First Research US Industry Profile

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Gambling
SIC Codes: 7011, 7993, 7999
NAICS Codes: 7132, 72112
Last Quarterly Update: 6/10/2019
Companies in this industry operate gambling facilities or offer gaming activities. Major companies include US-based casino operators Las Vegas Sands, MGM Resorts, and Wynn Resorts, as well as Galaxy Entertainment (Hong Kong), SJM Holdings (Hong Kong), Tabcorp (Australia), International Gaming Technology (UK), and William Hill (UK).
The global gambling industry’s gross yield — gaming income minus payouts to winners — was more than $435 billion in 2017 and is expected to hit $500 billion by 2022, according to Global Betting & Gaming Consultants. Major casino gaming markets outside the US include Macau, Singapore, Australia, and South Korea. Revenue is expected to grow steadily as casinos continue to expand in new markets, specifically in Asia.
The US gambling industry includes more than 3,200 establishments with combined annual revenue of more than $100 billion. Major segments include about 460 commercial casinos, about 500 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.
Competitive Landscape
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 City.
The US gambling industry is concentrated: the top 50 companies account for about 60% of revenue. The casino hotel segment is highly concentrated: the top 50 companies account for about 80% of revenue.
Products, Operations & Technology
Gaming operators mainly provide a place or a means to play games of chance, where the odds of winning favor the "house." Popular casino games are slot ... plus:
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Finance & Regulation
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Regional & International Issues
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Human Resources
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

Historical Profiles (PDF format)

03/11/2019
12/10/2018
09/10/2018
06/11/2018
03/12/2018
12/04/2017
09/04/2017
06/05/2017
03/06/2017
11/28/2016
08/29/2016
05/23/2016
02/22/2016
11/16/2015
08/17/2015
05/18/2015
02/16/2015
11/17/2014
08/25/2014
05/26/2014
03/10/2014
12/02/2013
09/09/2013
06/17/2013
03/25/2013
12/17/2012
10/01/2012
07/09/2012
04/16/2012
01/09/2012
10/03/2011
06/27/2011
03/21/2011
12/06/2010
09/13/2010
06/07/2010
02/22/2010