How Gambling Changes Tourism: Money Effects

The Money Boost from Casino Tourism

People at casinos spend 3.5 times more than other tourists, putting much more into the local money pot. Most of their spend, about 60%, goes on games, bringing lots of money to the place they visit. This spending turns every dollar spent into $2.50-3.00 for the area, spreading money benefits to the whole community. 이 자료 참고하기

Jobs and Better Pay

Big casino places make many jobs, 3,000-4,000 in each one. These jobs pay 20-30% more than usual tourist jobs. Plus, every job at a casino helps make 1.5 more jobs nearby, making the job market strong.

More Ways to Make Money

Now, casinos make money not just from games but also from shows, food, shops, and hotels, making up 30-40% of their total money. This helps local shops and services grow by 15-20% within 50 miles, helping different parts of tourism.

Direct Money from Casinos

People visiting casinos spend much more, about 3.5 times, than other tourists. Most of what they spend, about 60%, goes on games, with the rest on things like fancy hotels, good food, shows, and high-end shops.

Big Money from Far Away

Casinos draw tourists from far away. These visitors stay longer and spend more. In Las Vegas, people spent about $1,461 each trip last year, with $833 on games. Hotels with casinos have more people staying, about 85% full, compared to regular hotels at 72%.

Making Money in Many Ways

Big resorts make lots of money not just from games but from many other services. This mix helps them stay strong in tough times and make more money from each visitor. Their money plan helps them keep growing, no matter the economy.

Jobs and Local Shops

Building casinos creates lots of new jobs across different areas, like games, hotels, and eats. These jobs pay 20-30% better than most tourist jobs. Every casino job helps make 1.5 more jobs nearby. This helps local shops grow by 25-40%.

Shops
Eats
Shows
Small businesses

More Work from Casinos

Services around the casinos also grow, like marketing and building work. They see 30-45% more business. This builds a strong local money circle, helping towns grow and create new jobs.

Building Bigger

Huge casino projects mean big money spends, $2.5-4 billion each. This goes beyond just the gaming floor, upgrading the whole area. This usually leads to a 15-20% rise in local building work spending.

Better Roads and More

Famous gaming spots need better roads and systems around them. Places like Las Vegas and Macau spend billions on this. For every billion spent on casinos, local areas see $250-300 million more on roads and stuff.

Long-term Money Good

Building projects help local money grow long-term. Places with casinos have much better roads and paths, about 25% better than others. About 40% of the building work helps non-gaming business, helping the whole region grow.

Big Changes from Casinos

Building casinos makes big ripples in local money, making $2.50-$3.00 for each dollar spent. A medium casino with 2,000 workers helps make 3,000 more jobs. Casino cities see more money in shops and restaurants, and more people stay in hotels.

Even More Money

The good changes spread wide, helping real estate, building, business growth, local taxes, and more roads.

Tax Good for Cities

Towns hosting casinos get 8-12% of the game money in taxes, which helps fund lots of local stuff.

Safety
Roads
Schools
General city needs

Lower House Taxes and More

Towns with casinos have lower house taxes and don’t need as much money from loans for big projects. This is thanks to the money from casinos. Mid-sized casinos add $8-12 million in local taxes each year. This helps push up house prices and other taxes, doubling the good money effects for places with casinos.

Promoting Casino Towns

Big casino spots spend parts of their game cash on ads and branding, pulling in all kinds of tourists, not just gamblers.

Three Ways to Sell the Place

Good branding for casino places uses three ways:

Game ads How Blockchain Technology Is Transforming Online Casinos
Other fun things
The place’s own special style

Places using this plan see people spending 12-15% more. Places focusing on fun more than just games see better numbers, like more people staying longer and spending on other stuff.