$22.7bn
$X.Xbn
74,425
242
$X.Xbn
Non-hotel casinos have struggled over the past five years, mainly because of an influx of new casino hotels in states that have eased restrictions on casinos. Increased competition has placed pressure on profit, and the outbreak of COVID-19 forced many casinos to close temporarily, resulting in revenue plummeting an estimated 22.1% in 2020 alone.
Industry revenue has grown at a CAGR of 1.5 % over the past five years, to reach an estimated $22.7bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Caesars Entertainment, Inc. | 5,795.8 | 1,087.9 | 18.8 | |
Penn National Gaming, Inc. | 1,722.1 | 294.6 | 17.1 |
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Industry revenue is measured across several distinct product and services lines, including Food and beverages, Table wagering games and Gambling machines. Food and beverages is the largest segment of the Non-Hotel Casinos in the US.
Gambling machines are the most popular at casinos
This industry consists of gambling facilities that offer table wagering games and other gambling activities, like slot machines and sports betting. These establishments often provide food and beverage services. The industry also includes floating casinos (i.e., gambling cruises and riverboat casinos). Not included in this industry are Lotteries and Native American casinos (IBISWorld report 71329) and casinos that operate in conjunction with a hotel (IBISWorld report 72112).
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NAICS 71321 - Non-Hotel Casinos in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Casinos have become an increasingly popular way for cash-strapped states to raise funds. State governments have legislated to permit new forms of gambling, contributing to re...
Learn about an industry's products and services, markets and trends in international trade.
Slot machines are the most popular form of gambling machines. Gambling machines tend to be less high-risk and typically enable people to play with a low initial investment.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Legislative and regulatory benefits in the West region have enabled this industry to develop and expand. Las Vegas used casinos as a central force to drive city growth.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Casinos compete based on location. Many establishments reside centrally in regions like Las Vegas, where people may travel to partake in gaming and other leisure-type activit...
Learn about the performance of the top companies in the industry.
Caesars Entertainment is a public company headquartered in Nevada. Its largest market share is in the Non-Hotel Casinos industry, where the company accounts for an estimated ...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
In 2018, the US Supreme Court struck down a federal ban on sports betting. The Supreme Court of the United States is the highest tribunal in the nation for all cases arising ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Many staff members may have higher wages if the services require specialized skills and training. Wages will decline as casinos add more gaming machines and other technologie...
Including values and annual change:
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Key data sources in the US include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
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The market size of the Non-Hotel Casinos in the US industry in United States is $22.7bn in 2024.
There are 242 businesses in the Non-Hotel Casinos in the US industry in United States, which has grown at a CAGR of 3.4 % between 2019 and 2024.
The market size of the Non-Hotel Casinos in the US industry in United States has been growing at a CAGR of 1.5 % between 2019 and 2024.
Over the next five years, the Non-Hotel Casinos in the US industry in United States is expected to grow.
The biggest companies operating in the Non-Hotel Casinos market in United States are Caesars Entertainment, Inc. and Penn National Gaming, Inc.
Operating gambling facilities and Operating floating casinos are part of the Non-Hotel Casinos in the US industry.
The company holding the most market share in United States is Caesars Entertainment, Inc..
The level of competition is high and increasing in the Non-Hotel Casinos in the US industry in United States.