Business Atlas

How Enterprise Is Built
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Casino and Gaming Industry

Consumer Discretionary

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The global industry built around casinos, commercial facilities offering games of chance and, in many cases, some skill, for wagered stakes. Casinos typically combine gaming floors such as craps, roulette, baccarat, blackjack, video poker and slot machines with hotels, restaurants, retail shopping and live entertainment, and every game is structured with a built in mathematical house advantage that sustains long term profitability. Macau has surpassed Las Vegas as the world largest gambling market by revenue, with major hubs also concentrated in Singapore, Monte Carlo and across Europe and the United States, and major casino operators collectively generate tens of billions of dollars in annual revenue, making the sector central to global tourism and leisure.

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