The casino industry, which happens to be a really big sector in the world, is one of the most popular in terms of tourism. That’s why casino tourism is such a big thing these days.
Many countries have been developing big casinos in order to attract more tourists. Obviously, a more robust tourism environment gives a boost to the economy and also brings more recognition as well as possible investors.
In this article, we’ll take a look at the impact casinos have on tourism and how they help with the overall economy of a country.
What is casino tourism?
Casino tourism is a combination of two sectors – gaming and travel. It involves the people who travel for the primary purpose of gambling and the companies rendering support to these kinds of people. Casino resorts play a crucial role in this kind of tourism, as they are essential in attracting visitors. Casino tourism attracts those players who seek other locations to their own, in which they might not be allowed to take part in any form of gambling activities.
Evidence of a correlation between casino and tourism
Just by taking a look at the biggest casinos across the globe, you’d get to know how tourism is boosted by gambling venues in countries like the USA, UK, Macau, and Australia. Just to give you an idea, Las Vegas was able to bring 42.5 million visitors in 2019. And that’s not even surprising simply because the Vegas Strip is the place to go if you want to have a lot of fun and make some decent amount of money. Of course, the glitz and glamour of the city also attracts many tourists from around the world. However, it’s the overall gambling atmosphere and all casino games that bring them in.
Another popular gambling mecca is Macau, which is a region in China’s territory. Over the years, Macau has managed to become one of the world’s biggest gambling hubs, and it also overtook Las Vegas in gambling receipts back in 2010. Just like other gambling hubs in the world, Macau also focused their efforts on providing their high paying customers with VIP services, including private gambling rooms, golden member privileges, amazing amenities, and much more.
Even though Macau offered such amazing services, some players were not completely satisfied. So, a number of Chinese players went over to Australia Instead. As Australia made huge casino developments, over 1 million of the Chinese gamblers switched over to Australia.
And it’s not only these big countries who have experienced growth in tourism because of casinos. Other small countries like Monaco, Philippines, Singapore, and Cambodia have also boasted strong revenues from tourists who visit these countries to play at their land-based gambling venues.
How casino tourism impact other industries
Just like UK online casinos, the great thing about casino tourism is that it can bring in a large number of people from various countries and concentrate them in one location. As there are a lot of people around gambling venues, other industries can also benefit from that. The hospitality industry is one such sector that really benefits from casino tourism. Where there is a casino, it’s obvious that there would be restaurants, hotels, and resorts. This is the reason why hotels and Online gambling have become so closely related in recent years.
Not only hotels and restaurants will experience growth, but even tourist attractions around the area would flourish as well. Local restaurants will receive a flock of tourists who come from the casinos. These foreign visitors would then get a chance to try the local cuisines, which further contributes to the country’s tourism.
Impact on across border markets
You might be aware of the fact that gambling in some countries is illegal. Of course, this doesn’t stop the citizens of the countries who want to gamble. What they would do is either travel to the nearest countries that offer legalized gambling services or search from a list of internet casinos wherein they can play online slots real money and other casino games from the comfort of their home. By offering services to players that their own home country can’t offer, various countries have opened up new markets for opportunity.
The presence of overseas workers
With the presence of a more diverse crowd also comes the presence of more overseas workers. For instance, let’s take a look at Australian casinos. Because of the high number of Chinese gamblers playing at Australian casinos, the demand for Mandarin-speaking dealers also increased. What most gambling venues do is that they employ staff who either speak Mandarin or dealers that come from Mandarin-speaking countries.
All of these points indicate that there’s definitely a relationship between gambling venues and overall tourism. So, it won’t be wrong to say the casino industry can have a big impact on the overall tourism situation of a country.