Industry Analysis & Industry Trends
The past five years for the Global Casinos and Online Gambling industry has brought a major shift in the industry's key markets. More specifically, the five-year period has signaled a shift of revenue growth from the United States toward Asia. While new markets in the United States are opening up as state governments look for more sources of revenue, the shift in revenue toward Asian markets has increasingly gained permanency for industry operators. Going forward, industry performance is expected to accelerate just slightly over the next five years. Economic volatility in China is expected to continue to hamper industry revenue growth... read more
Industry SWOT Analysis
The industry is in a growth phase of its life cycle. The casino sector has a long history, and gambling and gaming are established services in several countries, including the United States. Over the 10 years to 2021, industry value added, which measures an industry's contribution to GDP, will grow at an estimated average annual rate of 2.8%. Global GDP will grow at an average annual rate of 3.6% during the same period, indicating that the industry is growing at a much faster rate than the economy as a whole.
The industry is growing fastest in countries, such as China and Singapore, supported by the lifting of some bans on foreign investment and ownership of casinos... read more