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China Casino and Gaming Sector
AM Mind Power Solutions, May 2011, Pages: 34
The report on “China Casino and Gaming Sector” gives an overview of the Global and Asia-Pacific gambling industry performance; further it gives a detailed analysis of China gambling industry with industry segmentation. We have discussed industry past, present and future performance and reasons of change and also talks about recent trends affecting industry performance.
Asia Pacific offers many opportunities and strong potential for the gambling market. Rising income level in middle class with growing trend of working women has worked as a driving factor for casino and gaming industry in Asia Pacific.
Key Findings
- In 2009, Asia’s casinos grew by 3.41% reaching to USD 17.2 billion and showed more positive growth in the first half of 2010 (2.88%) compared to the same period last year.
- The annual lottery revenue in China expanded from USD ~ billion in 2000 to USD 24.52 billion in 2010 with a CAGR 27.38%. In 2010, sports lottery accounted for 41.88% of the total lottery market while welfare lottery contributed 58.12%
- In terms of global lottery, China’s market share was 7% in 2008. The market share is increasing every year due to growing economy and mounting expenditure on the lotteries.
- Keno is estimated to generate USD ~ billion sales in 2012 and take about 12% market share in welfare lottery.
- China sports lottery market showed a continuous upward trend between 2006 and 2010, with a 5-year compound annual growth rate (CAGR) of approximately 20.75%.
- The China’s lottery market is estimated to reach USD ~ billion by 2015, implying a CAGR of 11.06% from 2010. China market for Welfare computer ticket games is also growing and expected to cross USD16 billion by 2012.
Scope of the Report
- The report provides a detailed analysis of the Asia Pacific Casino and Gaming Industry including insights on market past performance, demand by segmentation and geography, present analyses and future outlook of the industry.
- Report discusses regulatory environment in China and assesses the industry trends and developments.
- Present report provides a detailed description of welfare and sports lottery, video lottery games and Keno market in China, which will help to analyze scope in these segments of the industry
- The report presents the future opportunities available in the industry along with the detailed discussion on the several macro and industry factors affecting the market
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