Casinos and Casino Hotels NAICS 713210, 721120

        Casinos and Casino Hotels

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Industry Summary

The 574 casino and casino hotel companies in the US operate facilities that offer gambling activities, such as slot machines, table wagering games, and sports betting. Casino hotels provide short-term lodging and casino activities on-premise. Gambling machines and table wagering games account for the majority of industry revenue. Other sources of revenue include room accommodations, meals, beverages, and other services.

Strict Regulation

The casino industry is highly regulated at the federal and state levels due to the cash-intensive nature of the business.

Competition from Alternative Forms of Entertainment

Casinos and casino hotels face competition from alternative forms of entertainment and lodging.


Recent Developments

Apr 14, 2026 - AI Becomes Dominate Technology in Online Gaming
  • AI has become the primary engine of the US online casino industry. According to Casino.org, AI dealers now host fully animated, computer-driven table games around the clock, managing gameplay and assisting players in real time, while predictive analytics boosted late-night casino revenues by over 20% for some operators. On the personalization front, industry analysts at Bright Side of News say AI algorithms analyze betting patterns to serve customized game recommendations and bonuses, and machine learning models flag at-risk players based on behavioral shifts like changes in session length and loss-chasing behavior. Live dealer gaming has emerged as the product US players increasingly come for: it has expanded from a niche premium offering to one of the fastest-growing segments of online gaming, with annual growth rates consistently outpacing standard digital casino games every year since 2019. Together, these two technologies are redefining what US players expect from an online casino.
  • After a bruising 2025, the Las Vegas casino industry heads into 2026 with a cautiously mixed outlook, shaped by regulatory drama but buoyed by convention strength. State gaming regulators are preparing for potentially precedent-setting court battles over sports prediction markets, which they argue are effectively sports bets being offered without Nevada licenses, while also tightening oversight of the state’s Black Book policies after a year of money-laundering scandals and compliance lapses. On the Strip, growth remains muted: operators are channeling capital into renovations rather than new builds, with only modest, mostly non-gaming hotel additions planned and the next major casino redevelopment not arriving until 2027. The bright spot is group business, as the fully modernized Las Vegas Convention Center opens all 2.5 million square feet of exhibit space, setting the stage for a potentially record-setting convention year that could help stabilize casino and resort revenues.
  • The New York Gaming Facility Location Board has approved plans for three super‑casinos in New York City, marking the city’s first-ever full-scale, Las Vegas-style casino resorts. Once operational, the casinos are projected to generate around $1 billion per year in gaming tax revenue, in addition to billions more from licensing fees, hotel occupancy, and other taxes. The licensees include Resorts World New York City (Queens), Bally’s Corporation (Bronx), and a casino/hospitality complex proposed by Steve Cohen with Hard Rock International (Queens, near Citi Field). This expansion represents the largest in NYC’s history, opening a massive urban gambling market with integrated resorts combining casinos, hotels, and entertainment. The move is expected to shift regional competition, particularly affecting nearby markets like Atlantic City, and signals a major growth opportunity for the US casino industry while introducing new regulatory and operational challenges.
  • A $6.3 billion merger between casino equipment suppliers International Game Technology (IGT) and Everi Holdings has gaming enthusiasts excited about the combined company’s plan for new casino games and upgrades of existing favorites. The combined company, which will operate as IGT and is backed by investment firm Apollo Capital Management, is expected to invest heavily in hiring game developers, creating new equipment, and possibly even buying up other smaller game makers. The new IGT can provide services for every corner of a casino - slots, electronic table games, financial transaction software, casino management software, and various sportsbook platforms. The combined companies will generate about $2.6 billion in revenue each year, two-thirds of which will come from IGT’s existing business. The merger also furthers a trend of game makers going private, with only one publicly US-traded company left in the industry.

Industry Revenue

Casinos and Casino Hotels


Industry Structure

Industry size & Structure

The average casino firm employs about 290 workers and generates about $70 million annually, while the average casino hotel establishment employs about 1,100 workers and generates about $240 million annually.

    • The casino industry includes about 260 firms that generate $18.4 billion annually and employ 75,980 workers. The casino hotel industry includes about 312 firms that generate $75 billion annually and employ 348,043 workers.
    • Both industries are highly concentrated; the top 50 firms account for 80% of industry revenue.
    • In the US, 35 states and Washington, DC offer land-based casino gambling. The largest US casino markets are Las Vegas, NV, Atlantic City, NJ, and the Chicago, IL/IN area.
    • Large firms include Caesars Entertainment, Penn National Gaming, Las Vegas Sands, and Wynn Resorts.
    • Native American gaming operations are owned by sovereign tribes and located on tribal land. In 2024, the tribal gaming industry consisted of 245 tribal nations that operated 525 casinos located in 29 states. Revenue per tribal casino averaged about $83 million.
    • Several large firms have international operations, with a focus on Asian markets. The Chinese territory has become one of the world's biggest gambling markets, with $44.8 billion in revenue in 2024, according to the China Audio-Video and Digital Publishing Association.

                              Industry Forecast

                              Industry Forecast
                              Casinos and Casino Hotels Industry Growth
                              Source: Vertical IQ and Inforum

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