Gambling Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 8/17/2015
SIC Codes: 7011, 7993, 7999
NAICS Codes: 7132, 72112
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Gambling Industry Profile

Companies in this industry operate gambling facilities or offer gaming activities. Major companies include US-based casino operators Caesars Entertainment, Las Vegas Sands, and MGM Resorts, as well as Galaxy Entertainment and SJM Holdings (Hong Kong), Tatts Group (Australia), and UK-based IGT and William Hill.

Worldwide, gambling generates more than $450 billion in annual revenue, according to Global Betting & Gaming Consultants. Major casino gaming markets outside the US include Macau, Singapore, Australia, and South Korea. As gambling continues to expand in new markets, particularly in Asia, global industry revenue is expected to exceed $525 billion by 2019.

The US gambling industry includes about 3,000 establishments with combined annual revenue of about $95 billion. Major segments include about 500 commercial casinos, about 475 Indian casinos, and more than 40 state lotteries, as well as bingo parlors, off-track betting facilities, electronic betting arcades, and sports bookmakers. The casino operations of casino resorts and hotels are included in the industry.


Demand for gambling is driven by consumer income growth and state spending. The profitability of individual companies depends on efficient operations and effective marketing. Large operators have the financial resources to make significant investments in facilities and efficient computer operations; they may also enjoy cross-marketing opportunities. Small gambling facilities can thrive by catering to local residents, who may not be able to afford travel to such gambling centers as Las Vegas or Atlantic ...

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