Casino Hotels Market Size, Trends and Insights By Type (Luxury Casino Hotels, Mid-Range Casino Hotels, Budget Casino Hotels), By Application (Leisure Travel, Business Travel, Event Hosting), By Service Offering (Gaming Facilities, Accommodation, Dining and Entertainment, Spa and Wellness Services, Event and Conference Services), By End Use (Individual Travelers, Groups, Corporate Clients, Tour Operators), By Distribution Channel (Online, Offline), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Reports Description
As per the current market research conducted by the CMI Team, the global Casino Hotels Market is expected to record a CAGR of 3.15% from 2024 to 2033. In 2023, the market size is projected to reach a valuation of USD 23.78 Billion. By 2033, the valuation is anticipated to reach USD 31.44 Billion.
The graph above indicates the total revenue from casinos which are not classified under casino hotels, the revenue of the employer firms paying federal income tax from 2019 to 2022. It is possible to observe the tendency of the decrease in revenue in 2020 which may probably be explained by the effects of the COVID-19 pandemic that resulted in casino shutdowns, decreased visitor traffic, and unfavorable economic conditions.
Revenue reduced from about $18,000 million in 2019 to about $14,000 million in 2020, which is related to the problems of the industry during the pandemic. Still, there is a remarkable improvement over the following years with revenues steadily increasing in 2021 and registering an all-time high of 19. 831 in 2022. This rebound further shows a strong sign of the casino sector as consumers’ mobility further increased and the demand for gaming and entertainment reopened.
Casino Hotels Market – Significant Growth Factors
The Casino Hotels Market presents significant growth opportunities due to several factors:
- Increasing Tourism and Entertainment Demand: The increased inclination towards leisure and entertainment travelling is highly contributing to the growth of casino hotels. Diversification and personalization of the offer is another reason why casino hotels gain more and more appeal among the guests, as more and more people look for high quality experiences and scopes for entertainment during their holidays. The emerging trend of experiential travelling is therefore giving casino hotels the aspect of popularity among travellers and entertainment enthusiasts.
- Rising Disposable Income: The widening of disposable income globally especially in the developing world is evident; it seeing more and more individuals embrace lavish lifestyles in areas such as travel and entertainment. Luxury casino hotels especially with appealing features are always in high demand as they cater to the highest class and provide the best services. Due to the kind of clients’ attraction, and performing a high number of purchases, casino hotels may be a lucrative investment for the operators interested in its popularity.
- Technological Advancements: Ongoing technological advancements in hospitality and gaming technologies, particularly the integration of online gaming with casino hotels, smart room systems and guest experiences are attracting more guests. Such advancements not only provide easier interaction but also better engagement creating appeal among technology driven millennial travelers and gamers.
- Expansion of Entertainment Options: The increasing trend of globalization of entertainment options within casino hotels like live shows, fine dining, exclusive events etc. has been contributing to increased demand with casino hotels acting as a one-stop shop for such multiple entertainment activities.
- Growth in Online and Hybrid Gaming: The rise in the popularity of online and hybrid gaming formats is driving demand for casino hotels, which provide an integrated experience of physical as well as digital games. Such hotels cater to the demands of a new breed of gamers, who seek the convenience of digital gaming and a social environment offered by physical games. The ability of these hotels to offer digital and live games is one of the major reasons behind their growing success.
- Regulatory Changes: Changing regulatory landscapes related to tourism and gambling are paving the way for development and growth opportunities within the casino hotels market in new geographies. With an increasing number of governments realizing the economic benefits that regulated gambling offers, they are providing access permissions to open up casinos, stimulating both innovation and growth. This regulatory support has enabled established players to expand themselves overseas.
- Increasing Infrastructure Development: Rapid infrastructure development, especially in tourist destinations is propelling the demand for casino hotels. As governments invest in building transport facilities, improving connectivity and urbanization, convenience to such casino destinations increases which further lures more customers into visiting them. The ongoing infrastructural developments in emerging markets of tourism are a major factor driving the growth of this market.
- Urbanization and Economic Growth: Rapid urbanization and economic growth, especially in emerging markets, are increasing the adoption of casino hotels as part of integrated resort developments. As urban centers expand and economies grow, the demand for luxury accommodations with entertainment amenities rises. Casino hotels, often part of larger urban development projects, benefit from these trends, driving market expansion.
Casino Hotels Market – New Launches and Acquisitions
The Casino Hotels Market has seen several new launches and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of product launches in the Casino Hotels Market include:
- In May 2024, Hard Rock Hotels and Casinos announced its intention to acquire Star Entertainment, signaling a potential major expansion in its global portfolio. This strategic move would strengthen Hard Rock’s presence in the Australian market and enhance its position as a leading player in the global casino and hospitality industry.
