The U.S. casino tourism market is projected to grow from USD 23,655 million in 2022 to USD 33,047 million by 2032, driven by a steady 3.4% CAGR. Historically, casino gambling was restricted to Nevada from 1931 until 1978. By 1978, New Jersey joined Nevada, but by the late 1990s, over 25 states had legalized various types of casinos, including riverboat, urban, suburban, and those on Indian Territory.
The manner that casino games are provided in the United States vary greatly. There are just two places in the world that have true “full service” destination resort casino hotel entertainment centres: Nevada and Atlantic City, New Jersey. By the end of the 1990s, 3,000 hotel rooms or more were required for such resorts in Las Vegas, in addition to having distinctive-and frequently spectacular-architecture, extensive entertainment options, indoor and outdoor recreational opportunities, extensive dining and shopping options, and, of course, “state of the art” gaming options.
Over time, Las Vegas’ casinos continued to grow and established themselves as popular getaways for public figures and the privileged. At the beginning of the twenty-first century, the majority of hotels had enlarged their room capacity and added upscale dining and shopping options in order to handle the steady stream of guests.
To take advantage of the exceptional earnings, other states eventually copied Mississippi, New York, Illinois, and Illinois. Today, the gaming industry has expanded tremendously to become one of the top income generators in the USA.
Key Takeaways:
- Based on Game type, American Roulette is predicted to account for a dominant share of Gamblers in the market through 2032.
- In terms of age group, demand in the age group 35-50 years will continue gaining traction through 2032.
- Nearly 35 million tourist visit U.S. for casinos every year.
- Based on type of tourist, International tourists will continue to grow in the forecasted period.
Report Preview: https://www.futuremarketinsights.com/reports/us-casino-tourism-market
Impact of COVID-19
In March 2020, the COVID-19 epidemic forced the closure of every casino in the United States, preventing an estimated 616,000 casino workers from going to work. The ensuing two-month shutdown of the gambling sector had a direct impact on 564 gaming communities across the nation and resulted in a loss of USD 105 billion in economic activity and more than USD 2 billion in lost gaming taxes alone for the states.
By the end of 2020, COVID-related closures had cost U.S. commercial casinos a total of 45,600 business days, or 27% of the year. The sector also experienced a 31% drop in revenue from 2019. Since 2021, the resurgence of gaming has been rising, with revenue from commercial gaming in the first quarter of 2021 matching its all-time high.
Who is winning?
Leading players in U.S. Casino Tourism Market are Casino Gold Tours, Casinota, Preferred Casino Tours, Travel Leaders, Grueninger Travel, Reney Tours, Bob Kelly Tours, Island Resort and Casino, Turning Stone, Star Casino, Casinos of Winnipeg, Tour Radar among others.
USA Casino Tourism Market by Category
By Game Type, USA Casino Tourism Market is segmented as:
- 3 Card Poker
- American Roulette
- Blackjack
- Casino Stud Poker
- Dice
- Punto Banco
- Others
By Casino Type, USA Casino Tourism Market is segmented as:
- Commercial
- Tribal
- Limited Stakes
- I-gaming
By End Users, USA Casino Tourism Market is segmented as:
- Gambling Enthusiasts
- Social Exuberant
- Dabblers
- Lottery Loyalists
- Unengaged Audience
By Age Group, USA 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, USA Casino Tourism Market is segmented as:
- Domestic
- International
By Consumer Orientation, USA Casino Tourism Market is segmented as:
- Men
- Women
By Tour Type, USA Casino Tourism Market is segmented as:
- Independent Traveller
- Package Traveller
- Tour Group
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