80% Of Casino Gambling Is In U.S. & Europe
Published: Tuesday, March 11, 2008 Online-Casinos.com
80 PERCENT OF WORLD CASINO GAMBLING TAKES PLACE IN EUROPE AND THE U.S.
New survey expects world growth of 7.8 percent per annum
Land casinos represent the largest segment of the commercial gambling market worldwide, and casino revenues are expected to grow at a compounded annual rate of approximately 7.8 percent, according to a new report by the California-based Global Industry Analysts Inc.
Between them, the US and Europe account for 80 percent of world casino action worth $91 billion.
Casino revenues in United States are expected to be worth US $68 billion in 2010, the report predicts. Asia-Pacific, another gaming haven, is expected to emerge as the fastest growing casino market, with stringent regulatory environments at regional and global levels one of the major factors shaping the industry's fortunes.
The industry continues to battle high profile issues such as underage and problem gambling.
Major players in the marketplace include MGM Mirage, Harrah's Entertainment, Ameristar Casinos, Century Casinos, Isle of Capri Casinos, Ladbrokes Ltd, Station Casinos and Sun International.
"Casinos: A Global Strategic Business Report" provides a comprehensive review of market trends, major developments, mergers, acquisitions, profiles of major players and other strategic industry activities. Analysis is presented for major geographic markets such as US, Canada, France, Germany, Italy, the UK, Spain, Austria, Belgium, Czech Republic, Denmark, Greece, The Netherlands, Hungary, Poland, Portugal, Asia-Pacific (Macau, Australia), Latin America and rest of world.
Analytical estimates and projections are provided over the years 2000 through 2010. Long-term projections are presented over the years 2011 through 2015.
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