High stakes: Travel and consumer spending will pick up, driving demand for casinos
IBISWorld’s Casino Hotels market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.
Industry Statistics & Market Size
Annual Growth 08-13
Annual Growth 13-18
Industry Analysis & Industry Trends
Playing the cards right
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 Key Buyers Chapter
In 2013, the four largest firms in the Casino Hotels industry will account for less than 40.0% of the available market share, 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 generate about 30.0% of total revenue, combined... purchase to read more
What is the Casino Hotels Industry?
This industry comprises establishments primarily engaged in providing short-term lodging in hotel facilities with a casino on the premises. The casino on 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.
Gaming tablesGambling machinesAccommodationsAdmissions to live performances
Providing short-term lodging in hotel facilities with a casino on the premises