- In May 2024, Melco Resorts & Entertainment announced plans to launch a $1 billion integrated resort and casino, named “City of Dreams,” in Sri Lanka. This significant investment marks Melco’s expansion into the South Asian market, positioning the company as a key player in the region’s emerging gaming and hospitality industry. The development is expected to boost tourism and create a new entertainment hub in Sri Lanka.
- In February 2024, a UAE-based group launched a new casino resort in Georgia, offering a unique fractional ownership model with units available for $90,000. This innovative approach allows investors to own a share of the resort, blending luxury accommodations with investment opportunities. The launch positions the group as a pioneer in the region’s hospitality sector, combining gaming, leisure, and real estate investment.
These product launches and acquisitions helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Casino Hotels Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Casino Hotels Market | Sports Tourism Market | Ecotourism Market |
CAGR 3.15% (Approx) | CAGR 8.1% (Approx) | CAGR 12.1% (Approx) |
USD 31.44 Billion by 2033 | USD 1,050.6B Billion by 2032 | USD 770.3 Billion by 2033 |
Casino Hotels Market – Significant Threats
The Casino Hotels Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Economic Downturns: Economic recessions or downturns can significantly impact the hospitality industry, leading to reduced discretionary spending on travel and entertainment. During these periods, travelers may cut back on luxury expenditures, resulting in lower occupancy rates and decreased revenue for casino hotels. The economic uncertainty can also lead to delayed or canceled investments in new casino developments, affecting the market growth.
- Intense Competition: The Casino Hotels Market faces intense competition from both established brands and new entrants, leading to price wars, reduced profit margins, and the need for continuous innovation to attract and retain guests. This competitive pressure challenges operators to differentiate their offerings through unique experiences, superior service, and innovative amenities while maintaining profitability.
- Technological Obsolescence: Rapid advancements in technology, such as new gaming systems, smart hotel solutions, and digital customer engagement tools, could lead to the quick obsolescence of existing facilities and services. Casino hotels must continually invest in upgrading their technology to meet evolving guest expectations, which can strain resources and pose the risk of current offerings becoming outdated.
- Supply Chain Disruptions: Global supply chain disruptions, including delays in construction materials, technology imports, or essential supplies, can lead to increased operational costs and delays in opening new properties or renovating existing ones. These disruptions can impact the overall efficiency of operations and the ability to maintain a competitive edge in the market.
- Regulatory Challenges: Stricter regulations regarding gaming operations, environmental practices, and health and safety standards can lead to increased compliance costs and limitations on casino hotel offerings. Navigating these regulatory changes requires casino operators to adapt their practices and potentially redesign aspects of their services, which can incur additional costs and affect competitiveness.
- Pandemic Impact: The COVID-19 pandemic has had a profound impact on the Casino Hotels Market, with lockdowns, travel restrictions, and social distancing measures leading to a significant decline in tourism and gaming activities. The pandemic has highlighted vulnerabilities in global supply chains, labor shortages, and the reliance on physical customer presence, prompting casino hotels to rethink their business models and focus on recovery strategies.
Category-Wise Insights
By Type:
- Luxury Casino Hotels: Luxury casino hotels cater to high-end clientele, offering premium gaming experiences, lavish accommodations, and world-class amenities such as fine dining, spas, and exclusive entertainment. These establishments often feature opulent designs and personalized services, attracting affluent travelers and VIP guests. Wealthy tourists and business travelers seeking exceptional experiences and top-notch service are the main drivers of demand for luxury casino hotels.
- Mid-Range Casino Hotels: Mid-range casino hotels target a broader audience by offering comfortable accommodations and diverse gaming options at more affordable prices. These hotels often provide a balanced mix of amenities, including dining, entertainment, and recreational facilities, making them appealing to both leisure and business travelers. The mid-range segment is popular among tourists looking for value without compromising on quality.
- Budget Casino Hotels: Budget casino hotels cater to cost-conscious travelers who seek affordable accommodations with access to gaming facilities. While these hotels offer fewer amenities than luxury or mid-range options, they provide essential services such as basic lodging, casual dining, and accessible gaming opportunities. This segment is particularly attractive to budget travelers, young adults, and groups seeking a cost-effective casino experience.
