Gambling and wagering represents a luxury purchase to most consumers, and therefore, the Lotteries and Native American Casinos industry is primarily driven by the state of the economy. As the economy began to pick up speed in 2011, consumers returned to treating themselves to luxuries, such as lottery tickets and trips to casinos. The industry has a diverse range of segments, all at different stages in their life cycle and with different growth rates. IBISWorld expects the industry to perform well over the next five years as growth in overall consumer spending remains steady.
This industry comprises establishments primarily engaged in operating gambling facilities (except casinos or casino hotels) or providing gambling services (such as lotteries).
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.