Corporate Finance Advisors
This industry comprises establishments primarily engaged in operating gambling facilities that offer table wagering games along with other gambling activities, such as slot machines and sports betting. These establishments often provide food and beverage services. Included in this industry are floating casinos (i.e., gambling cruises, riverboat casinos).
United States, 2022
| Casinos (except Casino Hotels) (NAICS 713210) | Casino Hotels (NAICS 721120) | Gambling Industries (NAICS 7132) | |
|---|---|---|---|
| Employer establishments | 342 | 500 | 3,411 |
| Paid employees | 75,989 | 348,043 | 130,582 |
| Annual payroll | US$3.63 billion | US$16.31 billion | US$6.43 billion |
| Average payroll per employee | US$47,737 | US$46,868 | US$49,216 |
Canada, July 2023
| Casinos (except casino hotels) (NAICS 713210) | Casino hotels (NAICS 721120) | |
|---|---|---|
| Business locations with employees | 90 | 9 |
| Share with 1–99 employees | 47.8% | – |
U.S. figures count employer establishments (physical locations); Canadian figures count business locations with employees. The two measures are not directly comparable. US 7132 includes other gambling (e.g., bingo, VLTs). Tribal/government-run operations may be excluded or partially covered.
$1 Million - $5 Million Net Sales
Statistics (Casino Hotels)
Gaming businesses operate under licences that are difficult to obtain and closely regulated, which makes those approvals central to value. Agreements that share revenue with governments or tribal authorities also shape what an owner actually keeps.
Sources
Minerva's CBVs value casinos and gaming businesses for family law matters, tax and estate planning, and transactions.
