Session Title
Session 2-1-E: New Horizons and Generations in Gaming
Presentation Type
Paper Presentation
Location
Park MGM, Las Vegas, NV
Start Date
24-5-2023 9:00 AM
End Date
24-5-2023 10:30 AM
Disciplines
Advertising and Promotion Management | Gaming and Casino Operations Management | Marketing | Tourism and Travel
Abstract
Abstract
While the Chinese GenX spend largely in gambling activities during their visits to the destinations which are famous for their casino tourism industry, the GenY have shown less enthusiasm to be the high rollers. Regarding the Chinese GenZ, their spending behaviours in casino tourism will continue to exhibit changes and differences comparing to the GenX and GenY, especially for the non-gaming expenditure. Considering the potential purchasing power of GenZ, it is important for integrated resorts operators to understand the changing consumption behaviour of this new generation. For this, online questionnaire survey and analysis of narratives are employed to explore and uncover the changing behaviours of Chinese GenZ in their casino tourism trips. Therefore, implications from marketing perspectives are analysed for IR operators to make precision marketing strategies of gaming devices and non-gaming services, which contributes to the future development and sustained growth of the IRs in the Asian markets, including Macao.
Statement of implication of the material to be presented
This article explicates the potential changes in the spending behaviours of the Chinese GenZ in their casino tourism trips, and navigates the IR operators to optimize precision marketing strategies of gaming devices and non-gaming service to sustain the future growth in Asian markets.
Keywords
casino tourism; Asian market; consumer behaviour; marketing strategy; Chinese GenZ; Macao
Funding Sources
None
Competing Interests
None
Included in
Advertising and Promotion Management Commons, Gaming and Casino Operations Management Commons, Marketing Commons, Tourism and Travel Commons
Analysis of the changing behaviours of Chinese GenZ towards casino tourism: Implications to the Asian markets
Park MGM, Las Vegas, NV
Abstract
While the Chinese GenX spend largely in gambling activities during their visits to the destinations which are famous for their casino tourism industry, the GenY have shown less enthusiasm to be the high rollers. Regarding the Chinese GenZ, their spending behaviours in casino tourism will continue to exhibit changes and differences comparing to the GenX and GenY, especially for the non-gaming expenditure. Considering the potential purchasing power of GenZ, it is important for integrated resorts operators to understand the changing consumption behaviour of this new generation. For this, online questionnaire survey and analysis of narratives are employed to explore and uncover the changing behaviours of Chinese GenZ in their casino tourism trips. Therefore, implications from marketing perspectives are analysed for IR operators to make precision marketing strategies of gaming devices and non-gaming services, which contributes to the future development and sustained growth of the IRs in the Asian markets, including Macao.
Statement of implication of the material to be presented
This article explicates the potential changes in the spending behaviours of the Chinese GenZ in their casino tourism trips, and navigates the IR operators to optimize precision marketing strategies of gaming devices and non-gaming service to sustain the future growth in Asian markets.