GBGC reports global betting revenues of $450 billion in 2014

(PRESS RELEASE) -- The world’s global gambling revenues surpassed US $450 billion in 2014, according to the analysis in Global Betting and Gaming Consultants’ new 10th edition of its Global Gambling Report.

The market grew by just 1.1 percent in 2013 but performed more strongly in 2014, rising by 3.2 percent, according to the provisional data.

Asia overtook North America as the largest gambling region in 2010 and continues to hold the top spot, accounting for almost 33 percent of global gambling revenues.

In spite of the improvement in gross gaming yield, the world’s leading top 50 gambling companies by market capitalization saw more than US $100 billion wiped off their stock market valuations in 2014.