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GLOBAL GAMBLING REVENUESPASSED $450 BILLION IN 2014
28th May, 2015 at 11:11:09
New GBGC study shows market grew by 3.2 percent.
The tenth and latest Global Gambling Report from the Isle of Man-based consultancy Global Betting and Gaming, claims that global gambling revenues surpassed US $450 billion in 2014, growing 3.2% compared to the previous year.
Asia continues to hold the top spot, accounting for almost 33% of global gambling revenues, the report notes.
However, despite the increase in gross gaming yield, the world's leading top 50 gambling companies by market capitalisation saw more than US $100 billion wiped off their stock market valuations in 2014.
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