Industry Analysis & Industry Trends
The Casinos industry has grown over the past five years despite rising competition from international and online casinos. Revenue is expected to increase at a compound annual 2.9% over the five years through 2014-15. An increase in per capita gambling expenditure over the past five years has assisted industry performance, with domestic consumers demanding more gaming services. Growth in discretionary income has also assisted the industry, as patrons have spent more money on non-essential activities such as casino gambling services. Revenue is expected to grow by a more subdued 0.4% in 2014-15, to reach $5.6 billion.
The industry's two largest players, Crown Resorts and Echo Entertainment Group, generate most of the industry's revenue... purchase to read more
Industry Report - Industry Products Chapter
Casinos derive a majority of their revenue from gaming services. In 2014-15, over 75.0% of industry revenue is estimated to be 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 most 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 by live dealers... purchase to read more