What Has Been The Evolution of the Casino Gaming Equipment Market in Recent Years?
The casino gaming equipment market has seen considerable growth due to a variety of factors.
• The casino gaming equipment market has seen substantial growth in recent years. It is projected to grow from $12.59 billion in 2024 to $13.35 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.0%.
Factors driving this growth include higher disposable incomes, the expansion of the tourism industry, the legalization and regulation of casinos, and increasing societal acceptance.
What Are the Future Growth Projections for the Casino Gaming Equipment Market?
The casino gaming equipment market is expected to maintain its strong growth trajectory in upcoming years.
• The casino gaming equipment market is set to grow to $16.66 billion by 2029 at a CAGR of 5.7%.
Growth drivers include the expansion of online and mobile gaming, enhanced security features, post-pandemic tourism recovery, and the rise of cashless payments. Major trends include greater integration of advanced technologies, mobile and online gaming expansion, enhanced security, personalized gaming experiences, sustainability practices, and new game formats.
What Are The Core Factors Supporting Growth In The Casino Gaming Equipment Market?
The growing number of gambling activities is expected to drive the growth of the casino gaming equipment market. Gambling activities, driven by entertainment preferences, online platforms, and financial incentives, have increased. Casino gaming equipment, such as slot machines and electronic terminals, is essential to support these activities. In December 2022, the European Gaming and Betting Association reported a 23% increase in Europe's gambling sector's gross gaming revenue, reaching €108.5 billion in 2022. Therefore, the growth in gambling activities is boosting the demand for casino gaming equipment.
What Are The Major Segments Within The Global Casino Gaming Equipment Market?
The casino gaming equipment market covered in this report is segmented –
1) By Type: Gaming Chips, Slot Machines, Casino Tables, Video Poker Machines, Other Types
2) By Installation: Installed Inside Casino, Installed Outside Casino
3) By Mode Of Operation: Floor Mounted, Portable
4) By End-User: Standalone Casino, Hotel Casino, Cruise and Riverboat Casino, Other End Users
Subsegments
1) By Gaming Chips: Casino Chips, Poker Chips, Custom Chips
2) By Slot Machines: Mechanical Slot Machines, Video Slot Machines, Multi-game Slot Machines
3) By Casino Tables: Poker Tables, Blackjack Tables, Roulette Tables, Baccarat Tables
4) By Video Poker Machines: Single Hand Video Poker Machines, Multi-Hand Video Poker Machines
5) By Other Types: Kiosks And Ticketing Systems, Casino Surveillance Equipment, Gaming Cabinets And Displays
Pre-Book The Casino Gaming Equipment Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Trends Are Shaping The Casino Gaming Equipment Market?
Companies in the casino gaming equipment market are developing innovative products such as big-screen slot machines to enhance gaming experiences. In December 2023, Barona Resort & Casino, a US-based hotel, collaborated with Konami Gaming Inc. to introduce the Dimension 43x3 slot machine, featuring a large high-definition screen, interactive elements, and advanced touch-screen technology, offering a more engaging gaming experience.
Who Are the Key Players In The Casino Gaming Equipment Market?
Major companies operating in the casino gaming equipment market are:
• Caesars Entertainment Inc.
• Flutter Entertainment plc
• International Game Technology plc
• Las Vegas Sands Corporation
• Aristocrat Leisure Ltd.
• Novomatic AG
• Scientific Games Inc.
• Light and Wonder Inc.
• Konami Group Corporation
• Melco International Development Limited
• Everi Holdings Inc.
• AGS LLC
• PlayAGS Inc.
• Euro Games Technology Ltd.
• Ainsworth Game Technology LimitedIncredible Technologies Inc.
• TCS John Huxley Europe Limited
• Aruze Gaming America Inc.
• Gaming Partners International Inc.
• Abbiati Casino Equipment S.r.l.
• Gamebridge Casino Equipment
• Matsui Gaming Machine Co. Ltd.
• Angel Group Co. Ltd.
• Jackpot Digital Inc.
What Is The Most Dominant Region In The Casino Gaming Equipment Market?
North America was the largest region in the global casino gaming equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the casino gaming equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
