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Market Size of the Casino Industry in the US (2017-2021, $ Billion)

Industry: Casinos And Gambling
Current: Market Sizing & Shares

The market size of the casino sector in the US reached a value of $43 billion in 2021
The casino market in the US grew by 40% in 2021
The US is the market leader in the casino sector

Casino Industry in the US: Industry Overview

The casino segment covers all gambling activities 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 food, drink, and accommodation sales are excluded.

The market size of the casino sector in the US reached a value of $43 billion in 2021, accounting for 33% of the global market size, making it the market leader by a huge margin.

Earlier in the year 2020, the COVID-19 outbreak impacted the sector greatly as the casinos were forced to shut their business for most of the year due to the government’s restrictions and lockdowns. As a result of this, in the year 2020, the market value of casinos in the US saw a de-growth of 32%.

After the restrictions were eased, the sector witnessed a recovery in demand after restrictions as the casino market in the US grew by 40% in 2021, accounting for over $12 billion. In contrast, the global market grew by 19% in 2021, showing the quick recovery the US made after the pandemic.

Even though the casinos after they resumed operations were made to adjust their games and follow the government’s safety measures as many games provided by them require attendants to be close to each other or be played between groups of people, the demand in the US had no effect as the market value in 2021 almost reached the value in 2019, a year before the pandemic.

The casino market in the US grew at a CAGR of 5% during the period 2017-2021. This was primarily on account of the increase in the number of people willing to try new experiences as a result of the higher disposable income mainly among youth.

The major companies that have a strong presence in the US casino market include Las Vegas Sands Corp, MGM Resorts International, and Caesars Entertainment Corporation.

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