On a roll: Rising tourist numbers and discretionary incomes have driven revenue growth

The Casinos industry has grown over the past five years despite rising competition from overseas casinos and a steep decline in VIP gaming in 2016-17. Increasing tourism, as indicated by high occupancy rates at hotels operated by casinos, and rising discretionary incomes have been the main drivers of industry revenue growth over the period. Overall, industry revenue is forecast to increase at an annualised 3.9% over the five years through 2018-19, to $6.7 billion. Rising tourism numbers are anticipated to fuel revenue growth of 3.2% in the current year.Local casino operators have faced intense competition from overseas casinos over the past five years, particularly for premium and VIP gamblers...read more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24

Industry Threats & Opportunities

  • Increased tourism numbers have driven industry revenue growth over the past five years
  • 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 Investment Chapter

    The Casinos industry exhibits moderate capital intensity. For every dollar paid as wages in 2018-19, an estimated $0.24 is spent on capital investment. Industry operators rely on casual staff that work at peak times. Casinos also generally operate between 18 and 24 hours per day, which increases their labour requirements. The industry, like others in the hospitality sector, is labour-intensive due to the emphasis on customer service across all areas of operation, including gaming, food and beverage service, entertainment and accommodation.Casinos are extremely expensive to construct due to the space required for gaming activities, hotels, restaurants and other resort facilities, some of which include shopping malls. Ele...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 tourist 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
  • Other gaming services
  • 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 tourist visitor nights
  • Internet subscribers
  • Per capita gambling expenditure
  • Real household discretionary income

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • 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
  • International 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 gaming services
  • 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
  • Profit
  • Wages
  • Depreciation
  • Purchases
  • Gaming taxes and levies
  • Marketing and promotion
  • Other
  • 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 (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • 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.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Casinos market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    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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