An independent research firm, Spectrum Gaming Group, that services a number of clients, both public-sector and private-sector around the world, listed some of the top trends to be monitored in 2012 in regards to the worldwide casino industry. Here are some of the top trends:
- New casino plans for 2012 will emphasize mid-scale, sensible sizes and design as all gaming companies begin to emphasize a return on investment in the current soft economy.
- A number of major gaming operators in the United States are going to continue to scout undeserved international markets, such as Asia, for the development of new major gaming resorts.
- Land-based casinos in the United States are going to continue to prepare for capitalization of internet poker when it is finally made legal in the country. When legalization does occur, a number of offshore operators will be eager to sign deals with land-based casinos in the United States.
- Social networking websites and electronic gaming are quickly heading up to be the “next big thing” in casino gaming.
- Competition throughout Las Vegas is going to continue to accelerate within the local markets as the housing and employment markets remain weak. Meanwhile, casino operators along the strip are going to push their focus on property enhancements and debt restructuring rather than consolidation and new developments.
- Legalization of gambling in states like New Hampshire, Kentucky, and other states reluctant to start building casinos, may push to fruition as these states are looking for additional revenue streams to boost their state’s economy. On the flip side, states where there is limited casino gaming will pursue opportunities for expansion, such as states like New York and Florida.
- There will continue to be an increase in regional casino competition as slot parlors, racinos, as well as Native American Casinos continue to expand and provide additional upscale amenities. This will place additional pressure on destination casino resort cities, such as Atlantic City and Las Vegas.