Asia Becomes World’ Biggest Gambling Region
Asia overtook Europe to become the world’ largest gambling region in 2010.
Asian gambling revenues surged by 20% in 2010 to US$ 122 billion , whilst revenues from all gambling activities in Europe fell by 3% to US$ 114 billion according to Global Betting and Gaming Consultants’ (GBGC) sixth edition of its comprehensive Global Gambling Report – Betting on Regulation.
You don’t have to look far to find the reason behind Asia’ phenomenal gambling performance in a year of global economic uncertainty.
Casino revenues in Macau, the world’ largest casino jurisdiction, soared by 57% in 2010 and Singapore’ two new casino resorts also opened their doors, surpassing all expectations.
Warwick Bartlett, GBGC’ Chief Executive, commented, “At the start of 2011 GBGC’ index of the largest listed gambling companies showed that 4 of the top 5 were based in Asia. The revenues for 2010 have confirmed Asia’ strength in the world’ gambling market.”
GBGC is an independent, specialist gambling consultancy firm dedicated to providing gambling data, research, industry trends, and advice to the international gambling industry.
GBGC also produces the comprehensive Global Gambling Report, currently in its sixth edition, as well as online gambling statistics and analysis on the Interactive Gambling sector.
The gambling statistics and forecasts that are contained within the Global Gambling Report have become widely recognised within the industry, the financial community and the Media, as the industry standard for sizing both the online and offline gambling markets.