Casinos are facilities that house certain types of gambling such as table games (e.g. blackjack, craps, roulette and baccarat), electronic gaming machines and random number ticket games.
The global casino revenue
is estimated to be at around 147 billion U.S. dollars in 2012, of which around 60 billion U.S. dollars is generated in the United States. Consumer spending on casino gaming
in the United States was at more than 37 billion U.S. dollars according to the American Gaming Association.
The U.S. market encompasses almost 450 commercial casinos
in 20 states, in which these activities are legal. Besides those commercial casinos there are also more than 460 tribal casinos
in the United States. These Native American gambling operations are situated on tribal land such as Indian reservations. More than one fourth of the U.S. adult population has gambled at a casino in the past twelve months favoring slot machines (53%) while playing on a budget of less than 100 U.S. dollars (48%).
The biggest market in the U.S.
is the state of Nevada, especially Las Vegas, with almost 11 billion U.S dollars in total consumer spending on casino gaming in 2012. The casino industry in Nevada employs more than 170 thousand people, who earn $41,450 on average
The casino gambling market in Macau is one of the biggest and fastest growing in the world. The gross revenue from gambling and gaming
in Macau was at more than 38 billion U.S. dollars in 2012, up from 10.5 billion U.S. dollars in 2007. A couple of the world's leading casino companies, SJM Holdings and Galaxy Entertainment Group, generate a majority of their revenue there.
Other companies, that are major players in the industry
, include Las Vegas Sands, MGM Resorts, Caesar's Entertainment, the Genting Group, Wynn Resorts, Melco Crown Entertainment, Penn National Gaming, Boyd Gaming, Crown Limited and Pinnacle Entertainment.
Photo: sxc.hu / vierdrie