A new report by Price Waterhouse Coopers is predicting an annual global rise in gambling of 8.8% – from $82 billion in 2005 to $125 billion in 2010
Macau will see the biggest rise of 14%, whilst the US will see a yearly 6.9% raise to almost $75 billion in 2010.
Other estimates included in the report:
- Nevada will see an annual 8.2% rise – increasing its US market share from 21 to 23%
- Tribal casinos market share will increase 1% to a total 43%
- Atlantic City will see a small increase in revenues but a decrease in overall share
Unfortunately, the report somewhat ignores the growth of online gambling, commenting:
While online gambling is experiencing rapid growth, more impor tant is the expansion of legalized casino gambling in some markets
Its interesting that a major report could glance over internet gambling as if it wasn't occurring
Article: Experts predict rise in global gambling revenue
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