China Casino and Gambling Industry Outlook to 2019 – Growth Led by Surge in Foreign Tourists

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Date Submitted: 02/26/2015 05:02 AM

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China Casino and Gambling Industry Outlook to 2019 – Growth Led by Surge in Foreign Tourists provides a comprehensive analysis of the casino and gambling market in Mainland China, Macau and Hong Kong. The report covers various aspects such as market size of Mainland China, Macau and Hong Kong casino market, segmentation on the basis of welfare and sports lottery, types of lotteries, Ballistic Mode of lottery, by games of fortune and others. The report also highlights the major trends and developments, growth drivers, issues and challenges and the government role in China casino and gambling market. Future analysis of the industry along with its various market segments is provided on the basis of revenues over the next five years.

Gambling activities in China have been significant both legal as well as illegal. While lotteries are prominent in Mainland China, Hong Kong and Taiwan, Macau contributes by way of casino revenues. From USD ~ million in 2009, the revenue of China’s Casino and gambling sector increased at a CAGR of 20.5% to reach USD ~ million in 2014. Although legal gambling has been gaining acceptance in the country, the illegal gambling market is estimated to be as high as RMB 1 trillion. Illegal gambling in China remains common including unofficial lotteries, clandestine casinos, and betting in games such as mahjong and various card games.

China Casino and Gambling Market has been segmented on the basis of revenues engendered from major regions. During 2014, China Casino and Gambling was subjugated by Mainland China which has contributed significant revenues share of ~%. Macau has contributed sizeable market share of ~% during 2014 which has quadrupled at a substantial share relative to 2008 where the share was posted at ~%. In Macau, millions of tourists flock to the territory every year. Hong Kong is ranked as the third largest casino and gambling market across China. The region has contributed a noteworthy share of ~% during 2014, which has...