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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 | Jun 2014

High stakes: Travel and consumer spending will pick up, driving demand for casinos

IBISWorld’s Casino Hotels market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$55bn
Annual Growth 09-14
1.5%
Annual Growth 14-19
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Profit
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Employment
417,676
Businesses
246
Industry Analysis & Industry Trends

During the recession, casino hotels experienced slowed demand and revenue growth 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 over the five years to 2019... purchase to read more

Industry Report - Industry Key Buyers Chapter

In 2014, the four largest firms in the Casino Hotels industry will earn an estimated 31.5% of industry revenue, indicating a low concentration in the industry. The merger of Caesars Entertainment Corporation and Harrah's Entertainment Inc. as well as that of MGM Resorts International and Mandalay Bay secured the dominant positions of these two operators, which combined, generate more than one-quarter of total industry revenue. The level of industry concentration has remained relatively flat since 2009, due to state regulatory constraints in the industry and to the monitoring of federal government agencies over industry competition levels... 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 performances
 
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


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