Predictions for the gambling industry
June 18th, 2008
Gambling revenue will grow to $155 billion in 2012 from a 2007 revenue of $114 billion with an annually rate of 6.5 percent per year, says PricewaterhouseCoopers LLP in a report released this week.
Asia, and especially Macau, will be the world’s fastest growing gambling region.
In accordance with this report, the US revenue [...]
Poker Stars operates a poker room in Macau
May 25th, 2008
Poker Stars started a new experience, beginning to operate a poker room in Cotai Strip (Dubbed PokerStars Macau), at Grand Waldo Hotel and Casino (25 tables, 250 players, cash games and tournaments).
The poker room was launched this week with a No-Limit Texas Hold’em Charity Poker tournament, for the victims of [...]
Gambling in Vietnam à la Las Vegas
May 24th, 2008
$4.5 billion Canadian investment in casino-resort project (”Ho Tram“) in the South of the Vietnam, the theme highlighting the lush natural beauty of the area while showcasing Vietnamese and Asian culture.
The most important investors in this project are Asian Coast Development Ltd. from Toronto and Harbinger Capital LLC [...]
The flying casinos
February 14th, 2008
Airbus is in discussion with more clients interested to use the world’s biggest passenger plane, Airbus superjumbo A380, into a flying casino.
David Velupillai, marketing director for Airbus’s executive and private aviation division, said a fully-fitted casino could be delivered as early as 2012.
The gambling “is clearly a growing business in Asia [...]
Las Vegas, the Macau of America
February 13th, 2008
Interesting change, isn’t it? It seems that starting with this year, Las Vegas will be no more the capital of the gambling world. The Sin City is growing old.
In accordance with Macau’s Gaming Inspection and Coordination Bureau, casinos in Macau took in gross gambling revenue of $10.4 billion in 2007, [...]
Illegal soccer gambling and Interpol
January 23rd, 2008
Interpol had last year in October a very large operation involving Australia, China, Hong Kong, Macau, Malaysia, Singapore, Thailand and Vietnam to stop the illegal soccer gambling which resulted in 423 arrests in 266 raids across the region, 272 underground gambling dens shut down and $680 million US worth of illegal bets. Now, Interpol is [...]
Gambling predictions, 2008
January 2nd, 2008
It seems that it is very hard to make predictions on gambling, this year even more difficult than the other years, and online gambling much more difficult than the classical gambling.
2008 will be a very good year for the land casinos. Las Vegas has some big problems that will allow to other [...]
Macau, the new Mecca of the gambling world
December 22nd, 2007
MGM Grand Macau officially opened its doors these days to thousands of guests eager to experience the burgeoning gaming destination’s latest grand resort. With 600 rooms, MGM Grand Macau resort casino marks the powerful partnership’s first venture into the rapidly growing Macau gaming market, setting a new standard of luxury [...]