Global gambling revenues passed $450 billion in 2014

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 percent compared to the previous year.

Asia continues to hold the top spot, accounting for almost 33 percent 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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