Industry Analysis & Industry Trends
The Casinos industry has grown over the past five years despite rising competition from international and online casinos, and falling per capita gambling expenditure. Growth in discretionary incomes has assisted industry players as patrons have spent more money on non-essential activities such as casino gambling services. Increasing tourism has also bolstered international VIP gambler visits, which has further boosted revenue. Overall, industry revenue is estimated to increase at a compound annual rate of 3.1% over the five years through 2015-16 to reach $5.7 billion. An increase in per capita gambling expenditure is set to contribute to a 1.3% jump in revenue in 2015-16... purchase to read more
Industry Report - Industry Products Chapter
Casinos derive most of their revenue from gaming services. In 2015-16, over 75% of industry revenue is generated from electronic, table and other gaming services. Industry operators also generate revenue from non-gaming products and services, which include food, beverages and accommodation. Revenue generated from gaming activities often subsidises these products and services, which raises their perceived value in an effort to retain existing customers.
Table games are the traditional service that casinos provide and generate the largest portion of industry revenue. These games are generally played on tables with other patrons and operated live by dealers. Popular table games include poker, roulette, blackjack, baccarat and craps... purchase to read more