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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 | Aug 2015

Hitting the jackpot: Refurbishments have attracted international VIP gamblers, boosting revenue

IBISWorld’s Casinos market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 11-16
3.1%
Annual Growth 16-21
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Profit
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Employment
23,888
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 incomes 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. Overall, industry revenue is estimated to increase at a compound annual rate of 3.1% over the five years through 2015-16 to reach $5.7 billion. An increase in per capita gambling expenditure is set to contribute to a 1.3% jump in revenue in 2015-16... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the industry are high. A range of key factors such as regulation, the dominance of existing players, capital investment requirements and licence fees restrict new enterprises from entering the industry. Casinos operate under very strict legislative and regulatory conditions. In all states and territories, specially legislated bodies regulate the operation of casinos and licensing requirements also restrict the number and location of casinos. Entry into the industry is usually via a government tender for a licence. The successful operator is then offered an exclusive clause for a period of 15 to 20 years, where no other casino licences are issued by the government within a defined geographic area... 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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