Accountants confirm poker growth

Author: Simon Dexter

A report by accountants PriceWaterhouseCoopers LLP released on Tuesday revealed that when measured in monetary terms, poker‘s popularity, together with the rest of the gaming industry, continues to grow - and then some. The report estimated that by 2012, the world’s gaming revenue will exceed 5 billion.
“This is a colossal number,” said Paul Murphy of Global Poker Markets, “and poker accounts for a significant proportion of it.

“The European market continues to offer enormous scope for development, particularly once ageing state monopolies are dismantled,” he said, “although not surprisingly, PWC found that the fastest growing region in terms of revenue is Asia Pacific, with countries such as Macau, Thailand and Singapore taking a considerably more liberal view of gaming.”
It is anticipated that the Asia Pacific region will generate .3 billion in annual gaming revenues within four years, up from .3 billion in 2007.

“The PWC report only scratches the surface when examining poker’s growth,” adds Murphy. “All the indications are that the industry - which benefits from TV coverage - continues to grow at a cracking pace. Indeed, there is a school of though which says that even if interest in Hold ‘Em plateaus, variations such as Omaha will attract more new players.”

Tags: Online Poker, poker, poker growth

This entry was posted on Wednesday, June 25th, 2008 at 9:59 am and is filed under News & Promotions Blog.