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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 :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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