By Application:
- Leisure Travel: Casino hotels are a popular choice for leisure travelers seeking entertainment, relaxation, and excitement. These guests typically visit casino hotels for vacations, weekend getaways, or special occasions, taking advantage of the gaming facilities, shows, dining options, and other recreational activities. The leisure travel segment is a major driver of demand for casino hotels, particularly in tourist destinations known for their vibrant casino culture.
- Business Travel: Business travelers often choose casino hotels for their blend of luxury and convenience, offering amenities such as conference rooms, business centers, and meeting facilities alongside entertainment options. These hotels cater to corporate clients attending meetings, conferences, and events, providing a professional yet engaging environment. The ability to combine business with leisure makes casino hotels an attractive option for business travelers.
- Event Hosting: Casino hotels are increasingly becoming preferred venues for hosting a variety of events, including weddings, conventions, and corporate functions. These hotels offer expansive event spaces, catering services, and entertainment options, making them ideal for large gatherings. The event hosting segment contributes significantly to the revenue of casino hotels, as they provide a unique and memorable setting for both personal and professional events.
By Service Offering:
- Gaming Facilities: Gaming facilities are the core offering of casino hotels, attracting guests with a wide range of options including slot machines, table games, poker rooms, and sports betting. The quality and variety of gaming experiences are key differentiators for casino hotels, driving customer satisfaction and repeat visits. Innovations in gaming technology and the integration of digital gaming options are also enhancing the appeal of these facilities.
- Accommodation: Casino hotels offer a range of accommodation options, from standard rooms to luxurious suites, catering to different budget levels and guest preferences. High-quality accommodations are essential for attracting and retaining guests, especially those who stay for extended periods. The level of comfort, service, and amenities provided in the accommodations significantly impact the overall guest experience.
- Dining and Entertainment: Dining and entertainment services are critical components of the casino hotel experience. These hotels often feature a variety of dining options, from casual eateries to gourmet restaurants, as well as entertainment venues hosting live shows, concerts, and performances. The ability to offer diverse and high-quality dining and entertainment experiences enhances the hotel’s appeal and encourages guests to spend more time on the property.
- Spa and Wellness Services: Many casino hotels offer spa and wellness services to complement their gaming and entertainment offerings. These services include massages, beauty treatments, fitness centers, and wellness programs, providing guests with opportunities for relaxation and rejuvenation. The inclusion of spa and wellness facilities helps casino hotels attract a broader audience, including health-conscious travelers and those seeking a holistic vacation experience.
- Event and Conference Services: Casino hotels often provide extensive event and conference services, catering to both personal and corporate events. These services include event planning, catering, audiovisual support, and large meeting spaces, making casino hotels a popular choice for weddings, conventions, and corporate meetings. The ability to host large-scale events enhances the hotel’s reputation and attracts a diverse range of clientele.
By End Use:
- Individual Travelers: Individual travelers, including both leisure and business guests, make up a significant portion of the casino hotel clientele. These guests often seek unique experiences, personalized services, and a comfortable stay. Casino hotels cater to individual travelers by offering a wide range of amenities and entertainment options, ensuring a memorable visit that encourages repeat business.
- Groups: Group bookings, such as those made for family reunions, weddings, or corporate retreats, are a major source of revenue for casino hotels. These hotels are well-equipped to accommodate groups, offering special packages, group discounts, and customized experiences. The ability to cater to the needs of large groups enhances the hotel’s attractiveness for various social and corporate events.
- Corporate Clients: Corporate clients often choose casino hotels for business travel, conferences, and incentive trips. These clients value the combination of professional facilities and entertainment options, which provide a balanced environment for work and relaxation. Casino hotels that offer comprehensive business services, such as meeting rooms, high-speed internet, and event coordination, are particularly appealing to corporate clients.
- Tour Operators: Tour operators often include casino hotels in their travel packages, attracting tourists who seek a mix of gaming, entertainment, and sightseeing. These partnerships help casino hotels reach a broader audience, particularly international tourists. By working closely with tour operators, casino hotels can offer bundled deals and special promotions, making them a key player in the global tourism market.
By Distribution Channel:
- Online: The online distribution channel includes direct bookings through the hotel’s website, third-party travel websites, and online travel agencies (OTAs). The convenience of online booking, along with the ability to compare prices and read reviews, makes this channel increasingly popular among travelers. Casino hotels that invest in a strong online presence and user-friendly booking platforms are better positioned to attract tech-savvy guests.
