The casino hotels industry is immense, partaking in two of the grandest sectors: hospitality and gambling. Of course, the biggest roles in this industry have casinos with their revenue.
When we are discussing casinos, we automatically think of Las Vegas, or in other words, gambling’s paradise, in which both tourism and entertainment contribute much to its glory.
Accordingly, the casino hotel industry is one of the biggest markets in the USA because this town remains a top location for anyone looking for fun.
While analyzing the latest casino hotel market trends and visitor statistics, we noticed data has fluctuated during recent years, especially due to the COVID-19 pandemic.
If you are interested in how many people gambled and how big the gambling industry is, you are at the right place. You can discover the hotel occupancy in Las Vegas, its major players, the global casino market share, etc.
The Most Amusing Casino Hotels Visitors Statistics
- 76% of Las Vegas visitors gambled in 2021.
- The gaming industry in Nevada fell to $18.3 billion in 2020 due to the pandemic.
- In March and April of 2021, Nevada’s casinos gained more than $1 billion.
- The average trip gambling budget was $717.51 in 2021.
- The average daily hotel room rate in Las Vegas was $137.62 in 2021.
- There were 150.487 available hotel rooms in Las Vegas in 2021.
- Las Vegas reported 3.29 million room nights occupation in September 2021.
- The casino hotel market was worth $191 billion in 2022.
- The North American region holds a high 32% share of the global casino market.
- The casino hotel industry in the USA had a size of $58.13 billion in 2021.
- As of January 2023, 623,119 people are working in the casino hotels sector in the USA.
- In 2019, the largest casino hotel in Las Vegas was MGM Grand.
- In 2021, the number of tribal casinos in the USA was 515.
1. 76% of Las Vegas visitors gambled in 2021.
(Statista)
It’s no wonder that many tourists who go to Las Vegas do it because of the casino hotels and enormous gambling centers.
According to the newest statistics from 2021, 76% of Las Vegas visitors gambled during their visit. This number has decreased from 2019 when 81% of visitors gambled while in Las Vegas.
2. In 2019, 44% of US respondents visited a casino in the previous 12 months.
(Statista) (American Gaming Association)
The recent gambling statistics from the United States show that in September 2019, 44% of US respondents in a survey visited a casino in the previous 12 months.
Interestingly, in 2019, 49% of the adult American population stated they plan to visit a casino in the next 12 months. In detail, this percentage equals around 124 million US adults.
3. The gaming industry in Nevada fell to $18.3 billion in 2020.
The coronavirus pandemic had a great effect on Nevada’s gaming industry. The total revenue of the state dropped by 25.2% from 2019.
Accordingly, the gaming industry revenue in Nevada, which depends a lot on casinos, was $18.3 billion in 2020.
4. In March and April of 2021, Nevada’s casinos gained more than $1 billion.
After the pandemic, Nevada’s casino revenue began to rise again. In March and April 2021, Nevada’s casino gaming revenue was measured at $1 billion.
This represents a 12% rise from April 2020, a solid pitch considering the impact of the Coronavirus pandemic crisis.
5. Big casinos in Las Vegas make between $1.5 and $3 million daily.
(The Cold Wire) (Pay Space Magazine)
The daily profit of casinos depends on many factors, whether the casino is large or small, and of course, the casino’s location. The profits are bigger if the casino is in a convenient location.
For example, in 2018, the average casino made $1.9 million per day. However, this profit isn’t solely based on casino wins.
To be exact, $662.000 were from gaming wins, $531.000 to rented rooms, $302.000 to food, and $143.000 to beverages. The rest, or $297.000 attributed to the other services provided to guests.
6. The average trip gambling budget was $717.51 in 2021.
As the hottest casino statistics from Las Vegas illustrate, the average trip budget for visitors who gambled in 2021 was $717.51. In contrast, the average trip budget in 2019 was $591, while in 2016, it was $619.
Also, casino visitors aren’t only spending more money on gambling, but they also spend more time.
According to recent figures, the average time spent on gambling per day was three hours in 2021. This represented a rise in gambling time compared to 2019 when visitors spent 2.7 hours a day gambling.
7. In 2021, around 56% of casino visitors in Las Vegas were white.
As the current statistics from 2021 show, about 56% of casino visitors in Las Vegas were white.
Moreover, 19% of casino goers were Hispanic, 17% were African-American, and only 6% were Asian.
8. The average age of Las Vegas visitors was 43.2 years in 2021.
As per the newest casino visitor statistics, the average age of a typical visitor in Las Vegas was 43.2 years in 2021.
This age represents a decrease from 2019, when the average visitor was aged 46.2 years.
9. In 2021, hotel occupancy in Las Vegas was 67%.
Casino hotels visitors statistics from 2021 reveal that the occupancy of hotels in Las Vegas was 67% during the year. In contrast, the occupancy was much higher in 2019, or 88.9%, to be exact.
On the other hand, midweek hotel occupancy in Las Vegas was 86.3% in 2019, while in 2021, it went down to 60.5%.
