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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 | Mar 2014

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

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
$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 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 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. 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. Slot machines are now the hot favorites for casino visitors and now are almost twice as popular as blackjack and other table games... 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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