- Commercial
- Tribal
- Limited Stakes
- Online Gaming
Casino Tourism Market size was valued at USD 129.5 Billion in 2022 and is expected to reach USD 145.7 Billion in 2028, growing at an 8.9% CAGR from 2023 to 2029. Casino tourism is travelling to different countries to enjoy casinos while also having a holiday. Cities popular with tourists can expect to generate more revenue from land-based casinos, offline casinos grow rapidly in the market, the casino generates hundreds of jobs and increases in the city revenue. The casino market is segmented into various casino types such as commercial, tribal, limited stakes and online gambling. The rise in the covid cases and lockdown increased online casino market around the world. In most cases land based casino combine hotels, nightclubs, cafes, entertainment centres and shopping centres, the marketing tactics applied by the online gambling and offline casinos results increase in the number of casinos lover, these are major factor that drive the casino market. Small countries are more depended on such tourism, create new opportunity in small country to grow their market in the casino tourism industry. Geographically, North America held the major market share in 2021 and is expected to dominate the casino tourism market in the forecasted years.
Recent Casino Tourism Market Key Developments:
In March 2022, Boyd Gaming Corporation announced that its wholly-owned subsidiary, Boyd Interactive Gaming Inc., has entered into a definitive agreement to acquire Pala Interactive LLC and its subsidiaries for total cash consideration of $170 million.
Casino Tourism Market Summary
Study Period
2023 – 2029
Base Year
2022
CAGR
8.9%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Casino Tourism Market Dynamics
The increasing prevalence of gambling enthusiasts in the world is the major market driver in the Casino Tourism Market during the forecast period. Casino market is based on various platforms such is online and offline market. Offline based casino is more beneficial in revenue generation due to they are combined with hotels, restaurants, entertainment area, nightclubs which creates more revenue in the market, small countries are inviting key players to invest in casino market in the region to creates new jobs and increase in the overall revenue in the country. Hence, this are the major factor that drive the casino tourism market.
Asia-Pacific Got Significant Share
Casino Tourism Market
Based on regions, the market share is segmented into North America, Asia-pacific, Europe, and the Middle East, and the African region. The casino tourism market in the Asia Pacific holds a significant revenue share in 2022, and, in the following years, it is predicted to increase rapidly. It is attributed to the increasing number of inaugurating new casinos in the region and rapidly growing well-developing in the tourism market in the region results to increase in the number of demands for land-based casino market. North America is holding the major market share in the global market and is expected to dominate the market in the upcoming years due to global key players in this region. U.S., Las Vegas, Atlantic city are the major places for the Casino tourism market which holds the maximum revenue in the region.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Casino Tourism Market Segmentation
By Type
By Game
- 3 Card Poker
- American Roulette
- Black Jack
- Casino Stud Poker
- Others
By End User
- Casino Enthusiasts
- Social Exuberant
- Dabblers
- Lottery Loyalists
- Others
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
LOCATION
Geography
Frequently Asked Questions
The casino tourism market size was valued at USD 129.5 Billion in 2022 and expected to grow significantly at a CAGR of 8.9% from 2023 to 2029.
The casino tourism market is segmented on casino type are Commercial, Tribal, Limited Stakes and Online Gaming.
The leading players in the Casino Tourism Market are; 888 Holdings Plc, Boyd Gaming Corporation, Caesars Entertainment Corporation, City of Dreams Manila, Delaware Park Racetrack & Slots, Dover Downs Hotel & Casino, Eldorado Resort Casino, Foxwoods Resort Casino, Galaxy Entertainment Group Ltd, Golden Nugget Atlantic City, Harrington Raceway & Casino, LC International Limited (Ladbrokes)- Las Vegas Sands, MGM Resorts International, Palms Casino Resort, Penn National Gaming, Inc
Historic years considered for the market study are 2018 through 2022, 2022 is considered as the base year for market estimation and Seven years forecast presented from 2023 – 2029.
- 888 Holdings Plc
- Boyd Gaming Corporation
- Caesars Entertainment Corporation
- City of Dreams Manila
- Delaware Park Racetrack & Slots
- Dover Downs Hotel & Casino
- Eldorado Resort Casino
- Foxwoods Resort Casino
- Galaxy Entertainment Group Ltd
- Golden Nugget Atlantic City
- Harrington Raceway & Casino
- LC International Limited (Ladbrokes)- Las Vegas Sands
- MGM Resorts International
- Palms Casino Resort
- Penn National Gaming, Inc
- Philippines Amusement and Gaming Corporation (PAGCOR)- Resorts World Manila
- SJM Holdings Ltd
- Station Casinos
- The Strat Hotel, Casino and SkyPod
- William Hill PLC
- Wynn Resorts Limited