The Rise in Gaming and Gambling Tourism Worldwide
‘Gaming and Gambling Tourism’ is a trend where people travel to different places with high-profile gaming arenas and casinos to try their luck. According to statistics, ‘the Global Casino Tourism market size is USD 0.275 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 6.20% from 2023 to 2030′. In other words, recreational gambling is just one of many driving forces behind tourism.
Gambling resorts generate only a fraction of revenue from tourists, as the global casino market size surpasses 130 billion USD. What’s more is that they don’t even rely solely on gambling to be successful, but rather on providing entertainment in general.
Now, let’s dive into the world of gaming and gambling tourism, and learn about its increasing popularity and some of the most sought-after gambling destinations across the planet.
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Las Vegas Showgirl photo by Karo Kujanpaa
Why is Gaming and Gambling Tourism Flourishing?
We all know that when gambling is taken too far it can affect your self-esteem and upset your relationships, negatively impact your physical and mental health, and hurt your work performance and social life. However for many who visit one of the many legitimate and legalised gambling destinations – both gaming and gambling provides an opportunity to socialise with friends and family in a fun and entertaining space.
Online games such as blackjack, are available at various online casinos like https://tonybet.com/ie, and they provide a convenient way for players to participate without visiting a physical casino. Online platforms offer various game versions, allowing players to learn and practice different strategies in a virtual setting.
But what other factors have made gaming and gambling tourism so popular in recent years? Let’s take a look:
Changing Cultural Attitudes
The likes of Las Vegas have been welcoming gambling tourists since the 1930’s however in more recent years, many more countries have authorised and regulated their gambling laws which has in return increased access. Nowadays, and possibly more than ever, people are more open to participating in gambling activities. This change in attitudes has been the main drive of casino tourism in which more people join the industry – thus sparking growth.
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Technology and Accessibility
Online betting and gaming on mobile devices enable people to access a huge number of games and bet from any location at any time. The proof of its popularity – the global online gambling market is expected to generate a revenue of US$100.90 billion in 2024, with the annual growth rate (CAGR 2024-2029) anticipated to be 6.20%.
With technology developing rapidly, and an increase in revenue – innovation in this sector has skyrocketed resulting in a lot of new gaming experiences.
The Venetian, Las Vegas photo by Micael Sáez
It’s Not Only About Gambling
As mentioned earlier, gambling resorts aim to provide a fun and entertaining time, with many non-gamblers also frequenting as guests, often alongside their casino-loving friends and family.
But what encourages non-gamblers to visit in the first place?
- Most hotels have top-tier accommodation, that if taken from an architectural standpoint, are a work of art. So, many simply want to visit and enjoy a memorable stay in luxurious surroundings.
- Most resorts have big arenas for athletes to compete in and artists to perform in. Take for example the Sphere in Las Vegas that opened in 2023. Connected to the Venetian Resort Complex, the Sphere kicked off its opening in style with Irish rock band U2 and their 40-show residency. And so, many guests only come to see performances and have a fun time.
- Most establishments employ A-list chefs who know how to prepare unique meals. So, when someone has a special occasion they want to celebrate or if they simply want to pamper their palate while holidaying, they book in for the food.
6 Top Gaming and Gambling Destinations Around the World
Let’s take a look at some of the popular gambling destinations across the globe.
The Venetian Macao photo by Jony Y
1. The Venetian Macao, Macau, China
The Venetian Macao is a luxurious resort that is designed to resemble the iconic town of Venice. It has hundreds of gambling tables, jackpot prizes, and a myriad of shopping and dining options.
The Venetian Macao also hosts numerous non-gaming events and concerts, including a collaboration with the mainland online video company iQiyi on entertainment shows. These events have attracted over 460,000 people, showcasing the resort’s ability to draw large crowds beyond traditional gaming activities – it’s an entertainment hub through and through.
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2. Wynn Palace, Macau, China
Wynn Macau is another luxury resort in Asia that offers a world-class casino, fine dining options, and stunning views of the South China Sea. One of the main attractions of the resort is the Moon Jelly Aquarium situated behind the reception area of the Encore Tower lobby entrance. Here you can watch alien-like lifeforms drift and swim about peacefully and serenely through the glass.
The casino’s total operating revenue for the first half of 2023 reached $1.37 billion, representing a staggering 230.6% year-on-year increase. This leap was fueled by the resurgence of gaming activities as travel restrictions eased.
Caesars Palace, Las Vegas photo by Hurija Muskic
3. Caesars Palace, Las Vegas, Nevada, USA
Caesars Palace in Las Vegas is an iconic resort that offers world-class gaming, fine dining, and thrilling live shows. And to that Caesars Entertainment hosts a variety of events throughout the year, including:
- New Year’s Eve
- Labor Day
- Memorial Day
- Halloween
- Football Playoffs
- Basketball tournaments
It’s one of the biggest brands in the US that attracts thrillseekers and party-goers from all over the continent.
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4. The Venetian Resort Hotel Casino, Las Vegas, Nevada, USA
One of the largest and most luxurious hotels in Las Vegas, The Venetian offers a Venice-themed experience with gondola rides, exquisite dining options, a vast gaming floor and the aforementioned ‘Sphere’.
5. Hotel de Paris Monte-Carlo, Monaco
Located in the heart of Monte Carlo, Hotel de Paris offers an elegant and refined atmosphere along with access to the famous Casino de Monte-Carlo, Michelin-starred restaurants, and stunning Mediterranean views.
Marina Bay Sands, Singapore photo by Shawnn Tan
6. Marina Bay Sands, Singapore
This iconic hotel-casino features a stunning rooftop infinity pool, celebrity chef restaurants, luxury shopping, and a sprawling gaming area overlooking the Singapore skyline.
The Takeaway: With the continued development of the gaming and gambling tourism industry, the number of tourists to resorts and destinations that specialise in the industry is expected to keep increasing. The regional market in the Asia Pacific area has shown the highest growth until 2030.
The best destinations are so because of their luxurious accommodations, top-notch dining options, facilities and entertainment, and certainly not just their gaming and gambling experiences.
Have you been to Las Vegas – and if so did you go for the entertainment or the chance of winning big? Would a trip to Monaco have to include 007’s Monte Carlo Casino? Or would you consider a trip to Macau in China to put it all on red?
We say; everything in moderation but remember ‘a fool and his money are soon parted’ … so stay clever!
Feature photo by Kvnga
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