US Casino gaming revenues are on the upswing. Gross revenues in the US casino gaming industry will rise by 5% (Compounded annually) over the next three years. Revenues are expected to grow to $73.3 billion by 2015. The price per head going into casinos is rising quicker than anyone ever imagined.
Nevada, the casino gaming capital of America, brought in $10.7 billion in 2011 and is expected to reach $12.96 billion by 2015. That’s nearly one fifth of the entire US gaming market. Card games revenue in Nevada is expected to increase to $125 million by 2015.
The biggest projected growth will be seen in the Regional Casinos with a compound annual growth rate of 7.3%. This is expected to dampen the growth of the Tribal Casinos.
The only market that is set to decline is Atlantic City. It is forecasted that it will decline 4.6% compounded annually. If you look at where Atlantic City was in 2006, it is expected to be 46.1% lower in revenue by 2015. So there are some serious losses occurring in Atlantic City.
Infographic created by NBRII.com