- Offline: The offline distribution channel includes bookings made through traditional means such as travel agents, phone reservations, and walk-ins. Despite the rise of online booking, offline channels remain important, particularly for older travelers or those who prefer personalized service. Casino hotels that maintain a balance between online and offline channels can cater to a wider demographic and ensure accessibility for all guests.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 23.78 Billion |
Projected Market Size in 2033 | USD 31.44 Billion |
Market Size in 2023 | USD 22.10 Billion |
CAGR Growth Rate | 3.15% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Type, Application, Service Offering, End Use, Distribution Channel and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Casino Hotels Market – Regional Analysis
The Casino Hotels Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: The Casino Hotels Market in North America is driven by a strong tourism industry, a high concentration of luxury resorts, and a thriving entertainment sector. The presence of major casino hotel operators, particularly in the U.S., significantly influences the market. Las Vegas and Atlantic City are pivotal in driving regional market growth, attracting millions of tourists each year with world-class gaming, entertainment, and hospitality offerings. Canada also contributes to the market, with a focus on integrating casino hotels into broader tourism and entertainment strategies. Technological innovations, such as digital gaming and AI-driven guest experiences, further enhance the market’s appeal.
- Europe: Europe’s Casino Hotels Market is substantial, particularly in countries like the UK, France, and Spain. The market is fueled by a rich cultural history of gaming and tourism, with prominent destinations like Monaco and London offering luxury casino experiences. The region’s strict regulations ensure a safe and controlled gaming environment, which attracts high-end travelers. Europe’s emphasis on combining cultural tourism with gaming experiences supports the demand for casino hotels. Additionally, the market benefits from ongoing investments in sustainable tourism practices and the modernization of historic gaming establishments, blending tradition with innovation.
- Asia-Pacific: Increasing disposable incomes, urbanization, and rising tourism are driving the region’s rapid growth in the casino hotels market. Countries like Macau, Singapore, and the Philippines are at the forefront of this growth, with significant investments in integrated resorts that combine gaming, hospitality, and entertainment. Macau, often referred to as the “Gambling capital of the world,” plays a pivotal role in driving the regional market. The region’s burgeoning middle class and growing interest in leisure activities contribute to the market’s expansion. Governments in the region support tourism and entertainment sectors, further fueling the demand for casino hotels.
- LAMEA: The Casino Hotels Market is expanding in the Latin America, Middle East, and Africa (LAMEA) region, with investments in infrastructure, rising tourism, and economic development driving this growth. Countries like Brazil, the UAE, and South Africa are key contributors to regional market growth, offering unique gaming experiences that blend local culture with global standards. The market benefits from government initiatives to boost tourism and entertainment industries, along with investments in luxury hospitality. Additionally, the region is seeing a growing interest in sustainable and eco-friendly tourism practices, which is influencing the design and operation of new casino hotels.
Competitive Landscape: Casino Hotels Market
The Casino Hotels Market is highly competitive, with a large number of operators and hospitality brands operating globally. Some of the key players in the market include:
- MGM Resorts International
- Caesars Entertainment Corporation
- Wynn Resorts
- Las Vegas Sands Corporation
- Melco Resorts & Entertainment
- Galaxy Entertainment Group
- SJM Holdings Limited
- Hard Rock International
- Genting Group
- Marina Bay Sands
- The Star Entertainment Group
- Boyd Gaming Corporation
- Sun International
- Crown Resorts
- Foxwoods Resort Casino
- Mohegan Sun
- Resorts World
- Bally’s Corporation
- The Venetian Macao
- City of Dreams Manila
- Others
These companies operate in the Casino Hotels Market through various strategies such as enhancing guest experiences, expanding through mergers and acquisitions, and forming strategic partnerships.
New players entering the Casino Hotels Market are adopting a variety of growth strategies to establish their presence and compete effectively with established brands. These strategies are designed to leverage technological advancements, meet evolving customer preferences, and create a competitive edge. New entrants often focus on developing unique and immersive experiences that blend luxury, entertainment, and gaming.
Customization of services to cater to specific guest demographics and targeting emerging tourism destinations are key approaches. Establishing competitive pricing, adopting a guest-centric approach, and integrating sustainable practices are also crucial. Additionally, there is a heightened focus on marketing and branding activities to build strong brand recognition and loyalty in the market.
