11 Countries With Highest Gambling Losses in the World

4. Italy

Losses – $23.9 billion

Just a little bit more unlucky than the Brits are the Italians who managed to lose some $23.9 billion while gambling. Of course, when we think about gambling at its origin it’s impossible not to consider Italy since it was during the Roman Empire that a predecessor of backgammon was the main pastime activity for legionnaires who bet their wages away. Gambling in Italy nowadays, however, it a bit more difficult. According to local law, games of luck such as betting on sports, lotteries and so on are ok. Card games of skill were legalized a few years back, including the very popular Texas Hold’em.