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GLOBAL GAMBLING GROWTH PREDICTED
02/09/2012 : GLOBAL GAMBLING GROWTH PREDICTED
Isle of Man consultancy releases new figures
Overall world gambling revenues climbed to a record $419 billion last year, led by growth in Asia, according to the Isle of Man-based Global Betting & Gaming Consultants, which released its latest study this week.
Revenue rose 5.6 percent from $397 billion in 2010 and is forecast to reach $448 billion this year, with the strongest growth recorded in Macau, Singapore and Cambodia, as emerging markets proved more resilient to the global economic crisis than developed countries.
“A strong recovery in the U.S. would help gaming revenues that have been hit hard in recent years,” GBGC exec Lorian Pilling said. “North America will continue to recover. We’re fairly cautious on Europe; growth is seen at 3.5 percent across all gambling categories because of the uncertainty in the euro zone.”
Global gambling revenue will reach $500 billion by 2014 as several casinos in Asia are due to open in the coming years and Singapore’s integrated resorts are still only in their second full year of operations, Pilling said.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
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Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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