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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 | Apr 2015

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

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
$59bn
Annual Growth 10-15
1.5%
Annual Growth 15-20
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Profit
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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 - Industry Investment Chapter

The capital intensity of the Casino Hotels industry is determined by the ratio of capital to labor costs. To calculate the ratio, wages and depreciation costs from the industry's overall cost structure are used as proxies. For every dollar spent on wages in 2015, an estimated $0.27 is spent on the use and replacement of buildings and equipment. As such, this industry has a moderate level of capital intensity.

As an industry dedicated to providing high quality service to attract new and repeat customers, operators require labor throughout all aspects of the business... 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


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