Experts predict rise in global gambling revenue

Written on June 25, 2006 by a2zMacau

June 26, 2006 | The StarLedger | Global revenue from gambling is expected to climb 8.8 percent an nually from $82.2 billion in 2005 to $125 billion by 2010, according to a new estimate by consultant PricewaterhouseCoopers.

Fueled by new casinos in the Chinese gambling enclave of Macau, the Asia-Pacific region will grow the fastest at 14 percent an nually, surpassing revenue from the region encompassing Europe, the Middle East and Africa when it hits $23 billion by 2010, the firm said.

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