Casino Gaming Market in Macau to decline at a CAGR of 3.47% over the period 2014-2019; Finds New Report

Report forecast the revenue of the casino gaming market in Macau to decline at a CAGR of (3.47)% over the period 2014-2019.

A casino hosts various types of gambling activities. Today, they house hotels, restaurants, shopping malls, and various other tourist attractions, and can be described as indoor amusement zones. However, the majority of revenue generated is from gambling activities. Gambling is illegal in many parts of the world, which explains the concentration of casinos in certain regions. However, several countries are easing regulations to support the growth of casinos within their territories because of their growing popularity and the revenue they generate.

This report covers the present scenario and growth prospects of the casino gaming market in Macau for the period 2015-2019. To calculate the market size, the report takes into account the revenue generated in casinos. The report only takes into account the revenue generated through land-based casinos and not online casinos, as online casinos are unregulated and have not been legalized in Macau. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

According to the report, globally, currently, Macau has 33 casinos, with the Venetian Macau being the largest. In the coming years, more casinos will be added to this, increasing not only the number of tables, slot machines, and other gambling paraphernalia, but also the number of accommodation facilities for tourists coming into the region. This will also cater to the middle class population that comprises a major portion of the gambling population in Macau.

Further, the report states that failure to collect amounts extended to credit players, the chance of losing more money than they earn, and the possibility of fraud restricts the entry of new players in this market.

Casino Gaming Market in Macau 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the casino gaming market in Macau and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the casino gaming market in Macau: Galaxy Entertainment Group, Melco Crown Entertainment, MGM Holdings, Sands China, SJM Holdings and Wynn Macau

Other Prominent Vendors in the market are: Babylon Casino – Fisherman's Wharf, Casa Real Casino, Casino Crystal Palace, Casino Lisboa, Casino Macau Palace, Casino Marina, Casino Oceanus, Diamond Casino, Emperor Palace Casino, Fortuna Casino, Golden Dragon Casino, Grand Lapa Hotel, Grandview Casino, Greek Mythology Casino, Jai Alai Casino, Kam Pik Casino, Kingsway Hotel & Casino, MJC Casino, New Century Hotel & Casino, Pharaoh's Palace Casino and The Legend Club

Market Driver

• Growing number of casinos
• For a full, detailed list, view our report

Market Challenge

• Risks associated with gambling
• For a full, detailed list, view our report

Market Trend

• Use of reconfigurable electronic gaming machines
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 63 pages and 17 Exhibits “Casino Gaming Market in Macau 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscap, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/42j