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.Hit the Jackpot: Online Betting Popularity is Anticipated to Continue to Grow
The Casino Hotels industry is made up of operators that primarily provide short-term lodging in hotel facilities with a casino on the premises. The industry is considered a nonessential business and felt the full effects of the COVID-19 (coronavirus) pandemic as operators were forced to shut down. However, some operators were able to limit losses due to the growing popularity in online gaming. Despite the industry growing most years in the period, industry revenue has declined at a CAGR of 0.2% to $80.9 billion over the past five years, including a 2.7% increase in 2023.
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.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Mgm Resorts International
- Caesars Entertainment, Inc.
Methodology
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