Industry Analysis & Industry Trends
During the recession, casino hotels experienced slowed demand and revenue as consumers reduced spending on traveling and gambling. While this trend is expected to reverse as the economy recovers, players will face increased competition from international casinos, online gaming and other gaming venues. Still, a wider acceptance of gambling will fuel the industry's recovery into the next five years... purchase to read more
Industry Report - Industry Locations Chapter
Although gambling is legal under US federal law, states are free to regulate or prohibit the practice within its borders. Nevada and Louisiana are the only states where casino gambling is legal statewide. All other states restrict casinos to small geographic areas or to American Indian reservations. For this reason, the industry's geographic distribution is highly depended on state regulations.
Over 50.0% of casino hotels in the United States are located in Nevada, primarily in Las Vegas. Las Vegas is the unofficial home of gaming and earned revenue of $6.2 billion in total casino revenue in 2012. Nevada legalized casino gaming in 1931 and until the 1970s was the only location in the United States where people could legally gamble... purchase to read more