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 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 [...]

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 [...]

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, [...]

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 [...]

Egypt intends to restrict the right to make copies of its ancient monuments by extending the copyright above 3000 years, claiming royalties for using likenesses of the Sphynx and the pyramids.So, casinos from Las Vegas, Atlantic City, Macau, future Gran Scala or any other entertainment center, will have to pay [...]

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 [...]

Type of the company: Public (NYSE: MGM)
Founded: 2000
Headquarters: Las Vegas, Nevada
Key people: Terrence Lanni (CEO)
Industry: Casinos and hotels
Products: Hotels
Revenue: $7.4 billion USD
Employees: over 70,000
Website: www.mgmmirage.com
MGM Mirage is a Las Vegas – based business engaged in the development, ownership and operation of hotels and casinos. The company began operations on May 31, [...]