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Singapore Leads List of Top Online Gambling Spenders

Written by:
C Costigan
Published on:
Aug/03/2011
Singapore Online Gambling Spenders

Who are the biggest online gambling spenders in terms of nationalities?  Singapore leads the list.
Singapore is placed at the top of a list of six countries' average spending per person on gaming in general, according to Money Online Global (MOL), which operates MOLPoints, a virtual currency that can be used to purchase game credits for social gaming.

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Zynga Poker, the world’s largest free online poker website, helps to contribute to these figures. 

From AsiaOne.com:

MOL’s president for global operations, Mr Craig White, said that, in Singapore, most buyers of its stored-value game cards - which can be cashed in for credits that are then used to buy in-game items - are young men between ages 13 and 25.

It added that several hundred Singaporeans spend over $1,000 regularly to purchase items such as in-game power ups and energy points.

One gamer, for instance, spent $8,800 on gaming purchases over a six-week period from June to the end of last month. MOL said that, on average, Singaporean gamers spent "about $15 to $20 a month" on gaming.

The other countries on the list were India, Indonesia, Malaysia, Thailand and the Philippines. MOL declined to comment on the rankings of the other countries in the list.

- Aaron Goldstein, Gambling911com

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