Global Entertainment and Media Outlook: 2008-2012- Casino & Other Regulated Gaming

Casino and other regulated gaming

Casino and other regulated gaming consists of betting activities conducted within brick-and-mortar casinos, including land-based casinos, riverboats, dockside casinos, tribal casinos, slot parlors, racinos (slots at racetracks), and limited-stakes casinos, as well as online gaming at Internet casinos, in virtual poker rooms, through betting exchanges, and on other online sites in countries where it is legal. The market also includes sports betting where it is legal. Lotteries, bingo, horse racing, and other gaming activities are not included. Online sports betting is counted in the sports betting totals. Spending totals represent gross gaming revenue, which is the house win, or the amount wagered minus the amount returned to players as winnings. In the case of virtual poker rooms, revenue consists of charges to the pot in each game. For legal sports books, revenue consists of the house cut deducted from the amount returned to winning bettors.

A sampling of global facts and forecasts:

• "In Asia-Pac, major resort casinos in Macau will propel that area to become the largest single casino gaming destination in the world."
• "New casino licenses in Chile and rising disposable income will contribute to casino gaming growth in other markets."
• "Middle East/Africa will be the fastest-growing area of EMEA, increasing to $3.3 billion in 2012 from $1.9 billion in 2007, a CAGR of 12 percent. Western Europe will increase at a 6.6 percent annual rate to $30.5 billion in 2012."