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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 | Nov 2014

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

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.

Report Snapshot
Industry Statistics & Market Size
Revenue
$53bn
Annual Growth 09-14
0.8%
Annual Growth 14-19
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Profit
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Employment
417,676
Businesses
246
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 such as those in New Jersey 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... purchase to read more

Industry Report - Industry Products Chapter

Gaming tables and gambling machines

Gaming tables (15.0% of industry revenue) and gambling machines, including slot machines (55.0% of industry revenue), account for an estimated 70.0% of industry revenue. Gambling machine revenue generally exceeds gaming-table revenue. One notable exception is the Las Vegas Strip, where gaming table revenue accounts for over 50.0% of total gaming revenue at casinos. Gambling machines, including slot machines, have increasingly become an important revenue driver for the casino market. A key component has been to provide low denomination machines and to replace machines and games on a shorter cycle (every two to three years). Cashless machines (also called ticket-in, ticket-out) have been introduced in states where legislation permits them... 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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