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High stakes: The industry will diversify away from its traditional stronghold in Nevada



Abstract

Casino Hotels in the US

The Casino Hotels industry has been a mixed bag over the five years to 2016, as a raft of new casinos have been built in states not traditionally associated with gambling. New competition in surrounding states has been the death knell for casino hotels that have traditionally faced little competition and drawn visitors from out of state. Over the past five years, new casinos have opened as states attempted to increase revenue streams to fund depressed budgets and attract tourism. The industry will benefit from an improving economy and the growing societal acceptance of gambling over the five years to 2021. The industry will continue to expand away from its traditional stronghold of Nevada and New Jersey to new states that seek casinos for the easy tax revenue stream that gambling provides.


This industry is made up of establishments 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 include other gambling activities, such as slot machines and sports betting. These establishments generally offer a range of services and amenities, such as food and beverage services, 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.



Related Reports

Non-Hotel Casinos in the US

Hotels & Motels in the US



International Reports

Global Casinos & Online Gambling

Casinos in Australia

Table Of Contents

Casino Hotels in the US - Industry Market Research Report

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 and MARKETS
Supply Chain
Products and 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 Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

MGM Resorts International

Caesars Entertainment Corporation

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