Brian Green’s Post

If fully implemented, casinos in Thailand could make the country a major player in the global gaming market. Citigroup analysts predict that the country’s gross gaming revenue could reach $9.1 billion, positioning it as the third-largest gaming market in the world, behind Macau and Las Vegas, but ahead of neighboring Singapore.

The purpose of the casino 🎰 Casinos focus on providing gaming experiences (slot machines, poker, and blackjack) within an environment that combines excitement, risk, and potential rewards. They also include leisure options like restaurants, bars, and live entertainment. Casinos often attract a broader demographic, including tourists, business travelers, and regular gaming enthusiasts. Revenue comes from gaming activities (table games and slots), but casinos also rely heavily on hotel stays, dining, and retail within their complex. Casinos encourage repeat visits through loyalty programs, promotions, and high-value services for frequent guests, often targeting high-stakes players with exclusive offers. #business #casino #gaming #slots

Thailand's intended approach to legalized casinos and using 5% maximum for gaming is logical. I recall a debate in Singapore about Marina Bay Sands and whether was it an integrated resort and event venue or a casino? MBS is a mighty MICE venue and if Thailand gets it right it can be a player in world-class events using a similar strategy. #C9Insider #gaming #casino #MICE #Thailand C9 Hotelworks

In the evolving world of casinos, understanding the nuanced differences between local and destination properties is key. Our latest research highlights this fascinating dynamic. Local casinos, often a choice for a quick getaway, prioritize factors like proximity to home and safety. On the other hand, destination casinos, viewed as an immersive retreat, focus on delivering an all-encompassing experience, blending gaming with high-value non-gaming activities. Interestingly, both types of properties are seeing an increased emphasis on non-gaming activities. From fine dining and live shows to luxurious spas, these features are becoming pivotal in shaping the patron’s choice. Yet, the approach differs – local casinos lean towards catering to immediate, community-based preferences, while destination casinos craft global, vacation-like experiences. You can download our full 2024 Casino Non-Gaming Player Insights Report here: https://lnkd.in/gCjb2dCp #CasinoTrends #LocalVsDestination #PlayerExperience

Atlantic City - first half of 2024    Casino – 9 casino hotel properties revenue $244.1m for June 24’ 1% increase on June 23’ YTD $1.36b revenue for the 9 properties Internet Gaming – Internet Gaming revenue by the Casino’s & their partners was $186.8m, 25% growth from June 23’ YTD Internet Gaming revenue for the Casino’s & their partners $1.13b, 21.4% growth compared to $930.8m for the prior YTD Sports Wagering – Gross Revenue reported by casinos, racetracks and their partners was $573.1m for the year a 30% increase when compared to the $440.8m reported in the prior YTD period. Total Gaming Revenue – Total Gaming Revenue reported by casinos, racetracks and their partners was $491m for June 24 a 7.4% increase from $457.2m reported in June 23 YTD Total Gaming Revenue reported by casinos, racetracks and their partners $2.06b a 14.4% increase on YTD 23' (Source New Jersey Division of Gaming Enforcement)

Top 10 Gambling Companies by Market Cap Flutter Entertainment (FLUT) - $43.93B Las Vegas Sands Corp. (LVS) - $36.68B Aristocrat Gaming (ALL.AX) - $27.18B DraftKings Inc. (DKNG) - $20.25B Evolution Gaming (EVO.ST) - $18.52B Gaming and Leisure Properties, Inc. (GLPI) - $13.64B MGM Resorts International Resorts (MGM) - $10.94B Wynn Resorts (WYNN) - $9.43B Light & Wonder(LNW) - $9.22B Caesars Entertainment (CZR) - $8.66B 📈 View the top 50 companies in the industry here > https://lnkd.in/dSYahzNv Keep an eye out for Gambling Industry News updates to stay informed about the latest trends and market movements in the gambling sector. #MarketCap #GamblingIndustry #TopCompanies #FinancialNews #WeeklyUpdate

Every Monday, Gambling Industry News brings you the latest rankings of the top 10 gambling companies by market cap. Stay updated with the industry's movers and shakers! 🌟🔝Top 10 Gambling Companies by Market Cap: Flutter Entertainment Plc (FLUT) - $39.03B Las Vegas Sands Corp. (LVS) - $38.93B Aristocrat Gaming (ALL.AX) - $24.66B Evolution Gaming (EVO.ST) - $18.92B DraftKings Inc. (DKNG) - $18.66B Gaming and Leisure Properties, Inc. (GLPI) - $13.93B MGM Resorts International (MGM) - $12.04B Wynn Resorts (WYNN) - $11.62B Caesars Entertainment (CZR) - $9.62B Light & Wonder(LNW) - $8.49B 📈 View the top 50 companies in the industry here >  https://lnkd.in/dSYahzNv Keep an eye out for Gambling Industry News updates to stay informed about the latest trends and market movements in the gambling sector. Have any questions? Feel free to email me at [email protected]. #MarketCap #GamblingIndustry #TopCompanies #FinancialNews #WeeklyUpdate #GamblingIndustryNews

Top 10 Gambling Companies by Market Cap Flutter Entertainment (FLUT) - $49.19B Las Vegas Sands Corp. (LVS) - $38.46B Aristocrat Gaming (ALL.AX) - $27.87B DraftKings Inc. (DKNG) - $21.28B Evolution Gaming (EVO.ST) - $18.23B Gaming and Leisure Properties, Inc.(GLPI) - $14.17B MGM Resorts International Resorts (MGM) - $11.41B Wynn Resorts (WYNN) - $10.36B Light & Wonder - iGaming (LNW) - $8.57B Caesars Entertainment (CZR) - $8.17B 📈 View the top 50 companies in the industry here > https://lnkd.in/dSYahzNv Keep an eye out for Gambling Industry News updates to stay informed about the latest trends and market movements in the gambling sector. #MarketCap #GamblingIndustry #TopCompanies #FinancialNews #WeeklyUpdate

https://lnkd.in/dGShynrR U.S.: Nevada sets new gaming revenue record with USD 1.32 billion in May 2024 Las Vegas Strip’s 3.7% revenue jump in May wasn’t fueled by high-end baccarat play, but by slot machines, table games and sportsbooks. In fact, for the year 2024, revenue from sports betting is up 5.6% versus the same period of 2023. Besides, the Strip continued to benefit from a strong events calendar that boosted hotel occupancy and room rates. The Las Vegas Convention and Visitors Authority (LVCVA) reported 3.65 million visitors in May, a 4.6% increase over May 2023. #revenue #commercialgaming #landbasedgaming #casinos #sportsbook #sportsbetting #mobilebetting #slots #tablegames #baccarat #LasVegasStrip #Nevada #UnitedStates #NevadaGamingControlBoard #numbers #figures #indicators #handle #hold #winrate #hospitality #rooms #occupancy #events #HarryReidInternationalAirport #LasVegasConventionandVisitorsAuthority

As Thailand, Sri Lanka and Japan continue to move forward with development of integrated casino resorts, albeit on differerent timelines, developers must ask themselves an important question: how will their slot mix meet the needs of their anticipated customer segments? Jeff Jordan and I explore this topic in an article published in the June issue of Global Gaming Business Magazine.