The Casino Hotels Market is segmented as follows:
By Type
- Luxury Casino Hotels
- Mid-Range Casino Hotels
- Budget Casino Hotels
By Application
- Leisure Travel
- Business Travel
- Event Hosting
By Service Offering
- Gaming Facilities
- Accommodation
- Dining and Entertainment
- Spa and Wellness Services
- Event and Conference Services
By End Use
- Individual Travelers
- Groups
- Corporate Clients
- Tour Operators
By Distribution Channel
- Online
- Offline
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Casino Hotels Market (2024 – 2033) (USD Billion)
- 2.2 Global Casino Hotels Market: snapshot
- Chapter 3. Global Casino Hotels Market: Industry Analysis
- 3.1 Casino Hotels Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing Tourism and Entertainment Demand
- 3.2.2 Rising Disposable Income
- 3.2.3 Technological Advancements
- 3.2.4 Expansion of Entertainment Options
- 3.2.5 Growth in Online and Hybrid Gaming
- 3.2.6 Regulatory Changes
- 3.2.7 Increasing Infrastructure Development
- 3.2.8 Urbanization and Economic Growth.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Service Offering
- 3.7.4 Market Attractiveness Analysis By End Use
- 3.7.5 Market Attractiveness Analysis By Distribution Channel
- Chapter 4. Global Casino Hotels Market: Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Casino Hotels Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Casino Hotels Market: Type Analysis
- 5.1 Global Casino Hotels Market Overview: By Type
- 5.1.1 Global Casino Hotels Market Share, By Type, 2023 and 2033
- 5.2 Luxury Casino Hotels
- 5.2.1 Global Casino Hotels Market by Luxury Casino Hotels, 2024 – 2033 (USD Billion)
- 5.3 Mid-Range Casino Hotels
- 5.3.1 Global Casino Hotels Market by Mid-Range Casino Hotels, 2024 – 2033 (USD Billion)
- 5.4 Budget Casino Hotels
- 5.4.1 Global Casino Hotels Market by Budget Casino Hotels, 2024 – 2033 (USD Billion)
- 5.1 Global Casino Hotels Market Overview: By Type
- Chapter 6. Global Casino Hotels Market: Application Analysis
- 6.1 Global Casino Hotels Market Overview: By Application
- 6.1.1 Global Casino Hotels Market Share, By Application, 2023 and 2033
- 6.2 Leisure Travel
- 6.2.1 Global Casino Hotels Market by Leisure Travel, 2024 – 2033 (USD Billion)
- 6.3 Business Travel
- 6.3.1 Global Casino Hotels Market by Business Travel, 2024 – 2033 (USD Billion)
- 6.4 Event Hosting
- 6.4.1 Global Casino Hotels Market by Event Hosting, 2024 – 2033 (USD Billion)
- 6.1 Global Casino Hotels Market Overview: By Application
- Chapter 7. Global Casino Hotels Market: Service Offering Analysis
- 7.1 Global Casino Hotels Market Overview: By Service Offering
- 7.1.1 Global Casino Hotels Market Share, By Service Offering, 2023 and 2033
- 7.2 Gaming Facilities
- 7.2.1 Global Casino Hotels Market by Gaming Facilities, 2024 – 2033 (USD Billion)
- 7.3 Accommodation
- 7.3.1 Global Casino Hotels Market by Accommodation, 2024 – 2033 (USD Billion)
- 7.4 Dining and Entertainment
- 7.4.1 Global Casino Hotels Market by Dining and Entertainment, 2024 – 2033 (USD Billion)
- 7.5 Spa and Wellness Services
- 7.5.1 Global Casino Hotels Market by Spa and Wellness Services, 2024 – 2033 (USD Billion)
- 7.6 Event and Conference Services
- 7.6.1 Global Casino Hotels Market by Event and Conference Services, 2024 – 2033 (USD Billion)
- 7.1 Global Casino Hotels Market Overview: By Service Offering
- Chapter 8. Global Casino Hotels Market: End Use Analysis
- 8.1 Global Casino Hotels Market Overview: By End Use
- 8.1.1 Global Casino Hotels Market Share, By End Use, 2023 and 2033
- 8.2 Individual Travelers
- 8.2.1 Global Casino Hotels Market by Individual Travelers, 2024 – 2033 (USD Billion)
- 8.3 Groups
- 8.3.1 Global Casino Hotels Market by Groups, 2024 – 2033 (USD Billion)
- 8.4 Corporate Clients
