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Analysts hope 2012 could be a bridge year for the casino industry

Macau casinos, the world’s largest gaming market, collected $30.5 billion in gaming revenue, an increase of 44 percent compared to the previous year. In fact, most analysts suspect that gaming revenue produced by Macau’s 34 casinos will increase from 15 percent to 25 percent after a year, eliminating the gaming revenue collected by the entire U.S. commercial casino market in 21 states. Moody’s game analyst Keith Foley wrote in a research report on the Las Vegas Sands Company in November. 온라인카지노

For Singapore, gaming revenue from the country’s two casino markets, which have operated for nearly two years, is expected to exceed Streep’s $5.8 billion in 2010 sales by year’s end. “The Singaporean market will maintain year-over-year double-digit growth in gaming revenue,” Foley said. Analysts looking to 2012 expect Las Vegas or other U.S.-based gaming markets to experience the expected growth for Macau or Singapore.

Still, with the economy recovering and discretionary spending slowly increasing, the U.S. casino industry is cautiously optimistic that 2012 could be a bridge to stronger results for 2013. “I think 2012 will be an interesting story,” said Bill Lerner, president of the Union Gaming Group, about four miles of Las Vegas Boulevard, which is considered the center of the gambling industry.

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