Casino Hotels in the US - Industry Market Research Report

Casino Hotels in the US - Industry Market Research Report

  • August 2021 •
  • 45 pages •
  • Report ID: 199185 •
  • Format: PDF
High roller: The industry will likely recover due to economic improvements and growing social acceptance


Casino Hotels in the US
The Casino Hotels industry has grown gradually over the five years to 2019. Domestic competition has increased during the current period, as states that did not previously permit gambling loosened regulations. Meanwhile, competition from international gaming capitals that attract operators by offering tax exemptions for new establishments, such as Macau, remain significant. Despite these challenges, industry revenue has increased over the past five years. Driven by growth in consumer spending, both the number of domestic trips taken by US residents and inbound trips by non-US residents have increased substantially over the past five years, further facilitating revenue growth. Additionally, many states have authorized the opening of new casinos to promote tourism and collect gaming taxes. Over the five years to 2024, industry revenue is forecast to continue to rise. The industry will likely continue to benefit from consistent improvements in the economy and growing social acceptance of gambling practices during the outlook period.

This industry is made up of operators that primarily provide short-term lodging in hotel facilities with a casino on the premises. The casino on the premises includes table-wagering games and may also offer other gambling activities such as slot machines and sports betting. These businesses generally offer a range of services and amenities, such as food and beverages, entertainment, valet parking, swimming pools and conference and convention facilities.

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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