Report Suggest New Surge in Global Gambling

Filed in archive Gambling General on June 22, 2006

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