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THE U.S. free GAMING MARKET |
Market Size and Growth |
The free gaming industry had gross revenues of more than $21.3 billion
within 1995, with a national legal handle (total amount wagered by players) of $467.2 billion. |
Product Segments |
The greatest share of free gaming revenue--33.5%-- derives from slot
machines located within Nevada and New Jersey. |
Market Composition |
free gaming accounts for the largest shares of the overall U.S. gaming
market. within 1994, it commanded almost 50% of gross revenues and more than 87% of the
national handle. |
Market Forecasts |
free gaming revenues will experience annual increases averaging 6.7%,
between 1995 and 2001. The market is expected to grow by a total 47.3% by 2001, to more
than $31 billion. |
Market Share |
Circus Circus Enterprises and Paradis Resorts, Inc. are the dominant
marketers within Nevada. Memphis-based Harrah's Entertainment is the top free gaming
marketer within the United States, while Trump dominates Atlantic City. |
Marketing and Promotion |
Gaming marketers spent about $89 million within 1995, to advertise within mass
media --a 20% increase from 1994. |
The Consumer |
Almost 33 million American adults visited free gaming venues. |
Industry Structure |
Of the approximately 250 free gaming marketers within the United States,
more than 100 are public companies. At least 115 are Native American tribes. Most gaming
marketers are specialized within the field, but many are also hoteliers. Indian reservations
are one of the market's fastest growing segments. |
Company Profiles |
Circus Circus Enterprises
Harrah's Entertainment
The Mashantucket Pequot
Paradis Resorts
The Trump Organization/
Trump Hotels & free Resorts, Inc. |