Casino Global Market Report 2024

Description

“Casino Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on casino market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
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Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for casino? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The casino market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Gambling Machines; Gaming Tables; Other Types
2) By Channel Type: Offline; Online
3) By End User: Routellte; Vr Version
Companies Mentioned: 888 Holdings plc; Boyd Gaming Corporation; Caesars Entertainment Corporation; Melco Resorts and Entertainment Limited; Delaware Park Casino & Racing
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

A casino functions as a venue providing diverse gambling activities to its patrons, aiming to entertain while offering opportunities to win money. In addition to gambling, they furnish amenities such as restaurants, accommodations, and live entertainment to enrich the overall guest experience.

Key categories within a casino encompass gambling machines, gaming tables, and other related offerings. Gambling machines involve mechanisms where coins are inserted into slots, and a handle is pulled to initiate spinning symbols on wheels. These machines are available through both offline and online channels, catering to a range of end users, including roulette and VR versions.

The casino market research report is one of a series of new reports from The Business Research Company that provides casino market statistics, including casino industry global market size, regional shares, competitors with a casino market share, detailed casino market segments, market trends, and opportunities, and any further data you may need to thrive in the casino industry. This casino market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The casino market size has grown strongly in recent years. It will grow from $131.42 billion in 2023 to $138.26 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. During the historical period, the expansion can be credited to several factors, including the prevalence of traditional gambling culture, the evolution of regulatory frameworks, the appeal of tourism and destinations, integration with entertainment and hospitality sectors, economic trends, and consumer spending patterns.

The casino market size is expected to see steady growth in the next few years. It will grow to $165.72 billion in 2028 at a compound annual growth rate (CAGR) of 4.6%. Anticipated growth in the upcoming period is expected due to several factors, notably the ongoing digital transformation within the gambling industry, the rise of cryptocurrency casinos, adaptations in regulations to accommodate online gambling, advancements in gaming technologies, and an increased emphasis on promoting responsible gambling practices. Key trends projected in the forecast period encompass cross-industry collaborations, heightened attention to data security measures, shifts in demographics impacting the gambling landscape, considerations of global economic influences, and a growing focus on environmental sustainability within the industry.

The surge in online gambling is anticipated to be a major driving force for the casino market. Online gambling, facilitated through internet platforms, involves betting and monetary transactions conducted electronically. The digital nature of online gambling allows transactions to occur using credit cards instead of cash, and winnings and losses are settled electronically. In December 2021, the European Gaming and Betting Association reported that Europe's online gambling revenue was projected to reach €36.4 billion ($39.06 billion), constituting 41.7% of total gambling revenue for the year. This growth in online gambling is in stark contrast to the relatively modest increase expected in land-based gambling revenue, reaching €50.8 billion ($54.51 billion) or 58.3% of the total gambling revenue in 2021. Thus, the heightened demand for online gambling is a significant catalyst for the casino market's expansion.

The proliferation of smartphones is poised to be another influential factor propelling the casino market's growth. Smartphones, handheld electronic devices with advanced computing features, internet connectivity, and touchscreen interfaces, have become prevalent worldwide. These devices facilitate convenient access to casino games from any location, offering diverse game options, 24/7 availability, secure payment methods, and exclusive promotions. In March 2023, Cybercrew reported that smartphone usage in UK households had reached 91.43% in 2021, with a projected increase to 93.8% by 2026. The rising penetration of smartphones contributes to the casino market's expansion by providing users with easy access to a variety of casino offerings.

Innovation in product offerings represents a key trend in the casino market, with companies striving to introduce novel products to strengthen their market position. An example is MGM Resorts International's launch of MGM Riches in March 2023. MGM Riches is a pioneering custom slot experience available both online through BetMGM and as a traditional slot game at MGM Resorts locations nationwide. This multi-denomination, multi-level progressive slot game offers two themes-MGM Riches Triple Ruby and MGM Riches 5x Sapphire. MGM Resorts International's commitment to product innovation aligns with the broader trend within the casino market.

Major players in the casino market are strategically partnering to enhance their capabilities. Strategic partnerships involve leveraging the strengths and resources of each company to achieve mutual benefits and success. An example of such collaboration occurred in November 2023 when EveryMatrix, a Mata-based B2B iGaming software provider, entered into a partnership with Caesars Digital, a Las Vegas-based gaming company. This strategic alliance aimed to integrate EveryMatrix's gaming content into Caesars Palace Online Casino and Caesars Sportsbook & Casino in North America. Through this collaboration, clients of Caesars Digital in various US states gained access to a diverse range of real-money games developed by EveryMatrix's in-house studios.

In July 2022, 888 Holdings PLC, a UK-based betting and gaming company, acquired William Hill International for $2.35 billion. This acquisition marked the consolidation of two high-quality businesses, creating a formidable global betting and gaming entity with leading technology, products, and brands spanning sports betting and gaming. William Hill International, the UK-based gambling company acquired by 888 Holdings PLC, offered a range of services including sports betting, online poker, online casino games, and online bingo. These strategic partnerships showcase the industry's trend of major players joining forces to enhance their market positions and capitalize on shared strengths and expertise.

Major companies operating in the casino market report are 888 Holdings plc, Boyd Gaming Corporation, Caesars Entertainment Corporation, Melco Resorts and Entertainment Limited, Delaware Park Casino & Racing, Eldorado Reno Resort Casino, Foxwoods Resort Casino, Galaxy Entertainment Group Ltd., Golden Nugget Atlantic City Hotel Casino & Marina, Harrington Raceway & Casino, LC International Limited, MGM Resorts International, Palms Casino Resort, Penn Entertainment Inc., Bally's Corporation, Churchill Downs Incorporated, Genting Group, Golden Entertainment Inc., Hard Rock International Inc., SJM Holdings Limited, Station Casinos LLC, Star Entertainment Group Limited, Tropicana Entertainment Inc., Wynn Resorts Limited, Las Vegas Sands Corp., Red Rock Resorts Inc., Eldorado Resorts Inc., Monarch Casino & Resort Inc., Pinnacle Entertainment Inc., Isle of Capri Casinos Inc

Asia-Pacific was the largest region in the casino market in 2023. The regions covered in the casino market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the casino market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The casino market includes revenues earned by providing a variety of games such as poker, craps, bingo, baccarat, big six wheels, and slot machines. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10822

1. Executive Summary

2. Casino Market Characteristics

3. Casino Market Trends And Strategies

4. Casino Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Casino Market Size and Growth

5.1. Global Casino Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Casino Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Casino Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Casino Market Segmentation

6.1. Global Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Gambling Machines
Gaming Tables
Other Types
6.2. Global Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Offline
Online
6.3. Global Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Routellte
Vr Version

7. Casino Market Regional And Country Analysis

7.1. Global Casino Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Casino Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Casino Market

8.1. Asia-Pacific Casino Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Casino Market

9.1. China Casino Market Overview
9.2. China Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Casino Market

10.1. India Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Casino Market

11.1. Japan Casino Market Overview
11.2. Japan Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Casino Market

12.1. Australia Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Casino Market

13.1. Indonesia Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Casino Market

14.1. South Korea Casino Market Overview
14.2. South Korea Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Casino Market

15.1. