Market Research Report - 262396
Analyzing the Global Casinos & Gambling Industry
|Published by||Aruvian's R'search|
|Published||Content info||315 Pages|
|Analyzing the Global Casinos & Gambling Industry|
|Published: February 1, 2013||Content info: 315 Pages||
The global industry for casinos and gaming holds down a current net worth of over $125 billion. Since early 2008, the center of the casinos and gaming has progressively shifted from Las Vegas and Atlantic City to Macau in China. This shift of the industry's activities to Asia is expected to continue. Assisting the shift has been the recent casino openings in Macau. More casino openings are expected in other parts of Asia in the near term. Singapore, with its two mega-casino developments, has already made a significant splash to the extent of rivaling Las Vegas. However, Chinese Government activities, along with other Asian countries, limit domestic access to their casinos and thus these casinos are highly reliant on international and particularly VIP tourist gaming revenue.
The industry at the moment is in a growth phase. This is driven by the introduction of legislation by governments that formerly banned casinos to operate and the lifting of some bans on foreign investment and ownership of casinos. Also relevant is the emergence of many new establishments in these areas which are mega-casinos with hotels and other major entertainment elements attached to attract their domestic as well as international guests.
SJM Holdings Limited, Las Vegas Sands Corporation, Caesars Entertainment Corp. and MGM Resorts International are the top players in the industry. The global economic recovery in 2010 is estimated to have boosted industry performance across most regions, particularly in China and Asia. These regions have not suffered as much as some developed nations from the ill effects of the global recession and associated substantial rise in unemployment. Furthermore, recent major player consolidations, largely in the United States and United Kingdom, and global expansion by major players have encouraged employment growth. The fall in revenue was also associated with a massive rise in competition, particularly for international high rollers, especially from online casinos and gaming, and some other forms of wagering and gaming.
Aruvian Research analyzes the Global Casinos & Gambling Industry in its report Analyzing the Global Casinos & Gambling Industry. The report begins with an industry definition and moves on to the complete industry analysis. An analysis of the Global Casinos & Gaming Industry is the first section of the report. In this section we look at industry statistics, industry value, industry segmentation by categories and region, as well as regulatory framework governing the global casinos and gaming industry. Industry competition is also analyzed in this section.
Following an analysis of the global casinos and gaming industry, we analyze the global casinos and online gambling industry. In this section we look at industry statistics, industry revenue growth, industry segmentation and the major products & services of online gambling and other services. We also analyze the major regions, industry trends, market share, industry competition and a look at what the future holds for the global casinos and online gambling industry.
Next we analyze the factors that impact the global casinos and gambling industry such as mergers and acquisitions, the impact of regulations in various countries, factors driving demand in the industry, industry costs, industry globalization, and the high barriers to industry entry, amongst other factors.
Moving on we analyze online and mobile gambling versus traditional gambling. We also analyze the industry statistics for the global online gambling industry along with value analysis, industry segmentation and a forecast for the global online gambling industry.
Major markets analyzed in the report include Australia, Belgium, Canada, China, France, Germany, Italy, Japan, Netherlands, Spain, UK and the US. We also analyze the gambling industry in Las Vegas and Macau in-depth.
A forecast for the global casinos and gambling industry till 2016 is included in the report. This report from Aruvian Research also analyzes 45 major players in the global casinos and gambling industry.