The casino segment covers all gambling activities carried out within casino establishments, such as card games, roulette, and slot machines located in casinos; tips and admission fees are included, but additional revenues such as sales of food, drink, and accommodation are excluded.
The market size of the casino sector in the Europe region reached a value of $10 billion in 2021. The casino market globally grew by 7% in 2021 as the sector witnessed a recovery in the demand after easing the restrictions which were placed on account of the pandemic COVID-19.
Earlier in the year 2020, The COVID-19 outbreak impacted the sector greatly. Casinos were forced to shut their business for most of the year due to the ongoing coronavirus restrictions and lockdowns. During the year 2020, the market value of casinos globally saw a de-growth of 19%.
Many games provided by the casino require attendants to be close to each other or be played between groups of people. Thus, when casinos were open, they needed to adjust their games and follow the government’s coronavirus safety measures, decreasing demand for the sector in general.
The compound annual growth rate for the casino market in the Europe region de-grew by 0.5% during the period 2017-2021. This was primarily on account of a decline due to coronavirus restrictions which lowered the demand.
The major companies that have a strong presence in the Europe region’s casino market include Resorts World, Casino de Monte Carlo, and Casino Estoril.
United States of America
United States of America
United States of America
United States of America
Malaysia
United Kingdom
France
United Kingdom
Hong Kong
Hong Kong
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