Australia Casino Tourism Market Poised for 6.8% Annual Growth, Reaching US$ 27,779 Million by 2032 | FMI

The Australia casino tourism market is estimated to reach US$ 15,366 Million in 2022. As per the report, sales are forecast to increase at a robust 6.8% CAGR, with the market valuation reaching US$ 27,779 Million by 2032.

Due to its abundance of natural resources, geographical beauty, and sunshine, Australia is frequently referred to as the “Fortunate country,” and as a result, travellers from all over the world travel there to view famous sites like the Sydney Opera House, Uluru, and the Great Barrier Reef. You’ll be surprised to learn where most of our visitor’s travel, despite the fact that none of these renowned attractions even come close to competing with Australia’s most popular travel locations.

The most visited place in Australia, according to a list of the top 100 tourist attractions in the world, is Crown Casino Melbourne. This is so that Australian casinos are not subject to the consumer paying casino tax out of their winnings as is the case in the United States. Australian casinos provide a lot more than just places to play games of chance, too.

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The majority of the gaming venues in Australia were founded to boost tourism. Numerous tourists come to the nation each year to gamble, demonstrating the effectiveness of this tactic. Many people think that these tourists spend thousands of dollars before leaving for their own nations. Because so many people gamble in the nation and so many visitors travel there every year, job prospects in the gaming business have increased.

In Australia, the States have traditionally made gambling policy decisions rather than the Commonwealth. Gambling services are regulated and provided by state and municipal governments, who heavily rely on the accompanying tax revenue. But because of recent developments, the Commonwealth has recently been more interested in this region. In response to widespread concern over gambling’s effects on Australian society, the Commonwealth commissioned the Productivity Commission to conduct a study. The commission’s findings have spurred additional debate.

 “Online gambling’s impact on taxes and ability to generate income are the main elements propelling the market’s expansion in Australia.” Says an FMI analyst.

 Key Takeaways:

  • Through 2032, Video poker and slot machines are referred to as “pokies.” Pokies are expected to hold a significant market share in terms of Game type.
  • Age-wise, through 2032, demand will continue to increase in the 50 to 65-year-old range.
  • Nearly 20 million tourist visit Australia for casinos every year.
  • Based on type of tourist, International tourists will continue to grow in the forecasted period. Chinese visitors are actually the most common among them.
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Leading players operating in the Australia Casino Tourism Market:

  • Casino Travel
  • Trip Advisor
  • Expedia
  • Klook
  • Treasury casino
  • Rocky gap resort
  • Australia tour packages
  • Kesari tours
  • Thomas cook

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Future Market Insights, in its new offering, provides an unbiased analysis of the Australia Casino Tourism Market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032.

The study divulges compelling insights on Australia Casino Tourism Market by Game Type (3 Card Poker, American Roulette, Blackjack, Casino Stud Poker, Dice, Punto Banco, and Others) Casino Type (Commercial, Tribal, Limited Stakes, and I-gaming) End Users (Gambling Enthusiasts, Social Exuberant, Dabblers, Lottery Loyalists, Unengaged Audience) Age Group (18-25 Years, 25-35 Years, 35-50 Years, 50-65 Years and 65 Years and Above) Tourist Type (Domestic and International) Consumer Orientation (Men and Women) Tour Type (Independent Traveller, Package Traveller and Tour Group) – Forecast to 2022 – 2032.

Australia Casino Tourism Market by Category

By Game Type, Australia Casino Tourism Market is segmented as:

  • 3 Card Poker
  • American Roulette
  • Blackjack
  • Casino Stud Poker
  • Dice
  • Punto Banco
  • Others

By Casino Type, Australia Casino Tourism Market is segmented as:

  • Commercial
  • Tribal
  • Limited Stakes
  • I-gaming

By End Users, Australia Casino Tourism Market is segmented as:

  • Gambling Enthusiasts
  • Social Exuberant
  • Dabblers
  • Lottery Loyalists
  • Unengaged Audience

By Age Group, Australia Casino Tourism Market is segmented as:

  • 18-25 Years
  • 25-35 Years
  • 35-50 Years
  • 50-65 Years
  • 65 Years and Above

By Tourist Type, Australia Casino Tourism Market is segmented as:

  • Domestic
  • International

By Consumer Orientation, Australia Casino Tourism Market is segmented as:

  • Men
  • Women

By Tour Type, Australia Casino Tourism Market is segmented as:

  • Independent Traveller
  • Package Traveller
  • Tour Group

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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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