Gambling Revenue Estimated to Grow Rapidly
June, 19, 2008
According to PricewaterhouseCoopers' LLP report of last Wednesday the total global gambling revenue will grow at a rate of 6.5% a year and therefore will go beyond the $155 billion mark in 2012. And in this number the online gambling revenues are not even included. The on land gambling market's yearly revenue of 2007 amounted almost $114 billion.
The report stated furthermore that the Asia Pacific region was the most important region as it came to the growth in revenue generating gambling establishments. Nations like China, Singapore and Thailand are rapidly catching up with the ongoing gambling fever.