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 Analysis Chapter
Over the past five years, the industry has performed strongly due to rising per capita gambling expenditure and discretionary income. Higher discretionary income has allowed consumers to spend more money on non-essential activities such as casino gaming services. Growth in premium and VIP gamblers has also boosted industry operators over this period. However, competition has intensified from other popular casino destinations such as Macau, Singapore and other parts of Asia... purchase to read more