Non-Hotel Casinos in the US
The Non-Hotel Casinos industry has been dealt a mixed hand over the past five years, 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. Rising domestic travel and international arrivals in the United States have benefited the industry as the global economy has improved. However, long-standing casino operators struggled over the past few years, mainly due to an influx of new casino hotels in states that have eased bans on casinos. New casinos cannibalized gambling revenue from destination casinos that have traditionally been gambling strongholds, as consumers chose to visit locations closer to home rather than traveling long distances to gamble. As a result of these mixed trends, industry revenue is forecast to grow at a slightly slower rate than during the current five-year period.
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). 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.