France Casino Tourism Market Outlook (2022 to 2032)
As per newly released data by Future Market Insights (FMI), the France Casino Tourism Market is estimated at US$ 9170.7 Million in 2022 and is projected to reach US$ 14515.64 Million by 2032, at a CAGR of 4.7% from 2022 to 2032.
Attribute
Details
France Casino Tourism Market Estimated Size (2022)
US$ 91.70.7 Million
France Casino Tourism Market Projected Size (2032)
US$ 14515.64 Million
France Casino Tourism Market Value-based CAGR (2022 to 2032)
4.7%
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2017 to 2021 France Casino Tourism Market Outlook Compared to 2022 to 2032 Forecast
Due to the hospitality industry's double-digit expansion over the past ten years and increasing tourist demand for premium accommodations, the market for casino hotels worldwide is experiencing increased growth. Over the past few years, the casino market has grown significantly. This has enabled the sector's investors to make investments and build a number of opulent casino hotels in numerous prominent locations. Revenues from a wide range of services and amenities, including entertainment, food, drink, dining, rooms, lodging, casinos, gambling, etc., are generated by the casino hotel industry. Worldwide, the number of casino hotels is rapidly dominating the accommodation and hotel sectors in terms of visitor preference.
It is not unexpected that gambling has a long history in France given the nation's role in the creation of many well-known casino games that are still played today. Don't forget, as a visitor, that Blaise Pascal, a renowned French mathematician, and scientist, invented the roulette wheel here. In addition, pari-mutuel betting and chemin de fer, the precursor to what is today known as baccarat, originated in France. French inventors also created the 52-card decks that are utilized by gaming organizations all over the world.
The Trend of generating tax benefits the Casino Tourism Market
The recent surge in the popularity of casino gambling is largely due to the tax benefits it provides. The government sees gambling as having a lot of value since it can use the tax money to make investments in the economy and society. However, compared to other labor-intensive export operations, tourism will benefit people less as they move down the socioeconomic scale than other labor-intensive export activities. Therefore, a reasonable redistributive system is viewed as a strategy to alleviate the unfavorable consequences of tourism with regard to gambling and other forms of tourism.
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Online Gambling Marketing Trend to Boost the Casino Tourism Market
The market is anticipated to increase over the forecast period as more suppliers attempt to utilize online and mobile environments to reach a broader audience. It will be difficult for these marketers to connect with their clients through social media and mobile in a personalized approach that doesn't feel intrusive. Because millennials make up a large number of mobile users and actively avoid commercials, marketers will need to produce content that is both educational and engaging
Country-wise Insight
Tourism is the main source of revenue in France: Cannes Film Festival
Casino Barriere Le Croisette is located in Palais des Festivals, by the Riviera, the downtown core of Cannes. It is the largest casino in Cannes with its Black Jack, Texas Hold'em, and roulette tables, Cannes has been the epicenter of gambling in Europe since the turn of the 20th century. Cannes is the only city in France with three casinos, Palm Beach, Casino Croisette, and Casino Les Princes, providing an unmatched selection of entertainment venues from the Croisette's tip to the Palais des Festivals. To please gamers from all around the world, each establishment aspires to sophistication and elegance. One thing is certain in Cannes: the thrill of the game is not random.
The online Gambling Market is the major driving factor in the France Casino Tourism market
Gambling online is becoming mobile. For the first time in Europe, online betting from mobile devices (phones and tablets) is anticipated to surpass betting from desktop computers in 2021, with 50.5% of online bets anticipated from mobile devices and 49.5% from desktop computers. The shares of online gambling products in the various national gaming marketplaces vary significantly. Online poker and casinos are not allowed in Cyprus, despite the fact that they account for 24% of all gaming revenue there (all offshore). Online casinos are not allowed in France, despite the fact that they generate 16% of all gambling revenue there (all offshore).It is noteworthy that many of the nations with larger overall gambling markets by revenue, including Germany, France, Italy, and Spain, have relatively smaller online gambling market shares.
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Category-wise Insights
Which is the most preferred Game Type in the France Casino Tourism market?
Roulette is the most preferred Game type in the France Casino Tourism market
Roulette is le game of choice when it comes to the French, after all, Roulette is French for the little wheel and this game is invented in France. Roulette is the oldest game in the casino market. The game that everyone wants to play the most is roulette, and you can see it in many well-known Hollywood productions like James Bond. It is only well-known because of how thrilling the game's gameplay makes the interaction between players. Because it never fails to delight, roulette has become incredibly popular in live dealer gaming. Otherwise, the bettor may feel a little disappointed but will undoubtedly find enjoyment in the game.
Which age group of Tourists is Preferred in the France Casino Tourism market?
