Hot streak: Increased domestic and international tourism has boosted industry revenue

The Casinos industry has grown over the past five years despite rising competition from overseas casinos and a steep decline in VIP gaming. Increasing tourism, as indicated by high occupancy rates at hotels operated by casinos, and rising real household discretionary income have been the main drivers of industry revenue growth. Overall, industry revenue is forecast to grow at an annualised 2.4% over the five years through 2017-18, to reach $6.1 billion. Rising tourism numbers are expected to fuel a 3.3% revenue jump in the current year.Local casino operators have faced intense competition from overseas casinos over the past five years, particularly for premium and VIP more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23

Industry Threats & Opportunities

  • Increased tourism numbers have been driving industry revenue growth
  • The industry has faced growing competition from international and online casinos
  • The number of poker and gaming machines is projected to fall steadily over the next five years
  • Industry Report - Industry Products Chapter

    Casinos derive most of their revenue from gaming services. Over 75% of industry revenue comes from electronic, table and other gaming services. Industry operators also generate revenue from non-gaming products and services, including food, beverages and accommodation. Revenue generated from gaming activities often subsidises these products and services, which are often of a very high standard in order to attract and retain gambling patrons.Table gamingTable games are the traditional service that casinos provide and generate the largest proportion of industry revenue. These games are generally played on tables with other patrons and operated live by dealers. Popular table games include poker, roulette, blackjack, baccarat and craps. Pat...purchase to read more.

    Additional Insights for the Casinos Industry

    IBISWorld has determined the most important Key Success Factors for the Casinos are:

  • Proximity to key markets
  • Having a wide and expanding product range
  • Qualified work force
  • IBISWorld analysts also discuss how external factors such as Number of poker and gaming machines and Total visitor nights in the Casinos industry impact industry performance..

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    What's in this report

    What is the Casinos Industry?

    Companies in the industry operate facilities that offer a range of gambling activities, such as table wagering games and electronic gaming machines. Firms also generate revenue from associated entertainment, hospitality and accommodation facilities.

    Industry Products
  • Electronic gaming
  • Table gaming
  • Food and beverages
  • Accommodation
  • Industry Activities
  • Legal casino operation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Number of poker and gaming machines
  • Total visitor nights
  • Internet connections
  • Per capita gambling expenditure
  • Real household discretionary income

  • Current Performance
  • Revenue and profitability
  • Industry structure
  • Competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Revenue and profitability
  • Casino proposals
  • Competition
  • Table: Casinos Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Casinos Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Catering Services
  • Liquor Wholesaling
  • Soft Drink and Pre-Packaged Food Wholesaling
  • Telecommunications and Other Electrical Goods Wholesaling

  • Products & Services
  • Table gaming
  • Electronic gaming
  • Food and beverages
  • Accommodation
  • Other
  • Chart: Casinos Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Local patrons
  • International visitors
  • Interstate patrons
  • Chart: Major Market Segmentation for the Casinos Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Casinos

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Casinos Industry

  • Industry Globalization
    Crown Resorts Limited, The Star Entertainment Group Limited,
  • Table: Crown Resorts Limited - financial performance
  • Table: The Star Entertainment Group Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Casinos Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Casinos Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Premium Domestic Players
  • High net worth gamblers that are Australian citizens.
  • Premium International Players
  • High net worth overseas gamblers that gamble large amounts of money in any one session.
  • Table Games
  • Games played in casinos using live dealers, such as poker, roulette and black jack.
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    Why buy this report?

    IBISWorld’s Casinos market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Casinos:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Casinos market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Casinos, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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