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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
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US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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