South Korea Casinos and Gaming Market Summary, Competitive Analysis and Forecast to 2027

South Korea Casinos and Gaming Market Summary, Competitive Analysis and Forecast to 2027
Summary

Casinos & Gaming in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key HighlightsThe casinos and gaming market consists of all forms of betting and gaming. All values are stated in terms of gross gaming win (GGR). This is the total amount waged by customers minus the total amount paid out to customers as winnings, but before the payment of any applicable taxes, disbursements to charitable or other causes by games established for those purposes, or other expenses.The South Korean casinos & gaming sector had a total gross gaming win of $3.7 billion in 2022, representing a negative compound annual growth rate (CAGR) of 9.1% between 2017 and 2022.The lotteries segment accounted for the sector's largest proportion in 2022, with a total gross gaming win of $2.4 billion, equivalent to 65.5% of the sector's overall value.As South Koreans are forbidden from gambling in most casinos, the lack of international visitors due to the global lockdown resulted in the decline of sector growth.ScopeSave time carrying out entry-level research by identifying the size, growth, and leading players in the casinos & gaming market in South KoreaUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the casinos & gaming market in South KoreaLeading company profiles reveal details of key casinos & gaming market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the South Korea casinos & gaming market with five year forecastsReasons to BuyWhat was the size of the South Korea casinos & gaming market by value in 2022?What will be the size of the South Korea casinos & gaming market in 2027?What factors are affecting the strength of competition in the South Korea casinos & gaming market?How has the market performed over the last five years?How large is South Korea’s casinos & gaming market in relation to its regional counterparts?