World gambling revenue to top $155B in 2012

[Manne]

Global gambling revenue is estimated to pass $155 billion in 2012 after growing at an annually compounded rate of 6.5 percent per year, according to a PricewaterhouseCoopers LLP report released Wednesday.

Revenue from the Asia Pacific region will hit $37.2 billion in 2012 compared with $18.3 billion in 2007.

Total gambling revenue in the United States will remain well ahead of other regions, growing at 4 percent annually from $60.3 billion in 2007 to $73.3 billion in 2012, the report said.