Largest casino markets in the world
There are many countries in the world that are famous for gambling. These countries have many large casinos that attract thousands of gamblers throughout the year. Most of these casinos have become a popular tourist destination. The total number of tourists visiting these casinos annually makes the real difference among each other. The more people visit a casino, the more it earns. Currently, USA is considered as the largest casino market by region. Next are the region of Asia Pacific before Europe, Middle East and Africa.
In terms of largest casinos cities, the city of Las Vegas of the USA is considered as the largest casino market in the world. The next place goes to Macau. And after Macau, the third, fourth and fifth place goes to Atlantic City, London, and Monte Carlo. These cities are the home of some of the world’s largest casinos. Each year they attract thousands of gamblers from every corner of the world.
Majority of the casino operators run the combined casino facilities, even though there are the stand alone casinos also. Casino industry of US took $34.13 billion at 2007, 5.3% increase from $32.42 billion took in at 2006. According to the American Gaming, Las Vegas Strip was most profitable area in United States, and taking $6.75 billion at 2007, whereas Nevada as whole took at $11.80 billion in the casino revenues. The casino operators depend highly on the overall economic strength for the revenue, as the people generally tend to travel when they have sufficient disposable income.
Growth in the Asia Pacific will be driven by continuing economic growth in region as well as subsequent rise in the disposable income as well as emergence of the prosperous middle class.