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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 | Jun 2016

High stakes: Revenue increases as recent casino refurbishments attract more VIP gamblers

IBISWorld’s Casinos market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 11-16
5.6%
Annual Growth 16-21
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Profit
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Employment
26,411
Businesses
8
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 income 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. Industry revenue is expected to increase at a compound annual rate of 5.6% over the five years through 2015-16, to reach $6.3 billion. An increase in real household discretionary income is set to contribute to a 3.0% jump in revenue in 2015-16... purchase to read more

Industry Report - Industry Analysis Chapter

The Casinos industry has performed strongly over the past five years, due to increasing discretionary income and rising tourism levels. Higher discretionary income has allowed consumers to spend more money on non-essential activities such as casino gaming services. Growth in premium and VIP gambler visits, particularly from international destinations, has also assisted industry operators over this period. However, competition has intensified from other popular casino destinations such as Macau, Singapore and other parts of Asia. In addition, increasing competition from these international casinos and online gambling platforms has forced industry players to restructure and invest large amounts of capital in refurbishment projects... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Casinos Industry?

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

Industry Products
Electronic gamingTable gamingOther gamingFood and beveragesAccommodation
 
Industry Activities
Legal casino operation


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