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Survey Sees Global Gambling Growth Of 7.8 Percent Per Annum

In a staggering report by the California-based Global Industry Analysts Inc., 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.
The US and Europe account for 80 percent of all world casino action which is worth $91 billion. The report predicts that casino revenues in US are expected to be worth $68 billion in 2010. The report forecasts that Asia-Pacific, another gaming haven, will 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.

High profile issues such as underage and problem gambling still feature prominently on the industry’s agenda. Major players in the marketplace include Harrah's Entertainment, Ladbrokes Ltd, MGM Mirage, Century Casinos, Ameristar Casinos, Isle of Capri Casinos, Sun International and Station Casinos.

The report, entitled "Casinos: A Global Strategic Business Report" covers the years 2000 through 2010. Long-term projections are presented over the years 2011 through 2015. The 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 the rest of world.

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