SEARCH   
MEMBER LOGIN    

Casino Hotels in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Casino Hotels Market Research Report | NAICS 72112 | Apr 2015

High stakes: The industry will diversify away from its traditional stronghold in Nevada

IBISWorld’s Casino Hotels market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$59bn
Annual Growth 10-15
1.5%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
428,970
Businesses
248
Industry Analysis & Industry Trends

The Casino Hotels industry has been a mixed bag over the past five years as a raft of new casinos have been built in states not traditionally associated with gambling. There have been both winners and losers; however, new competition in surrounding states has been the death knell for casino hotels that have traditionally faced little competition and drawn visitors from out of state. In the coming years, the industry will benefit from an improving economy and the growing societal acceptance of gambling. The industry will continue to diversify away from its traditional stronghold of Nevada and New Jersey to new states that seek casinos for the easy tax revenue stream that gambling provides... purchase to read more

Industry Report - Starting a New Business Chapter

The Casino Hotels industry generally operates with a medium level of concentration, and mergers among major players in the mid-2000s have given these operators the advantage of increased efficiencies and economies of scale. This competition may be potential deterrents for new entrants.

The degree of capital intensity is generally moderate. However, there is a shift towards asset leasing and management rather than ownership of casinos. A move into casino management by some operators is decreasing the direct capital outlay involved in purchasing land, buildings, furniture and fittings. In this respect, the barriers to entry are being lowered. Nonetheless, developing and operating large casinos with hotel accommodation can be costly... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Casino Hotels Industry?

This industry comprises establishments that primarily provide short-term lodging in hotel facilities with a casino on the premises. The casino on the premises includes table-wagering games and may include other gambling activities, such as slot machines and sports betting. These establishments generally offer a range of services and amenities, such as food and beverage services, entertainment, valet parking, swimming pools and conference and convention facilities.

Industry Products
Gaming tablesGambling machinesAccommodationsAdmissions to live performancesAlcoholic beverages
 
Industry Activities
Providing short-term lodging in hotel facilities with a casino on the premisesProviding entertainment in facilities with a casino on the premisesProviding food and beverage servicesOperating gaming facilities


View Sample
Quote
Select Clients