A good bet: International VIP gamblers have boosted industry revenue growth

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.


Industry Analysis & Industry Trends

The Casinos industry is expected to grow strongly over the five years through 2016-17 despite rising competition from overseas casinos. Increasing tourism, which has bolstered international VIP gambler visits, has been the main driver of industry revenue growth, while rising real household discretionary income has also benefited the industry. Industry revenue is forecast to grow at an annualised 5.3% over the five years through 2016-17, to reach $6.4 billion. Rising tourism numbers and VIP gambler visits are expected to fuel a 2.1% revenue jump in 2016-17.

Local casino operators have faced intense competition from overseas casinos, particularly for premium and VIP gamblers. These patrons are highly sought after, as they place high-stakes wagers that generate significant revenue...

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Industry Report - Industry SWOT Analysis Chapter

The Casinos industry is in the mature stage of its economic life cycle. Industry value added (IVA), which measures an industry's contribution to the overall economy, is forecast to grow at an annualised 4.1% over the 10 years through 2021-22. This represents an outperformance of overall GDP, which is projected to rise at an annualised 2.5% over the same period. However, the rise in IVA is inflated by a low base year in 2011-12.

Despite steadily rising demand for casino gaming services, local operators have faced increasing competition from overseas casinos. Macau is an established and leading global gambling destination, while Singapore also has two lavish casinos. The..

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Industry Products

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 gaming
Table gaming
Other gaming
Food and beverages
Industry Activities
Legal casino operation

Table of Contents

About this Industry

Industry Definition
Main Activities
Similar Industries
Additional Resources

Industry at a Glance

Industry Performance

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

Products & Markets

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

Competitive Landscape

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
industry Globalisation

Major Companies

Operating Conditions

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

Key Statistics

Industry Data
Annual Change
Key Ratios

Jargon & Glossary

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