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ASIA GAMBLING SET TO OVERTAKE U.S. NUMBERS

Macau casino revenues have already overtaken those in Las Vegas, assisted by major American investment in the island, and according to a recent study by the American Gaming Association, Asia could overtake the US by 2012.
 
The AGA survey canvassed opinions from 23 well-informed gambling industry executives, analysts and academics, with most of the respondents opining that Asia's gaming industry revenues could surpass that of the U.S. by 2012. Over 80 percent of respondents said Asia's dominance was "very likely" or at the least, "likely."
 
Frank Fahrenkopf, the president of the Association told the the Global Gaming Expo in Macau this week: "The results... foretell a remarkable future for the Asian gaming market. There is no doubt this is an exciting time in Asia for the gaming industry."
 
The study revealed that successful resorts in Singapore, Macau and other Asian countries are driving growth. Of 23 industry executives, analysts and academics polled,
 
American casinos earned $34.1 billion in 2007, according to the AGA. Asia's revenue was estimated at between $15 billion and $20 billion, Fahrenkopf said.
 
Unsurprisingly, most of the respondents felt that Macau would remain Asia's market leader despite recent government moves to curtail further licencing. The southern Chinese island gambling centre reported that revenues grew at an annualised rate of 41 percent from 2005 and 2007. Last year, Macau casinos took in $10.3 billion, according to SAR government numbers, overtaking the Las Vegas Strip as the world's top gambling mecca



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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