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GBGC: Casino revenues likely to outstrip Lotteries in 2012

10th February 2012 9:15 am GMT

New data released Thursday by Global Betting and Gaming Consultants (GBGC) suggests that commercial casinos will overtake lotteries in 2012 as the primary form of gambling in terms of revenue.

The latest edition of the Global Gambling Report shows that worldwide revenues from gambling activities reached US$419bn in 2011, an increase of 5.6 per cent year-on-year, and are forecast to reach $500bn by 2014.World lotteries accounted for the lion’s share of gambling [...]

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