- 8.4.1 Global Casino Hotels Market by Corporate Clients, 2024 – 2033 (USD Billion)
- 8.5 Tour Operators
- 8.5.1 Global Casino Hotels Market by Tour Operators, 2024 – 2033 (USD Billion)
- 8.1 Global Casino Hotels Market Overview: By End Use
- Chapter 9. Global Casino Hotels Market: Distribution Channel Analysis
- 9.1 Global Casino Hotels Market Overview: By Distribution Channel
- 9.1.1 Global Casino Hotels Market Share, By Distribution Channel, 2023 and 2033
- 9.2 Online
- 9.2.1 Global Casino Hotels Market by Online, 2024 – 2033 (USD Billion)
- 9.3 Offline
- 9.3.1 Global Casino Hotels Market by Offline, 2024 – 2033 (USD Billion)
- 9.1 Global Casino Hotels Market Overview: By Distribution Channel
- Chapter 10. Casino Hotels Market: Regional Analysis
- 10.1 Global Casino Hotels Market Regional Overview
- 10.2 Global Casino Hotels Market Share, by Region, 2023 & 2033 (USD Billion)
- 10.3. North America
- 10.3.1 North America Casino Hotels Market, 2024 – 2033 (USD Billion)
- 10.3.1.1 North America Casino Hotels Market, by Country, 2024 – 2033 (USD Billion)
- 10.3.1 North America Casino Hotels Market, 2024 – 2033 (USD Billion)
- 10.4 North America Casino Hotels Market, by Type, 2024 – 2033
- 10.4.1 North America Casino Hotels Market, by Type, 2024 – 2033 (USD Billion)
- 10.5 North America Casino Hotels Market, by Application, 2024 – 2033
- 10.5.1 North America Casino Hotels Market, by Application, 2024 – 2033 (USD Billion)
- 10.6 North America Casino Hotels Market, by Service Offering, 2024 – 2033
- 10.6.1 North America Casino Hotels Market, by Service Offering, 2024 – 2033 (USD Billion)
- 10.7 North America Casino Hotels Market, by End Use, 2024 – 2033
- 10.7.1 North America Casino Hotels Market, by End Use, 2024 – 2033 (USD Billion)
- 10.8 North America Casino Hotels Market, by Distribution Channel, 2024 – 2033
- 10.8.1 North America Casino Hotels Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 10.9. Europe
- 10.9.1 Europe Casino Hotels Market, 2024 – 2033 (USD Billion)
- 10.9.1.1 Europe Casino Hotels Market, by Country, 2024 – 2033 (USD Billion)
- 10.9.1 Europe Casino Hotels Market, 2024 – 2033 (USD Billion)
- 10.10 Europe Casino Hotels Market, by Type, 2024 – 2033
- 10.10.1 Europe Casino Hotels Market, by Type, 2024 – 2033 (USD Billion)
- 10.11 Europe Casino Hotels Market, by Application, 2024 – 2033
- 10.11.1 Europe Casino Hotels Market, by Application, 2024 – 2033 (USD Billion)
- 10.12 Europe Casino Hotels Market, by Service Offering, 2024 – 2033
- 10.12.1 Europe Casino Hotels Market, by Service Offering, 2024 – 2033 (USD Billion)
- 10.13 Europe Casino Hotels Market, by End Use, 2024 – 2033
- 10.13.1 Europe Casino Hotels Market, by End Use, 2024 – 2033 (USD Billion)
- 10.14 Europe Casino Hotels Market, by Distribution Channel, 2024 – 2033
- 10.14.1 Europe Casino Hotels Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 10.15. Asia Pacific
- 10.15.1 Asia Pacific Casino Hotels Market, 2024 – 2033 (USD Billion)
- 10.15.1.1 Asia Pacific Casino Hotels Market, by Country, 2024 – 2033 (USD Billion)
- 10.15.1 Asia Pacific Casino Hotels Market, 2024 – 2033 (USD Billion)
- 10.16 Asia Pacific Casino Hotels Market, by Type, 2024 – 2033
- 10.16.1 Asia Pacific Casino Hotels Market, by Type, 2024 – 2033 (USD Billion)
- 10.17 Asia Pacific Casino Hotels Market, by Application, 2024 – 2033
- 10.17.1 Asia Pacific Casino Hotels Market, by Application, 2024 – 2033 (USD Billion)
- 10.18 Asia Pacific Casino Hotels Market, by Service Offering, 2024 – 2033
- 10.18.1 Asia Pacific Casino Hotels Market, by Service Offering, 2024 – 2033 (USD Billion)
- 10.19 Asia Pacific Casino Hotels Market, by End Use, 2024 – 2033
- 10.19.1 Asia Pacific Casino Hotels Market, by End Use, 2024 – 2033 (USD Billion)
