According to recently published statistics by Future Market Insights (FMI), the China casino tourism market is anticipated to grow at a compound annual growth rate (CAGR) of 8.1% from 2022 to 2032, from an expected US$ 10.234 million in 2022 to US$ 22.30 million by 2032.
Online gambling is the practice of wagering on casinos and other sports-related events through the use of the Internet. Since computer programs regulate the activity, there is no physical interaction between players when playing online. Sports betting, blackjack, poker, roulette, and slot machines are just a few examples of the games that may be played online.
These games can be accessible through a website or downloaded using gambling software on a computer. Due to its accessibility from any smart device, cashless transactions, real-time gambling experience, and ability to set players’ own spending limits, online gambling has become extremely popular in China.
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The legalization of online gambling in China is the main factor driving the industry for this type of gambling. To regulate and police online poker, casinos, and sports betting businesses, the government has adopted new rules and regulations. Consumer interactions with domestic and foreign gambling websites and mobile applications are developing as a result of expanding internet access and increased urbanization.
Key Takeaways:
- Through 2032, Punto Banco is expected to hold a significant market share in terms of Game type.
- Age-wise, through 2032, demand will continue to increase in the 35 to 50-year-old range.
- Nearly 15 million tourist visit China for casinos every year.
- Based on type of tourist, International tourists will continue to grow in the forecasted period.
Key Players
- Thrillophilia.com
- Kayak
- Travel Triangle
- Veena World
- Milesandsmilesholidays
- Tripadvisor
- TourRadar
- Holidify Travels Pvt. Ltd.
- Agoda
- Yatra.com
- chinadiscovery.com
- Expedia, Inc. (as per request)
The China Casino Tourism Market by Category
By Game Type:
- 3 Card Poker
- American Roulette
- Blackjack
- Casino Stud Poker
- Dice
- Punto Banco
- Others
By Casino Type:
- Commercial
- Tribal
- Limited Stakes
- I-gaming
By End Users (% of Demand):
- Gambling Enthusiasts
- Social Exuberant
- Dabblers
- Lottery Loyalists
- Unengaged Audience
By Tourist Type:
- Domestic
- International
By Tour Type:
- Independent Traveller
- Package Traveller
- Tour Group
By Consumer Orientation:
- Men
- Women
By Age Group:
- 15-25 Years
- 26-35 Years
- 36-45 Years
- 46-55 Years
- 66-75 Years
About Future Market Insights (FMI)
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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