The medium age group leads the France casino Tourism Market
The typical patron of a land-based commercial casino in 2021 was still significantly younger than it was before the epidemic, according to the American Gaming Association (AGA). According to data from the AGA poll, the median age of a casino customer in 2021 was 43.6 years old, down from 49.6 in 2019 and 48.6 in 2018. In the next years, the age range of 35 to 50 will continue to grow in popularity.
What Tourist Type is Famous Amongst Tourists in the France Casino Tourism market?
International Traveler is the most prominent category
France is the most traveled destination for the last 30 years. International tourist visits to discover rich and heritage places. One of the largest contributors to the hospitality and tourism industry is casinos, which provide spectacular income and profit figures and have a significant economic impact on the region where they are located. The economic impact is what drives regional or global tourism growth strategies that draw tourists who are anticipated to buy both casino products and ancillary tourism services/experiences. The economic impact is what drives the popularity of casino-development projects undertaken in the last 20 years.
Competitive Landscape
By providing all-inclusive packages and sparing the visitors from the burden of navigating several channels for their excursions, the major players are able to preserve their competitive edge in the market. The industry is growing as a result of government investments and initiatives, which have also assisted businesses in enhancing their service portfolios.
For Instance:
The old Online Gambling Regulation Authority (ARJEL)'s have been transferred to the National Gambling Authority (ANJ), which was established by Ordinance No. 2019 to 1015 of October 2, 2019, along with new ones. The ANJ is very skilled at granting licenses to operators of sportsbooks and internet gaming.
Scope of Report
Attribute
Details
Forecast Period
2022 to 2032
Historical Data Available for
2017 to 2021
Market Analysis
US$ Million for Value
Key Regions Covered
Europe
Key Countries Covered
France
Key Segments Covered
Game Type, Casino Type, End Users, Tourist Type, Tour Type, Consumer Orientation, Age Group, and Region
Key Companies Profiled
Tripadvisor
Akshaya India Tours and Travels Ltd.
Kesari Tours Pvt Ltd.
Novomatic
Thomascook. in
Viator, Inc
TravelMyGlobe.com
Expedia, Inc.
Report Coverage
Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
The France Casino Tourism Market by Category
By Game Type:
3 Card Poker
American Roulette
Blackjack
Casino Stud Poker
Dice
Punto Banco
Others
By Casino Type:
Commercial
Tribal
Limited Stakes
I-gaming
By End Users (% of Demand):
Gambling Enthusiasts
Social Exuberant
Dabblers
Lottery Loyalists
Unengaged Audience
By Tourist Type:
Domestic
International
By Tour Type:
Independent Traveller
Package Traveller
Tour Group
By Consumer Orientation:
Men
Women
By Age Group:
15-25 Years
26-35 Years
36-45 Years
46-55 Years
66-75 Years
Frequently Asked Questions
What is the current market value of the France Casino Tourism market?
The France Casino Tourism Market is currently valued at US$ 9170.7 Million in 2022.
What is the forecasted growth rate for the France Casino Tourism market?
The France Casino Tourism Market is currently forecasted to grow at a rate of 4.7% CAGR during the forecast period.
What are the key trends driving the France Casino Tourism market?
Driving trends in the France Casino Tourism Market are the Online gambling market to boost the tourism market.
Who are the leading players in the France Casino Tourism market?
Leading players operating in the France Casino Tourism Market are TripAdvisor, Akshaya India Tours and Travels Ltd., Kesari Tours Pvt Ltd., Novomatic, Thomascook.in, Viator, Inc., Casino org, TravelMyGlobe.com, Expedia, Inc.
