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Macau Casino and Gaming Sector
AM Mind Power Solutions, May 2011, Pages: 29
The report on “Macau Casino and Gaming Sector” gives an overview of the Global and Asia-Pacific gambling industry performance; further it discuses detailed analysis of Macau gambling industry with analysis of industry by segmentation. We have discussed industry past, present and future performance and reasons of change; also talks about recent trends affecting industry performance. The report also includes competition prevailing in the industry and scope for existing and new players.
The report also includes competition prevailing in the industry and scope for existing and new players.
In the past few years, Asian gaming markets have shown rapid growth, resulting in many the US & the UK companies venturing in the Asia Pacific region. Macau is one of the world’s largest gambling hubs, holding the largest share in Asian markets. This market is expected to grow further, driven by increasing global recognition, establishment of new casinos and growing economy of the country.
Key Findings
- The casino sector represented USD 23.5 billion of revenue in 2010 in Macau, as compared to USD 13.2 billion in 2008, driven by increase in number of visitors and strengthening of the Chinese economy.
- The year 2008 and mid 2009 were difficult for casino sector in Macau due to the affect of the number of factors prevailing in the industry. The major reason was the economic crisis which led to fall in number of tourist arrivals, decline in per capita income and employment rate.
- Macau has around 5,000 gambling tables and 6 licensed casino operators, which is expected to increase to 1,300 tables by 2011.
- Macau casino and gaming revenue is expected to grow at a CAGR of 15.77% till 2015.
Scope of the Report
- The report provides a detailed analysis of the Macau Casino and Gaming Sector with discussion of market past performance, present analyses and future outlook of the industry. The report has further analyzed GGR by segments.
- Report discusses regulatory environment and restrictions on setting up new casinos in the country.
- Discusses industry players positioning and market share which helps to assess scope for new and existing players.
- The report describes opportunity for slot machine manufacturers and casino operators with number of slot machines available in the market and future expected demand.
- This report will help gaming machine manufacturers to assess expected demand and casino operators to establish a unit in the country.
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