Global Casino Hotel Market Growth (Status and Outlook) 2023-2029

Global Casino Hotel Market Growth (Status and Outlook) 2023-2029

A casino hotel is an establishment consisting of a casino with temporary lodging provided in an on-premises hotel. Customers receive the benefits of both gambling facilities and lodging. Since the casino and hotel are located on the same premises, a gambler's necessities can be provided for in one location.

The casino may offer common forms of gambling including slot machines, table games, and sports betting. The hotel, nearby or directly connected to the casino, provides lodging and may include other popular services such as food and beverages, valet parking, a swimming pool, health club, and on-site entertainment. Many casino hotels in popular destinations such as the Las Vegas Strip and Atlantic City, New Jersey, operate as resort hotels with additional services such as upscale lodgings, ballrooms, and large conference facilities. Such establishments recruit their gambling accommodations with workers to manage not only all the game processes but also more common entertainment elements for which they need choreographers, conjurers, and streamers.

LPI (LP Information)' newest research report, the “Casino Hotel Industry Forecast” looks at past sales and reviews total world Casino Hotel sales in 2022, providing a comprehensive analysis by region and market sector of projected Casino Hotel sales for 2023 through 2029. With Casino Hotel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Casino Hotel industry.

This Insight Report provides a comprehensive analysis of the global Casino Hotel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Casino Hotel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Casino Hotel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Casino Hotel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Casino Hotel.

The global Casino Hotel market size is projected to grow from US$ 22800 million in 2022 to US$ 21260 million in 2029; it is expected to grow at a CAGR of -1.0% from 2023 to 2029.

Global key players of Casino Hotel include MGM Resorts, Caesars Entertainment, Las Vegas Sands, etc. Global top three players hold a share about 15%. Europe is the largest market of Casino Hotel, holds a share over 35%. In terms of product, the land casino Hotel holds a larger segment, with a share over 90%. And in terms of application, the largest application is tourist, with a share of over 50%.

This report presents a comprehensive overview, market shares, and growth opportunities of Casino Hotel market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Sea Casino Hotel
Land Casino Hotel

Segmentation by application
Tourist
Gambler
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Caesars Entertainment
MGM Resorts
Las Vegas Sands
Wynn Resorts
Galaxy Entertainment
Melco Resorts & Entertainment
SJM Holdings
Penn National Gaming
Boyd Gaming

Please note: The report will take approximately 2 business days to prepare and deliver.