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Analyzing the Casinos & Gambling Industry in Australia

Australia casinos market: 2009 economic crisis hits industry hard


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2014-03-05 07:47:01 - Analyzing the Casinos & Gambling Industry in Australia - a new market research report on companiesandmarkets.com

The Australia casinos market has faced a bit of downturn since the global economic meltdown in 2009. There are currently 13 casinos located in Australia, providing an extensive range of table and electronic games, as well as non-gaming services and facilities. Despite all the industry had to face, it has continued to make it through the hard times and have resulted with moderate growth in the past years. It is likely to continue with the same momentum in the coming five years ahead down the road. Wrest Point Hotel Casino (Hobart), SKYCITY Darwin and Burswood Entertainment Complex (Perth) are few of the biggest casinos in Australia while Federal Group, SKYCITY Entertainment Group Limited and Tabcorp Holdings Limited being the established

 

 

players in the industry at the moment. Over the next three years Australia´s casinos are planning a number of major capital works projects valued at just under $1.5 billion. Australia´s casinos vary significantly in scale and scope -- some casinos focus on gaming activities, whereas other casinos are integrated entertainment complexes, featuring hotels, restaurants, bars and even golf courses. The services and entertainment offered by casinos attract millions of visitors each year from their city, state, interstate and overseas. Casinos are a key provider of tourism infrastructure, including hotels, restaurants and conference facilities that raise Australia´s profile as a tourism destination. This infrastructure also supports major international events such as the Australian Grand Prix, the Spring Racing Carnival, and the Hopman Cup. The casino industry is highly capital intensive, with casino development a catalyst for urban regeneration in a number of cities. Report ScopeThis report analyzes the Casinos and Gambling Industry in Australia in its report Analyzing the Casinos & Gambling Industry in Australia. We begin with an analysis of the global casinos and gaming industry through an industry overview, industry value analysis, industry segmentation, regulatory framework, industry competition and an industry outlook. We also analyze the factors that are impacting the global casinos and gambling industry such as regulations, mergers & acquisitions, international trade, industry globalization, amongst others. Moving on to the analysis of the casinos and gaming industry in Australia, we analyze the industry through an industry overview, industry value analysis, industry segmentation, industry competition and a future perspective.An analysis of the major players in the global casinos & gambling industry as well as the major players in the Australian industry is included in the report.

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