2013, Asia to overtake the West as biggest Gambling market!

Again from PricewaterhouseCoopers but this time related to gaming revenue. Asia is going to overtake the United States in 2013 for the most lucrative region for casino revenue. Looking at current projections and the Economic situation in the region, it really comes as no surprise. Macau is the main region which is making the most money. They have a great variety of casinos from different parts of the world and attracting many people from Asia and especially from Mainland China. Another reason for the rise of Asia is the emergence of Singapore as a gambling hub. Ever since they opened their market for casinos, they have been attracting people from all over South East Asia. They offer something different to Macau, they have entertainment among other things in their resorts. Earlier this month Macau posted its November gambling revenues, showing a 32.9% increase in revenue to 23 billion patacas ($2.9 billion) compared to the same month last year.

Source: http://www.marketwatch.com

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