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Casino Statistics and Demographics

Companies / Gambling Feb 16, 2018 - 03:37 PM GMT

By: Submissions

Companies

Santhosh Sundararajan writes: Worldwide, video games are played by 1.23 billion people for at least one hour per day. Like sports being good for health many researchers say that video gaming is good for mental health. Casino games are one of the most-spoken branches of gaming sector which is advancing at an exponential scale. Monster Casino Casino has listed out some of the interesting casino statistics are listed below


Traveling and gambling

More than 39.7 million visitors came to Las Vegas in 2012. The U.S Travel Industry Association conducted a nationwide survey and the result of the survey said that 38% of the total U.S residents have been to Las Vegas in their lifetime. The survey also conveyed that the average length of the stay by the visitors was roughly four days. Also 87% of the people who visited Las Vegas gambled.

Gross Gambling Yield

Total Gross Gambling Yield (GGY) of the Great Britain gambling industry is estimated to be about £13.8 billion and the total GGY of the remote sector is £4.7 billion. The total number of employees working in Great Britain Gambling Industry are 106,236.

Betting shops and Casinos

The total number of betting shops is expected to be around 8,531 and the number of casinos in Great Britain is 146.

The total number of gaming machines in Great Britain is 182,916 and the total number of bingo premises in Great Britain is 583.

Contributions

Casino and bingo games have been used a lot for charity purposes since years. A whopping amount of £1.5 billion has been contributed to good causes from the National Lottery.

Close to £255.6 billion has been contributed to good causes from the large society lotteries.

Casino players

The largest percentage of visitors to Las Vegas are of a group age of 65 or older.

35% of Las Vegas visitors were high school diploma graduates and 26% of the visitors have completed college.

More than 60% of American adults gambled at least once in twelve months. Over 80% say that it is legitimate to gamble.

Revenue

Gambling generates more than movies, theme parks and cruise ships combined. It is also a $40 billion-dollar industry in the United States. Also, Las Vegas strip generated a gross revenue of at $1 million a year in 1996 and in the same year close to 3,827 conventions and 112 trade shows were hosted.

The YOY (Year over Year) growth rate for different regions

  • The total gaming market of China is $24.4 billion
  • The total gaming market of US is $23.5 billion
  • The total gaming market of Asia-Pacific region is 46.5 billion and it is the result of more than 10.4% YOY increase.
  • The total gaming market of Middle East, Europe and Africa is $23.7 billion, and it is a result of more than 8.3 YOY increase.
  • The total gaming market of Latin America is $4.1 billion, and it is a result of more than 20% YOY increase.
  • The total gaming market of North America is $25.3 billion, and it is a result of 3.7% YOY increase.

Prediction of Gambling Market

Online gambling is a fast-paced and dynamic industry. By the end of 2024, it is expected to reach $96.89.

Author Bio - Santhosh Sundararajan is a prolific writer and digital marketer having years of experience behind him in publishing successful contents. His wide range of writing niche covers iGaming industry, Technology and others. Many of his past work have been published on top websites.

© 2018 Copyright Santhosh Sundararajan - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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