Small scale industry (Grenada)

1) What makes the market "small"

There are no operating casinos. The law allows casinos only inside hotels with 300 + rooms - a requirement that has not yet been met by any current facility; the largest hotel, the Royalton, has 269 rooms. The result is a "zero" list of casinos and the lack of economies of scale around them.

Automatic machines are only autonomous. The regulations explicitly prohibit the connection of slot machines to the central network: licenses are issued only for stand-alone machines. This cuts network savings and limits the product line of halls.

Lotteries are an NLA monopoly. The state operator conducts the main "mass" activity (Lotto, Super 6, etc.), which leaves little space for private scalable formats.

2) Infrastructure and demand: "narrow neck"

Hotel capacity. For a casino to appear, you need a resort of 300 + rooms - and the market so far relies on medium and boutique hotels; Royalton confirms the scale of only 269 rooms as the "ceiling" of operating facilities.

Tourism is growing, but from a low base. Grenada celebrates 2025 on the positive trend of inbound tourism, but regional growth does not automatically turn into a large local gambling cluster without a jerk in the number of rooms.

3) Small economy macro context

Grenada is a small Caribbean economy (GDP about $1.3-1.4 billion; 2024), which in itself limits the "home" demand and the depth of local investment in the entertainment industry.

4) Climate shocks as a factor of scale

Vulnerability to hurricanes and storms shifts budget and investment priorities. Thus, the consequences of hurricane Beryl (2024) were estimated by the authorities to third GDP, which cools large projects until recovery stabilizes.

5) What still works "in small"

License slot machines (stand-alone only) - niche sites without centralized jackpots and network bundles.

NLA lotteries with digital services (result verification, online cabinet) are the main sustainable "mass" product.

6) Growth outlook: What could "turn on the scale"

1. Launching a resort of 300 + rooms. The appearance of a actually commissioned object by the machine will open up the possibility of the first casino license and create the core of the ecosystem (personnel, outsourcing, MICE).

2. Increased tourist capacity. Continuation of the growth trajectory of inbound tourism + new flights/complexes is a prerequisite for the payback of large gambling investments.

3. Stabilization after shocks. Rapid infrastructure restoration and climate risk mitigation through sustainable building standards and insurance tools.

7) Conclusion

The small scale of the industry in Grenada is not a temporary anomaly, but a consequence of the election of politics (casino-in-hotel 300 +), technical restrictions (stand-alone machines) and the size of the economy. Until these prerequisites change (first of all, the 300 + resort will not appear), the market will remain compact and niche, focused on NLA lotteries and small slot halls.