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Casinos in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Casinos Market Research Report | ANZSIC R9201 | Nov 2013

Raising the stakes: Competition from casinos in Asia will put downward pressure on profit

IBISWorld’s Casinos 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
$6bn
Annual Growth 09-14
3.6%
Annual Growth 14-19
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Profit
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Employment
20,532
Businesses
7
Industry Analysis & Industry Trends

The global financial crisis and resulting recession negatively affected the Casinos industry's performance. Following three consecutive years of volatile revenue growth, the industry has improved since 2011-12, as it benefited from higher domestic and international economic growth. Industry revenue is expected to increase 3.8% in 2013-14 to reach $5.6 billion. Over the five years through 2013-14, industry revenue is estimated to rise at an annualised 3.6%. However, new challenges are emerging, particularly from interest rate rises and intensifying competition from new casino establishments opening across Asia.

Since the global financial crisis, interest rates have risen, resulting in consumers reducing their spending on entertainment, including in casinos... purchase to read more

Industry Report - Industry Analysis Chapter

The Casinos industry underwent significant operator consolidation at the beginning of the 2000s, but over the past five years enterprise and establishment numbers have remained stable. Initially VIP growth helped boost the domestic industry, but has struggled to sustain itself as competition intensifies against other casino destinations, such as Macau, Singapore and other parts of Asia. Increasing competition from international casinos and gambling websites has forced the industry to restructure and invest further in their services, elevating their quality.

This extra investment has paid off. Despite industry and market saturation, increasing international competition and increasingly wealthy Asian tourists have led to renewed interest by both domestic and international patrons... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Casinos Industry?

The Casinos industry includes revenue from table games (e.g. blackjack), gaming machines and associated entertainment and accommodation facilities directly owned or operated by casinos.

Industry Products
Casino gaming tablesOther gaming servicesPoker and gaming machinesNon-gaming servicesInternational VIP program services
 
Industry Activities
Legal casino operation


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