Mobile Menu

Casinos in Australia - Market Research Report (2014-2029)

Jack Fahey Jack Fahey Melbourne, Australia Last Updated: September 2024 ANZSIC R9201

Revenue

$4.7bn

2024-25

$4.7bn

Past 5-Year Growth

Profit

$XXX.Xm

Employees

29,004

Businesses

10

Wages

$X.Xbn

Casinos in Australia industry analysis

The Casinos industry in Australia has faced a period of unprecedented crises, as a spate of government inquiries have endangered the casino licenses of the largest operators in the industry. These issues compounded a period of highly restricted patronage following the COVID-19 outbreak, as border closures and lockdowns sharply reduced turnover at all casinos in Australia. These intersecting crises have harmed industry revenue, which is expected to have contracted at an annualised 5.7% over the five years through 2024-25, to $4.7 billion. This includes an expected drop of 0.7% in 2024-25 as cost-of-living pressures weigh on downstream demand.

Trends and Insights

  • Regulatory action against casino operators has prompted crises at the industry’s two largest operators. Systemic failures in governance prompted intervention from state and federal governments, harming Australian casinos’ reputation.
  • Border closures and regulatory scrutiny have caused a sharp slump in revenue from VIP programs. Surging international tourist visitor numbers to Australia since 2022-23 have gradually revived these programs’ revenue share, especially as VIP programs restart.
  • State governments determine casinos' locations and geographic distribution. These governments grant licences that allow companies to operate casinos in their respective states and territories.
  • Regulation limits competition in the industry. Most cities in Australia have one casino, and steep legal barriers restrict smaller competitors from gaining market share.

Access hundreds of analysis and data

  • Market estimates from 2014-2029
  • Critical performance data and rankings
  • Detailed analysis of competitive forces and the external environment
  • PDF report or online database with Word, Excel and PowerPoint export options
  • 100% money back guarantee

Industry Statistics and Trends

Market size and recent performance (2014-2029)

Industry revenue has declined at a CAGR of 5.7 % over the past five years, to reach an estimated $4.7bn in 2024.

Trends and Insights

Pandemic restrictions caused patronage at Australian casinos to plummet

  • Casinos in Australia faced very difficult trading conditions during the pandemic.
  • Additional trends and insights available with purchase
Casinos in Australia
Revenue (2014-2029)
IBISWorld Logo Source: IBISWorld

Industry outlook (2024-2029)

Market size is projected to grow over the next five years.

Trends and Insights

Improved trading conditions prompt an industrywide revival

  • Improved trading conditions will prompt an industrywide revival at Australian casinos over the coming years. Tourist traffic in Australia will revert to pre-pandemic levels as Australia's tourism sector gradually recovers from the pandemic-induced shock.

Biggest companies in the Casinos in Australia

Company
Market Share (%)
2025
Revenue ($m)
2025
Crown Resorts
2,338.8
Star Entertainment
1,600.9
Mulawa Holdings Pty Ltd
241.6

To view the market share and analysis for all 4 top companies in this industry, view purchase options.

Products & Services Segmentation

Casinos in Australia
Products & Services
IBISWorld Logo Source: IBISWorld

Industry revenue is measured across several distinct product and services lines, including Table gaming, Electronic gaming and VIP program. Table gaming is the largest segment of the Casinos in Australia.

Trends and Insights

Table gaming’s revenue share surged after VIP programs collapsed at Australian casinos

  • Table gaming is the traditional service that casinos provide and typically generates the largest proportion of industry revenue. These games are generally played on tables with other patrons and operated live by dealers.
  • More insights available in the full report

Table of Contents

About this industry

Industry definition

Companies in the industry operate facilities that offer a range of gambling activities, such as table wagering games and electronic gaming machines. Firms also generate revenue from associated entertainment, hospitality and accommodation facilities.

What's included in this industry?

Table gamingElectronic gamingVIP programAccommodationFood and beverage services

Companies

Crown ResortsStar EntertainmentMulawa Holdings Pty Ltd

Purchase this report to view all 4 major companies in this industry.

Related Terms

HIGH-STAKES GAMBLERSMANDATORY PRE-COMMMITMENT SCHEMESTABLE GAMES

Industry Code

ANZSIC 2006

ANZSIC 9201 - Casinos in Australia

Performance

Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.

