The global casino industry is experiencing a real construction boom. Consequently, contractors around the world are getting a lot of additional opportunities. This applies both to the implementation of new projects and the modernization of those casinos that already exist. Such a surge is due to both the constant increase in demand for entertainment facilities and the growth of tourist traffic, as well as the growth of the economy as a whole. Casinos are literally pushing the boundaries of technology and luxury, with contractors offering customers increasingly complex, and therefore expensive, buildings.
One of the most vivid proof of the industry’s growth is Resorts World Las Vegas. The state-of-the-art complex, which opened in 2021, cost $4.3 billion. In addition to a giant casino, it also includes a luxury hotel, several restaurants and even a 5,000-seat theater. And in Australia, there is Crown Sydney, a $2.2 billion resort that offers truly incredible amenities. The company recently received a license to operate a casino, so now there’s nothing stopping it from operating legally in Sydney.
Significant investments in the construction of casinos are also observed in Europe. Thus, in Greece on the site of the old airport Ellikon, located in Athens, is supposed to create a luxury casino resort Hellinikon. It is assumed that the multi-billion dollar project will revitalise the region’s tourism sector.
Such a significant financial investment suggests that the owners of this business are looking positively into the future. And this is despite the growth of the iGaming industry. We found Megapari and Pin Up online casinos in search query statistics. At 1win, we found a wide variety of bonuses. These gifts are available via promo codes, which can be obtained at Promocode1win and used during registration. After that, you can use the bonuses for real bets in slot machines.
But the construction of new casinos is only part of it, as the iconic places already familiar to tourists are also being modernized. This process involves changes that take into account new technologies, improved energy efficiency and so on. Thanks to this approach, not only does it enhance the level of guest service, but it also extends the life of the buildings
For example, the modernization of the famous Caesars Palace casino in Las Vegas was recently completed, new gaming features were added and the décor was updated. Everything now looks in line with modern tastes. Bellagio has also maintained its status as a top-notch luxury vacation destination thanks to significant investments in upgrading its guest rooms and public spaces.
The financial impact of casinos cannot be downplayed. In 2022, the global casino market was estimated to be worth approximately $227 billion dollars – just by that figure alone, it’s clear to see just how big that impact is. They also make a significant contribution to the local economy through job creation and tourism.