Contrary To Popular Belief, Israelis Are Actually A Gambling People

A survey conducted by Credit Information Association, reports in the Israeli business publication Globes that Israelis spend NIS 10 billion a year on gambling.
In per capita expenditure with regard to legal gambling activities, Israeli gamblers have already overtaken their European and US counterparts.
On average, Europeans spend $135 a year and Americans spend on average $250. Israelis however, spend an average of $440 a year.
The NIS 10 billion spent on gambling may be broken up with NIS 3.5 billion being spent on the regular lottery draw and tickets for Toto sports betting. An additional NIS 1.5 billion is also a portion of legal bets that are placed through the Internet and by means of cellular networks. In addition to the above it is estimated that Israelis spend an additional NIS 5 billion a year in Israel and overseas, on illegal gambling activities.
The typical legitimate Israeli gambler lives in the city and is 40-60 years old. He has an average income and regularly buys lotto lottery tickets, TDB Hish Gad (scratch card) lottery cards, Toto sports betting tickets, and Chance lottery draw tickets. Thirty percent of those regularly buying Lotto, Toto and Hish Gad tickets are players aged 16-35.

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