Analyst insights

Regulatory action against casino operators has prompted crises at the industry’s two largest operators. Systemic failures in governance prompted intervention from state and f...

In this chapter (4)

  • Current Performance
  • Outlook
  • Volatility
  • Life Cycle

Key metrics

  • Annual Revenue, Recent Growth, Forecast, Revenue Volatility
  • Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
  • Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
  • Total Profit, Profit Margin, Profit per Business

Charts

  • Revenue, including historical (2014-2023) and forecast (2024-2029)
  • Employees, including historical (2014-2023) and forecast (2024-2029)
  • Businesses, including historical (2014-2023) and forecast (2024-2029)
  • Profit, including historical (2014-2024)
  • Industry Volatility vs. Revenue Growth
  • Industry Life Cycle

Detailed analysis

  • Trends in supply, demand and current events that are driving current industry performance
  • Expected trends, economic factors and ongoing events that drive the industry's outlook
  • Key success factors for businesses to overcome volatility
  • How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.

Products and Markets

Learn about an industry's products and services, markets and trends in international trade.

Analyst insight

Border closures and regulatory scrutiny have caused a sharp slump in revenue from VIP programs. Surging international tourist visitor numbers to Australia since 2022-23 have ...

In this chapter

  • Products & Services
  • Major Markets

Key metrics

  • Largest market segment and value in 2024
  • Product innovation level

Charts

  • Products & services segmentation in 2024
  • Major market segmentation in 2024

Detailed analysis

  • Trends impacting the recent performance of the industry's various segments
  • Innovations in the industry's product or service offering, specialization or delivery method
  • Key factors that successful businesses consider in their offerings
  • Buying segments and key trends influencing demand for industry products and services

Geographic Breakdown

Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.

Analyst insights

State governments determine casinos' locations and geographic distribution. These governments grant licences that allow companies to operate casinos in their respective state...

In this chapter (1)

  • Business Locations

Charts

  • Share of revenue, establishment, wages and employment in each region
  • Share of population compared to establishments in each region in 2024

Tables

  • Number and share of establishments in each region in 2024
  • Number and share of revenue each region accounts for in 2024
  • Number and share of wages each region accounts for in 2024
  • Number and share of employees in each region in 2024

Detailed analysis

  • Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
  • Key success factors for businesses to use location to their advantage

Competitive Forces

Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.

Analyst insights

Regulation limits competition in the industry. Most cities in Australia have one casino, and steep legal barriers restrict smaller competitors from gaining market share.

In this chapter (4)

  • Concentration
  • Barriers to Entry
  • Substitutes
  • Buyer & Supplier Analysis

Key metrics

  • Industry concentration level
  • Industry competition level and trend
  • Barriers to entry level and trend
  • Substitutes level and trend
  • Buyer power level and trend
  • Supplier power level and trend

Charts

  • Market share concentration among the top 4 suppliers from 2019-2024
  • Supply chain including upstream supplying industries and downstream buying industries, flow chart

Detailed analysis

  • Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
  • Key success factors for businesses to manage the competitive environment of the industry.
  • Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
  • Key success factors for potential entrants to overcome barriers to entry.
  • Competitive threats from potential substitutes for the industry’s own products and services.
  • Key success factors for how successful businesses can compete with substitutes.
  • Advantages that buyers have to keep favorable purchasing conditions.
  • Advantages that suppliers have to maintain favorable selling conditions.
  • Key success factors for how businesses can navigate buyer and supplier power.

Companies

Learn about the performance of the top companies in the industry.

Analyst insights

Three Royal Commissions into Crown Resorts endangered the company’s most valuable asset: casino licenses. The inquiries stopped short of revoking its license, but they forced...

In this chapter

  • Market Share Concentration
  • Companies
  • Company Spotlights

Charts

  • Industry market share by company in 2020 through 2024
  • Major companies in the industry, including market share, revenue, profit and profit margin in 2024
  • Overview of Crown Resorts's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Star Entertainment's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of Mulawa Holdings Pty Ltd's performance by revenue, market share and profit margin from 2018 through 2024
  • Overview of revenue, market share and profit margin trend for one additional company

Detailed analysis

  • Description and key data for Crown Resorts, and factors influencing its performance in the industry
  • Description and key data for Star Entertainment, and factors influencing its performance in the industry
  • Description and key data for Mulawa Holdings Pty Ltd, and factors influencing its performance in the industry
  • Description, key data and performance trends for one additional company

External Environment

Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.   

