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 Locations Chapter
The locations of industry casinos are largely determined at the discretion of state governments. These governments grant the gaming licences that allow companies to operate in the industry. Currently, all states and territories have at least one casino. Establishment distribution is concentrated in states and territories with relatively small populations, with two casinos operating both in the Northern Territory and Tasmania. Queensland has the largest casino concentration, with four establishments located in Brisbane, the Gold Coast, Townsville and Cairns.
Only one casino operates in South Australia and the South Australian Government has signalled that it will not issue another table gaming licence, effectively giving SKYCITY a regional monopoly in this state... purchase to read more