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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 | Jan 2017

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

The Casinos market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 12-17
5.3%
Annual Growth 17-22
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Profit
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Employment
27,177
Businesses
8
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... purchase to read more

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... 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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