Global gambling revenues seen rising to $125 billion by 2010

Written on June 21, 2006 by admin

June 20, 2006 | AM NewYork | Global revenue from gambling is expected to climb 8.8 percent annually from $82.2 billion in 2005 to $125 billion by 2010, according to a new estimate by consultant PricewaterhouseCoopers LLP.

Fueled by new casinos in the Chinese gambling enclave of , the Asia-Pacific region will grow the fastest at 14 percent annually, 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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