10. The daily hotel room rate in Las Vegas was $137.62 in 2021.
While the room occupancy went down in 2021, as casino hotels visitors statistics show, the daily hotel room rates went up.
In particular, the daily hotel room rate in 2019 was $132.63, lower than in 2021, when it jumped to $137.62.
11. There were 150.487 available hotel rooms in Las Vegas in 2021.
(Statista)
According to casino hotels visitors statistics, there were 150.487 available rooms for guests in Las Vegas hotels in 2021. By comparison, the number of available hotel rooms in 2020 was 143.117.
The total number of visitors to Las Vegas decreased in 2020 due to the Coronavirus pandemic and the restrictions introduced by the government.
To be precise, the number of visitors to Las Vegas was 19 million in 2020, a huge decrease from 2019, when over 42 million visitations were recorded.
However, the figures went up again in 2021, when there were approximately 32 million visitors in Las Vegas.
12. Las Vegas reported 3.29 million room nights occupation in September 2021.
Casino hotels visitors statistics from 2021 confirm that guests occupied 3.29 million room nights in Las Vegas in September of that year. This room nights occupation was lower by 29.6% compared to September 2019.
13. The casino hotel market was worth $191 billion in 2022.
The global casino hotel market’s value reached $191 billion in 2022. The market’s growth, with a projected CAGR of 4.7%, may extend to $311.6 billion by 2032.
The North American region holds a high 32% share of the global casino hotel market. That being said, this region seems to lead the casino hotel industry worldwide.
Furthermore, Asia Pacific holds 29.60%, while Europe is third with a 26.30% share of the global casino hotel market.
Importantly, the Asia Pacific region is responsible for the recent market growth worldwide because countries such as China, Singapore, South Korea, and Australia have produced big revenues lately.
15. The USA is the leading country in the North American casino hotel market.
(Future Market Insights) (Statista)
The North American region dominates the global casino hotel market share largely because of the United States.
Accordingly, the casino hotel industry in the USA had a size of $58.13 billion in 2021. This number represented a 24% boost over the 2020 validation period when the market’s size was $47.04 billion. Statistics indicate that the US market share is projected to reach $73.04 billion in 2022.
16. As of January 2023, 623,119 people are employed in the casino hotels sector in the USA.
The latest casino hotel data reveals that as of January 2023, 623,119 people are working in the US hotel industry.
In contrast, the number of employees in the American casino hotels sector was around 601.948 in 2022.
17. In 2019, the largest casino hotel in Las Vegas was MGM Grand.
(Statista)
Casino hotels visitors statistics demonstrate that the casino hotel which could fit the most guests in Las Vegas in 2019 was MGM Grand.
In detail, the MGM Grand had 6.852 hotel rooms in 2019. Right behind was Luxor Hotel and Casino, with a total of 4.400 rooms.
When discussing revenue, we must mention Las Vegas Sands, one of the USA’s biggest and richest casino resorts.
According to the newest Las Vegas Sands statistics, the resort generated $4.23 billion in 2021 in revenue, an 44.01% increase from 2020, when the resort had registered revenue of $2.94 billion.
18. MGM Resorts’ annual revenue was $12.592 billion in September 2022.
The annual revenue of one of the prominent players in the casino hotels industry, MGM, was $12.592 billion in September 2022. This figure shows that MGM Resorts’ revenue grew by 55.14% compared to the same 2021 period.
Moreover, we discovered that MGM’s annual revenue in the last five years was lowest in 2020, equalling $5.162 billion and representing a 59.98% fall from 2019.
19. Caesars Entertainment is one of the principal casino resorts.
Caesars Entertainment had revenue of $10.591 billion in 2022. This number representing the corporations’ revenue from September 2021 to September 2022 illustrates a 23.67% growth year on year.
20. The largest casino in the world in 2019 by the number of hotel rooms was Casino de Genting in Malaysia.
(Statista)
We have found out that in 2019, the top casino by the number of rooms was Casino De Genting in Genting Highlands, Malaysia. To be exact, this casino had 10.000 hotel rooms.
21. In 2021, the number of tribal casinos in the USA was 515.
(Statista)
The number of tribal casinos in the United States fell to 515 in 2021. To clarify, there were 525 tribal casinos in America in 2020, while in 2019, there were 524 tribal casinos registered.
22. At the end of 2021, there were 58.976 rooms in tribal casino hotels in America.
218 Indian casinos had a hotel property at the end of 2021. These casino hotels had a combined number of 58.976 rooms available for visitors, or around 271 rooms per casino hotel.
Conclusion
Having read and analyzed this article, you may notice that the casino hotel industry is thriving, especially in the United States of America. This country leads the North American region- the most successful casino hotel market worldwide.
According to statistics on visitors to casinos, numerous people gamble and spend the night at the most renowned casino hotels.
We can also acknowledge that not all of the revenue of casino hotels comes from gambling, but they also make quite a lot from hospitality services.
Therefore, we hope that you are satisfied with the current data we have provided and you have learned everything about the casino hotels industry and its development.
You may also notice that even though the COVID-19 pandemic changed the casino hotel industry’s advancement, things are returning to the way they were before. Big revenues are expected in the future.