S. vs. Finland
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Online gambling is the future of gaming. The market is valued at $46 billion and is projected to reach $94 billion by 2024. Online gambling in Finland has seen a 10% year-on-year rise.

64% of American adults gamble at least once a year, but 74% in Finland. In both countries, higher percentages of men gamble than women. For gambling addiction, 1.1% Finnish people were identified as problem gamblers, whereas in America it was 1,6%. In Finland, gambling is legal at the national level, while in the U.S. it's decentralized.

In 2020, 16.4% of Finland’s online gambling revenue, equivalent to €105 million in taxable revenue was spent by Finns on international sites. In the U.S., offshore gambling is a serious crime.

Both Finland and the United States are heavily invested in sports betting. In Finland, the game with the highest activity is the lottery. Lotteries are played by 57% of Finnish population. Slots are very popular in both countries.