Analyst insights

Total tourist visitor nights are rebounding post-pandemic, providing an opportunity for Australian casinos to expand turnover. As international tourism recovers, high-stakes ...

In this chapter

  • External Drivers
  • Regulation & Policy
  • Assistance

Key metrics

  • Regulation & policy level and trend
  • Assistance level and trend

Charts

  • Regulation & Policy historical data and forecast (2014-2029) 
  • Assistance historical data and forecast (2014-2029) 

Detailed analysis

  • Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
  • Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
  • Key governmental and non-governmental groups or policies that may provide some relief for industry operators.

Financial Benchmarks

View average costs for industry operators and compare financial data against an industry's financial benchmarks over time. 

Analyst insights

Heavy fines and lockdowns have constrained profit at Star and Crown. Ongoing costs related to a spate of government inquiries into casinos’ operations in Australia have dampe...

In this chapter

  • Cost Structure
  • Financial Ratios
  • Key Ratios

Key metrics

  • Profit margin, and how it compares to the sector-wide margin
  • Average wages, and how it compares to the sector-wide average wage
  • Largest cost component as a percentage of revenue
  • Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio

Charts

  • Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
  • Investment vs. share of economy

Data tables

  • Cash Flow & Debt Service Ratios (2014-2029)
  • Revenue per Employee (2014-2029)
  • Revenue per Enterprise (2014-2029)
  • Employees per Establishment (2014-2029)
  • Employees per Enterprise (2014-2029)
  • Average Wage (2014-2029)
  • Wages/Revenue (2014-2029)
  • Establishments per Enterprise (2014-2029)
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)

Detailed analysis

  • Trends in the cost component for industry operators and their impact on industry costs and profitability 

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Top Questions Answered

Unlock comprehensive answers and precise data upon purchase. View purchase options.

What is the market size of the Casinos industry in Australia in 2024?

The market size of the Casinos industry in Australia is $4.7bn in 2024.

How many businesses are there in the Casinos in Australia industry in 2024?

There are 10 businesses in the Casinos industry in Australia, which has grown at a CAGR of 2.1 % between 2019 and 2024.

Has the Casinos industry in Australia grown or declined over the past 5 years?

The market size of the Casinos industry in Australia has been declining at a CAGR of 5.7 % between 2019 and 2024.

What is the forecast growth of the Casinos industry in Australia over the next 5 years?

Over the next five years, the Casinos industry in Australia is expected to grow.

What are the biggest companies in the Casinos market in Australia?

The biggest companies operating in the Casinos market in Australia are Crown Resorts, Star Entertainment and Mulawa Holdings Pty Ltd

What does the Casinos in Australia include?

Table gaming and Electronic gaming are part of the Casinos industry.

Which companies have the highest market share in the Casinos in Australia?

The company holding the most market share in Australia is Crown Resorts.

How competitive is the Casinos industry in Australia?

The level of competition is moderate and increasing in the Casinos industry in Australia.

Related Industries

Widen you competitive advantage with related industries

Competitors

  • Social Clubs in Australia
  • Lotteries in Australia
  • Horse and Sports Betting in Australia
  • Hotels and Resorts in Australia

Complementors

  • There are no industries to display.

International industries

  • Global Casinos & Online Gambling
  • Non-Hotel Casinos in the US
  • Lotteries & Native American Casinos in the US
  • Casinos in New Zealand

View all industries in Australia

Methodology

How are IBISWorld reports created?

IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.

Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.

IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.

What data sources do IBISWorld analysts use?

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.

Key data sources in Australia include:

  • Australian Bureau of Statistics
  • Australian Taxation Office
  • Australian Securities & Investments Commission

Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.

These sources include:

  • Industry and trade associations
  • Industry federations or regulators
  • Major industry players annual or quarterly filings

Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.

How does IBISWorld forecast its data?

IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.

Learn more about our methodology and data sourcing on the Help Center.