- 10.20 Asia Pacific Casino Hotels Market, by Distribution Channel, 2024 – 2033
- 10.20.1 Asia Pacific Casino Hotels Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 10.21. Latin America
- 10.21.1 Latin America Casino Hotels Market, 2024 – 2033 (USD Billion)
- 10.21.1.1 Latin America Casino Hotels Market, by Country, 2024 – 2033 (USD Billion)
- 10.21.1 Latin America Casino Hotels Market, 2024 – 2033 (USD Billion)
- 10.22 Latin America Casino Hotels Market, by Type, 2024 – 2033
- 10.22.1 Latin America Casino Hotels Market, by Type, 2024 – 2033 (USD Billion)
- 10.23 Latin America Casino Hotels Market, by Application, 2024 – 2033
- 10.23.1 Latin America Casino Hotels Market, by Application, 2024 – 2033 (USD Billion)
- 10.24 Latin America Casino Hotels Market, by Service Offering, 2024 – 2033
- 10.24.1 Latin America Casino Hotels Market, by Service Offering, 2024 – 2033 (USD Billion)
- 10.25 Latin America Casino Hotels Market, by End Use, 2024 – 2033
- 10.25.1 Latin America Casino Hotels Market, by End Use, 2024 – 2033 (USD Billion)
- 10.26 Latin America Casino Hotels Market, by Distribution Channel, 2024 – 2033
- 10.26.1 Latin America Casino Hotels Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 10.27. The Middle-East and Africa
- 10.27.1 The Middle-East and Africa Casino Hotels Market, 2024 – 2033 (USD Billion)
- 10.27.1.1 The Middle-East and Africa Casino Hotels Market, by Country, 2024 – 2033 (USD Billion)
- 10.27.1 The Middle-East and Africa Casino Hotels Market, 2024 – 2033 (USD Billion)
- 10.28 The Middle-East and Africa Casino Hotels Market, by Type, 2024 – 2033
- 10.28.1 The Middle-East and Africa Casino Hotels Market, by Type, 2024 – 2033 (USD Billion)
- 10.29 The Middle-East and Africa Casino Hotels Market, by Application, 2024 – 2033
- 10.29.1 The Middle-East and Africa Casino Hotels Market, by Application, 2024 – 2033 (USD Billion)
- 10.30 The Middle-East and Africa Casino Hotels Market, by Service Offering, 2024 – 2033
- 10.30.1 The Middle-East and Africa Casino Hotels Market, by Service Offering, 2024 – 2033 (USD Billion)
- 10.31 The Middle-East and Africa Casino Hotels Market, by End Use, 2024 – 2033
- 10.31.1 The Middle-East and Africa Casino Hotels Market, by End Use, 2024 – 2033 (USD Billion)
- 10.32 The Middle-East and Africa Casino Hotels Market, by Distribution Channel, 2024 – 2033
- 10.32.1 The Middle-East and Africa Casino Hotels Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- Chapter 11. Company Profiles
- 11.1 MGM Resorts International
- 11.1.1 Overview
- 11.1.2 Financials
- 11.1.3 Product Portfolio
- 11.1.4 Business Strategy
- 11.1.5 Recent Developments
- 11.2 Caesars Entertainment Corporation
- 11.2.1 Overview
- 11.2.2 Financials
- 11.2.3 Product Portfolio
- 11.2.4 Business Strategy
- 11.2.5 Recent Developments
- 11.3 Wynn Resorts
- 11.3.1 Overview
- 11.3.2 Financials
- 11.3.3 Product Portfolio
- 11.3.4 Business Strategy
- 11.3.5 Recent Developments
- 11.4 Las Vegas Sands Corporation
- 11.4.1 Overview
- 11.4.2 Financials
- 11.4.3 Product Portfolio
- 11.4.4 Business Strategy
- 11.4.5 Recent Developments
- 11.5 Melco Resorts & Entertainment
- 11.5.1 Overview
- 11.5.2 Financials
- 11.5.3 Product Portfolio
- 11.5.4 Business Strategy
- 11.5.5 Recent Developments
- 11.6 Galaxy Entertainment Group
- 11.6.1 Overview
- 11.6.2 Financials
- 11.6.3 Product Portfolio
- 11.6.4 Business Strategy
- 11.6.5 Recent Developments
- 11.7 SJM Holdings Limited
- 11.7.1 Overview
- 11.7.2 Financials
- 11.7.3 Product Portfolio
- 11.7.4 Business Strategy
- 11.7.5 Recent Developments
- 11.8 Hard Rock International
- 11.8.1 Overview
- 11.8.2 Financials
- 11.8.3 Product Portfolio
- 11.8.4 Business Strategy
- 11.8.5 Recent Developments
- 11.9 Genting Group
- 11.9.1 Overview
- 11.9.2 Financials
- 11.9.3 Product Portfolio
