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Nations With the Largest Gambling Losses

Mention gambling and glitzy images of Las Vegas come to mind. But you'll be surprised to know Americans are not the world's biggest gamblers. In fact, the world’s biggest gambling nations include plenty of unlikely candidates.

The rankings are based on data from H2 Gambling Capital, a consultancy based in London. They take into account average gaming losses (the amount bet and never recovered) in a year divided by the adult population in over 200 countries. The numbers include money lost on all types of betting including horse racing, poker machines, lotteries and casinos during 2010.

Read on to find out the countries with the biggest losers and the boldest gamblers.

By Geraldine Tan
(Posted: July 5, 2011)

Photo: Adam Gault | Photographer's Choice RF | Getty Images