NAICS 71321 - Casinos (except Casino Hotels)
This industry comprises establishments primarily engaged in operating gambling facilities that offer table wagering games along with other gambling activities, such as slot machines and sports betting. These establishments often provide food and beverage services. Included in this industry are floating casinos (i.e., gambling cruises, riverboat casinos).
Industry trends:
The casino industry, categorized under NAICS 71321, has undergone significant transformation due to the pandemic, technological advancements, and regulatory changes. One of the latest qualitative trends is the increase in cashless gaming, where patrons use digital wallets or casino-specific apps to place bets. This not only enhances customer convenience but also aids in tracking spending behaviors and complying with anti-money laundering regulations.
Another emerging trend is the integration of online gaming with traditional brick-and-mortar casinos. Many casinos have launched online platforms to complement their physical operations, providing a seamless experience for users who wish to enjoy gaming from the comfort of their homes. This also helps casinos reach a broader audience and generate additional revenue streams.
Sustainability is also gaining traction in the casino industry. Operators are increasingly focusing on eco-friendly practices, such as reducing energy consumption through the adoption of smart systems or partnering with local communities to boost social and economic development.
Looking into the near future, the application of artificial intelligence (AI) and data analytics in casinos is expected to grow. AI can offer personalized experiences for customers by analyzing their preferences and behaviors. Additionally, data analytics can help optimize operations, enhance security measures, and maximize profitability.
Regulatory developments will continue to shape the industry, with more states and countries considering the legalization of both physical and online gambling. As regulatory landscapes evolve, casinos must stay agile and adaptable to new compliance requirements to maintain their competitive edge.
This industry is comprised of:
Casinos (except casino hotels)
Cruises, gambling
Floating casinos (i.e., gambling cruises, riverboat casinos)
Gambling cruises
Riverboat casinos
Stand alone casinos (except slot machine parlors)
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
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