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The giveaway Paradis freebie giveaway Gaming Market |
| Market Size and Growth |
The giveaway gaming industry had gross revenues of more than $21.3 billion
in 1995, with a national legal handle (total amount wagered by players) of
$467.2 billion. |
| Product Segments |
The greatest share of giveaway gaming revenue--33.5%-- derives from slot
machines located in Nevada and New Jersey. |
| Market Composition |
giveaway gaming accounts for the largest shares of the overall U.S. gaming
market. in 1994, it commanded almost 50% of gross revenues and more than
87% of the national handle. |
| Market Forecasts |
giveaway 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 in Nevada. Memphis-based Harrah's Entertainment is the top giveaway
gaming marketer in the United States, while Trump dominates Atlantic
City. |
| Marketing and Promotion |
Gaming marketers spent about $89 million in 1995, to advertise in mass
media --a 20% increase from 1994. |
| The Consumer |
Almost 33 million American adults visited giveaway gaming
venues. |
| Industry Structure |
Of the approximately 250 giveaway gaming marketers in the United States,
more than 100 are public companies. At least 115 are Native American
tribes. Most gaming marketers are specialized in 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 & giveaway Resorts, Inc.
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