Industry Analysis & Industry Trends
The Casinos industry has grown over the past five years despite rising competition from international and online casinos. Revenue is estimated to increase at a compound annual 2.9% over the five years through 2014-15. Greater per capita gambling expenditure has assisted financial performance, with consumers demanding more gaming services. Rises in discretionary income levels have also assisted revenue growth, as patrons have spent more money on non-essential items such as casino gambling services. Revenue is estimated to grow by 0.4% in 2014-15 to reach $5.6 billion... purchase to read more
Industry Report - Industry Products Chapter
Casinos derive a majority of their revenue from gaming services. In 2014-15, 78.5% 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. These products and services are often subsidised by gaming activity, which raises their perceived value in an effort to retain existing customers.
Electronic gaming generates the largest portion of industry revenue. Consumers are able to place bets on a range of electronic games such as slot machines, video lotteries and poker machines. These games are completely automated and do not require staff supervision or operation... purchase to read more