Resorts Casino- Market Scope
The presence of gambling facilities in a recreational facility defines a casino. Casino resorts may include hotel facilities for their patrons. A hotel, on the other hand, is a facility that provides lodging, whether on a short or long term basis. The end users benefit from both gambling facilities and lodging. The casino and Resorts are both on the same property. Slot machines, table games, sports betting, and other forms of gambling are available at the casino. In the current market situation, the gambling industry is shifting towards online platforms, which is posing a significant challenge to the casino Resorts industry. Online gambling is also becoming increasingly popular due to factors such as convenience. Marketing operating companies are investing significantly in market initiatives aimed at a younger demographic.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Resorts World Casino (United States), MGM Resorts International (United States), PECHANGA RESORT CASINO (United States), Tulalip Tribes. (United States), Sun International (South Africa), TURNING STONE RESORT CASINO, LLC. (United States), VIEJAS CASINO & RESORT (United States), MORONGO CASINO RESORT & SPA (United States), Barona Resort & Casino (United States), del Lago Resort & Casino (United States), Pala Casino Spa Resort. (United States), Fantasy Springs Resort Casino (United States), Fortune Bay Resort Casino (United States) and Fallsview Casino Resort. (Canada) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Resorts Casino- market throughout the predicted period.
Resorts World Casino (United States), MGM Resorts International (United States), PECHANGA RESORT CASINO (United States), Tulalip Tribes. (United States), Sun International (South Africa), TURNING STONE RESORT CASINO, LLC. (United States), VIEJAS CASINO & RESORT (United States), MORONGO CASINO RESORT & SPA (United States), Barona Resort & Casino (United States), del Lago Resort & Casino (United States), Pala Casino Spa Resort. (United States), Fantasy Springs Resort Casino (United States), Fortune Bay Resort Casino (United States) and Fallsview Casino Resort. (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are GRATON RESORT & CASINO (United States), Agua Caliente Casinos (United States), Cache Creek Casino Resort (United States), SANDIA RESORT & CASINO (United States), Island Resort & Casino. (United States) and Solaire Resort & Casino (Philippines).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Resorts Casino- market , by Application (Tourist, Gambler and Others) and Region with country level break-up.
On the basis of geography, the market of Resorts Casino- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
On 8 June 2021, Global Payments Gaming Solutions announced that Viejas Casino & Resort has successfully launched the patented-VIP Mobility, the industry’s first mobile solution enabling true cashless casino gaming. and On 31 March 2022, CPI is pleased to announce a new partnership with Viejas Casino and Resort in Alpine, CA. Viejas players can employ mobile payment methods as a result of the casino’s decision to upgrade their entire slot floor with SC AdvanceTM banknote validators and Easitrax Connect software.
Market Trend
- Improved Lifestyle Due To Standard Of Living
- Development Of The Casino And Gaming Sector
Opportunities
- Increase In Popularity Of Resorts Casino In Developing Countries
- Untapped Market Of Different Nation
- Highly Spending On Outing And Entertainment Has Aided The Casino Resorts Industry
Restraints
- Unfavorable Regulatory Guidelines For Gambling
Challenges
- Increase In Availability Of Online Gambling
- Concerns Regarding Gambling Frauds
Key Target Audience
New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others