- 11.9.4 Business Strategy
- 11.9.5 Recent Developments
- 11.10 Marina Bay Sands
- 11.10.1 Overview
- 11.10.2 Financials
- 11.10.3 Product Portfolio
- 11.10.4 Business Strategy
- 11.10.5 Recent Developments
- 11.11 The Star Entertainment Group
- 11.11.1 Overview
- 11.11.2 Financials
- 11.11.3 Product Portfolio
- 11.11.4 Business Strategy
- 11.11.5 Recent Developments
- 11.12 Boyd Gaming Corporation
- 11.12.1 Overview
- 11.12.2 Financials
- 11.12.3 Product Portfolio
- 11.12.4 Business Strategy
- 11.12.5 Recent Developments
- 11.13 Sun International
- 11.13.1 Overview
- 11.13.2 Financials
- 11.13.3 Product Portfolio
- 11.13.4 Business Strategy
- 11.13.5 Recent Developments
- 11.14 Crown Resorts
- 11.14.1 Overview
- 11.14.2 Financials
- 11.14.3 Product Portfolio
- 11.14.4 Business Strategy
- 11.14.5 Recent Developments
- 11.15 Foxwoods Resort Casino
- 11.15.1 Overview
- 11.15.2 Financials
- 11.15.3 Product Portfolio
- 11.15.4 Business Strategy
- 11.15.5 Recent Developments
- 11.16 Mohegan Sun
- 11.16.1 Overview
- 11.16.2 Financials
- 11.16.3 Product Portfolio
- 11.16.4 Business Strategy
- 11.16.5 Recent Developments
- 11.17 Resorts World
- 11.17.1 Overview
- 11.17.2 Financials
- 11.17.3 Product Portfolio
- 11.17.4 Business Strategy
- 11.17.5 Recent Developments
- 11.18 Bally’s Corporation
- 11.18.1 Overview
- 11.18.2 Financials
- 11.18.3 Product Portfolio
- 11.18.4 Business Strategy
- 11.18.5 Recent Developments
- 11.19 The Venetian Macao
- 11.19.1 Overview
- 11.19.2 Financials
- 11.19.3 Product Portfolio
- 11.19.4 Business Strategy
- 11.19.5 Recent Developments
- 11.20 City of Dreams Manila
- 11.20.1 Overview
- 11.20.2 Financials
- 11.20.3 Product Portfolio
- 11.20.4 Business Strategy
- 11.20.5 Recent Developments
- 11.21 Others.
- 11.21.1 Overview
- 11.21.2 Financials
- 11.21.3 Product Portfolio
- 11.21.4 Business Strategy
- 11.21.5 Recent Developments
- 11.1 MGM Resorts International
List Of Figures
Figures No 1 to 37
List Of Tables
Tables No 1 to 127
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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Prominent Player
- MGM Resorts International
- Caesars Entertainment Corporation
- Wynn Resorts
- Las Vegas Sands Corporation
- Melco Resorts & Entertainment
- Galaxy Entertainment Group
- SJM Holdings Limited
- Hard Rock International
- Genting Group
- Marina Bay Sands
- The Star Entertainment Group
- Boyd Gaming Corporation
- Sun International
- Crown Resorts
- Foxwoods Resort Casino
- Mohegan Sun
- Resorts World
- Bally’s Corporation
- The Venetian Macao
- City of Dreams Manila
- Others
FAQs
The key factors driving the Market are Increasing Tourism and Entertainment Demand, Rising Disposable Income, Technological Advancements, Expansion of Entertainment Options, Growth in Online and Hybrid Gaming, Regulatory Changes, Increasing Infrastructure Development, Urbanization and Economic Growth.
The “Leisure Travel” had the largest share in the global market for Casino Hotels.
The “Luxury Casino Hotels” category dominated the market in 2023.
The key players in the market are MGM Resorts International, Caesars Entertainment Corporation, Wynn Resorts, Las Vegas Sands Corporation, Melco Resorts & Entertainment, Galaxy Entertainment Group, SJM Holdings Limited, Hard Rock International, Genting Group, Marina Bay Sands, The Star Entertainment Group, Boyd Gaming Corporation, Sun International, Crown Resorts, Foxwoods Resort Casino, Mohegan Sun, Resorts World, Bally’s Corporation, The Venetian Macao, City of Dreams Manila, Others.
“North America” had the largest share in the Casino Hotels Market.
The global market is projected to grow at a CAGR of 3.15% during the forecast period, 2024-2033.
The Casino Hotels Market size was valued at USD 23.78 Billion in 2024.