Gambling is one such significant term globally, which is very popular, and that’s how casinos are such big names these days. Many countries develop casinos to attract tourists from different countries, and it is boosting the environment as well as economy drastically. More money subsequently gets the recognition and recognition will bring the tourists. The casinos are affecting both economies of the country and also the tourists’ number. Some countries got recognition only because of casinos for their service, treatment, and how they progress the customers.
Correlation Between Casino and tourism
We have already seen that the countries With casinos have a more excellent economy. We can clear this fact by looking at the stats of the biggest casinos around the world. The tourists attract more to these places. Countries like the USA, Macau, and Australia boost their tourism through casinos.
For example, countries gaining tourism with the help of casinos, Las Vegas, Nevada can alone bring the revenue of mor6⁶6e than 40 million tourists in 2016. Las Vegas is not surprising as we go there only if we want to win a lot of casino money and have fun. Their casinos are tourist attractions, and the gambling experience and ambiance depend upon their showcase and promotions.
Macau, the intense competitor
Macau is one strong Competitor of Las Vegas, one of the biggest gambling houses globally. It is in the region of China’s territory. Back in 2010, Macau was able to overtake Las Vegas in gambling receipts. With VIP service, they also provided high clients just like Vegas.
There were many facilities like private rooms for gambling, Golden member privileges, excellent amenities, etc. The high rollers made around 66% of overall casinos profit in 2013, while these amenities brought the attention of wealthy tourists. Due to the anti-corruption crackdown, the sudden increase in profit was stopped in 2014 by Xi Jinping’s government.
Instead of higher rollers, they focused on the mass market to attain stability.
Australian casinos are hitting the market.
Even after Macau casinos held the ground, few gamblers in China were not satisfied. They all shifted to Australia because of its immense casino development. Over 1 million Chinese gamblers moved to Australia. Casinos became one of the biggest Australian attractions, even more than Vegas and Macau, with 10 million visitors.
Smalls countries make profits too.
It’s not like only these big countries had made the best out of the tourism sector because of casinos. Certain countries like Monaco, the Philippines, Cambodia, and Singapore are small countries but boasted substantial revenues from tourists who play casinos in these countries. We can have an idea of how casinos are impacting, which the tourism took to a higher level.