Non-Hotel Casinos in the US - Industry Market Research Report

Non-Hotel Casinos in the US - Industry Market Research Report

  • January 2020 •
  • 37 pages •
  • Report ID: 168073 •
  • Format: PDF
A good hand: industry revenue will benefit from an improving economy

Abstract

Non-Hotel Casinos in the US
The Non-Hotel Casinos industry has been dealt a mixed hand over the five years to 2019, as various factors, including increased competition and a shift in consumer preferences away from gambling, have curbed casino spending. Gambling revenue performed well during the five-year period, as the unemployment rate fell and consumers resumed greater spending and traveling. However, long-standing casino operators struggled over the past five years, mainly due to an influx of new casino hotels in states that have eased bans on casinos. Tourism trends greatly affect casino revenue, as consumers are more likely to spend their income on gambling while on vacation or a weekend getaway. Rising domestic travel and international arrivals in the United States have benefited the industry as the global economy has improved over the past five years. Over the five years to 2024, the industry will continue to benefit from an improving economy and a growing social acceptance of gambling. The industry will continue to experience increasing pressure from new casino hotels as states look to casino revenue to boost struggling funds. Consumers seeking more interactive forms of entertainment, such as live shows and concerts, will also pose a threat to industry operators.

This industry consists of gambling facilities that offer table wagering games and other gambling activities, such as slot machines and sports betting. These establishments often provide food and beverage services. The industry also includes floating casinos (i.e. gambling cruises and riverboat casinos). Lotteries and Native American casinos (IBISWorld report 71329) and casinos that operate in conjunction with a hotel (IBISWorld report 72112) are not included in this industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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