Table of Content
1. Executive Summary | France Casino Tourism Market
1.1. France Market Outlook
1.1.1. Who Is Travelling?
1.1.2. How Much Do They Spend?
1.1.3. Direct Contribution of Tourism To GDP
1.1.4. Direct Contribution of Tourism To Employment
1.2. Tourism Evolution Analysis
1.3. FMI Analysis and Recommendations
2. Market Introduction
2.1. Total Spending (US$ Million) and Forecast (2022 to 2032)
2.2. Number of Travelers (Million) and Forecast (2022 to 2032)
2.3. Total Spending Y-o-Y Growth Projections (2022 to 2032)
2.4. Number of Travelers Y-o-Y Growth Projections
3. Global Tourism Industry Analysis
3.1. Tourism Industry Overview
3.1.1. Travel & Tourism Industry Contribution To Global GDP
3.1.1.1. Business Spending v/s Leisure Spending
3.1.1.2. Domestic v/s Foreign
3.1.1.3. Direct, Indirect, and Induced
3.1.2. Travel Sector Contribution To Global Overall Employment
3.1.3. Travel & Tourism Growth Rate
3.1.4. Foreign Visitor Exports As Percentage of Total Exports
3.1.5. Capital Investment In Travel & Tourism Industry
3.1.6. Different Components of Travel & Tourism
3.1.7. Global Tourism Industry Outlook
3.1.7.1. Cultural Tourism
3.1.7.2. Culinary Tourism
3.1.7.3. Eco/Sustainable Tourism
3.1.7.4. Sports Tourism
3.1.7.5. Spiritual Tourism
3.1.7.6. Wellness Tourism
3.1.7.7. Others
4. Market Dynamics
4.1. Market Drivers & Opportunities
4.1.1. Government authorities legalizing and regulating gambling
4.1.2. Casinos generating employment and aiding the economic growth
5. Market Background
5.1. Top 10 Market Companies
5.2. Macro-Economic Factors
5.2.1. Global GDP Growth Outlook
5.2.2. Global Industry Value Added
5.2.3. Global Consumer Spending Outlook
5.2.4. Global Direct contribution of Travel & Tourism to GDP
5.2.5. Global Visitor Exports and International Tourist Arrivals
5.2.6. Capital Investment In Travel & Tourism
5.2.7. Top Tourism Spending Countries
5.3. Forecast Factors - Relevance & Impact
6. Categorizing of Sector 2021
6.1. Introduction/ Key Findings
6.2. Current Market Analysis By Game Type (% of Demand)
6.2.1. 3 Card Poker
6.2.2. American Roulette
6.2.3. Blackjack
6.2.4. Casino Stud Poker
6.2.5. Dice
6.2.6. Punto Banco
6.2.7. Others
6.3. Current Market Analysis By Casino Type (% of Demand)
6.3.1. Commercial
6.3.2. Tribal
6.3.3. Limited Stakes
6.3.4. I-gaming
6.4. Current Market Analysis By End Users (% of Demand)
6.4.1. Gambling Enthusiasts
6.4.2. Social Exuberant
6.4.3. Dabblers
6.4.4. Lottery Loyalists
6.4.5. Unengaged Audience
6.5. Current Market Analysis By Age Group (% of Demand)
6.5.1. 18-25 Years
6.5.2. 25-35 Years
6.5.3. 35-50 Years
6.5.4. 50-65 Years
6.5.5. 65 Years and Above
6.6. Current Market Analysis By Tourist Type (% of Demand)
6.6.1. Domestic
6.6.2. International
6.7. Current Market Analysis By Age Group (% of Demand)
6.7.1. Men
6.7.2. Women
6.8. Current Market Analysis By Tour Type (% of Demand)
6.8.1. Independent Traveller
6.8.2. Tour Group
6.8.3. Package Traveller
6.9. Key Findings, By Each Category
7. Competition Analysis
7.1. Competition Dashboard
7.2. Competition Benchmarking
7.3. Competition Deep Dive
7.3.1. TravelMyGlobe.com
7.3.1.1. Overview
7.3.1.2. Service Portfolio
7.3.1.3. Strategy Overview/campaigns
7.3.2. Expedia, Inc.
7.3.2.1. Overview
7.3.2.2. Service Portfolio
7.3.2.3. Strategy Overview/campaigns
7.3.3. Akshaya India Tours and Travels Ltd.
7.3.3.1. Overview
7.3.3.2. Service Portfolio
7.3.3.3. Strategy Overview/campaigns
7.3.4. Kesari Tours Pvt Ltd.
7.3.4.1. Overview
7.3.4.2. Service Portfolio
7.3.4.3. Strategy Overview/campaigns
7.3.5. Novomatic
7.3.5.1. Overview
7.3.5.2. Service Portfolio
7.3.5.3. Strategy Overview/campaigns
7.3.6. Thomascook. in
7.3.6.1. Overview
7.3.6.2. Service Portfolio
7.3.6.3. Strategy Overview/campaigns
7.3.7. Viator Inc.
7.3.7.1. Overview
7.3.7.2. Service Portfolio
7.3.7.3. Strategy Overview/campaigns
7.3.8. Casino org
7.3.8.1. Overview
7.3.8.2. Service Portfolio
7.3.8.3. Strategy Overview/campaigns
7.3.9. TravelMyGlobe.com
7.3.9.1. Overview
7.3.9.2. Service Portfolio
7.3.9.3. Strategy Overview/campaigns
7.3.10. Others (as per request)
7.3.10.1. Overview
7.3.10.2. Service Portfolio
7.3.10.3. Strategy Overview/campaigns
7.4. Social Media Platforms Preferred
7.4.1. Facebook
7.4.2. YouTube
7.4.3. Instagram
7.4.4. Twitter
7.4.5. LinkedIn
7.4.6. Pinterest
7.4.7. Google+
7.4.8. Others
7.5. Perceptions of the Proposed Art Sector Tour Package
7.6. Consumer Perception for Destinations On Social Media Platforms-Positive and Negative Mentions
7.7. Trending #Hashtags
7.8. Social Media Platform Mentions (% of Total Mentions)
7.9. Region-Wise Social Media Mentions (% of Total Mentions)
7.10. Trending Subject Titles
8. Assumptions and Acronyms Used9. Research Methodology
