The casino gaming market size has seen significant growth in recent years, increasing from $24.59 billion in 2023 to $26.30 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. This growth during the historic period can be attributed to factors such as the expansion of online and mobile gaming, legalization and regulation of gaming activities, the growth of casinos, tourism, and the broader entertainment sector. The casino gaming market size is expected to continue growing, reaching $34.94 billion by 2028, with a CAGR of 7.4%. In the forecast period, factors such as the social and cultural acceptance of gaming, the increasing prevalence of smartphones, economic growth, and the expansion of sports betting will drive growth. Key trends expected to shape the future include decentralized gaming platforms, innovations in virtual reality (VR) and augmented reality (AR), the application of emerging technologies like AI, and the establishment of more partnerships in the gaming sector.
Global Casino Gaming Market Key Driver
The increasing adoption of online and mobile gaming is expected to propel the growth of the casino gaming market going forward. Online and mobile gaming refers to playing video games or casino games through internet-connected devices such as computers, smartphones, and tablets. These forms of gaming have become increasingly popular due to advancements in technology and widespread internet access. The adoption of online and mobile gaming is driven by the availability of high-speed internet, the proliferation of smartphones and tablets, and the growing demand for accessible, interactive, and portable gaming experiences. Casino gaming enhances online and mobile gaming by providing a diverse range of engaging and immersive gambling experiences that can be accessed and enjoyed through digital platforms, thereby broadening the appeal and reach of online and mobile gaming. For instance, in May 2023, according to Uswitch Limited, a UK-based online comparison and switching service, the number of online gamers globally in 2022 reached 3.2 billion. Over the next decade, this number is forecasted to increase significantly, with global gamers projected to reach 5.7 billion by 2032, a 44% increase from 2022. Therefore, the increasing adoption of online and mobile gaming is driving the growth of the casino gaming market.
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Global Casino Gaming Market Segments
The casino gaming market covered in this report is segmented –
1) By Type: Land-Based Casino Gaming, Online Casino-Gaming
2) By Game Type: Blackjack, Craps, Poker, Roulette, Slot Machines
3) By End-Users: Dabblers, Gambling Enthusiasts, Lottery Loyalists, Social Exuberants, Unengaged Audience
By Geography:The regions covered in the casino gaming market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the global casino gaming market in 2023.
Major Casino Gaming Industry Players
Caesars Entertainment Inc., Flutter Entertainment plc, International Game Technology plc, Aristocrat Leisure Ltd., Novomatic AG, Light and Wonder Inc., Konami Group Corp., 888 Holdings plc, BETSSON AB, Everi Holdings Inc., PlayAGS Inc., Inspired Entertainment Inc., Incredible Technologies Inc., Interblock dd, TCS John Huxley Ltd., Euro Games Technology Ltd., Aruze Gaming Technologies Co. Ltd., Eclipse-Gaming Systems, AMATIC Industries GmbH, Abbiati Casino Equipment S.r.l., APEX pro-gaming s.r.o, GameBridge Casino Equipment, Jackpot Digital Inc.
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Casino Gaming Market Overview
Casino gaming refers to the variety of gambling activities and games in casinos involving the wagering of money or valuables on games of chance or skill. It is used for entertainment and recreation, offering slot machines, table games, and electronic gaming devices. The primary objective of casino gaming is entertainment, with the potential for monetary gain adding to the excitement for participants.
Casino Gaming Global Market Report 2023 provides data on the global casino gaming market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The casino gaming market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
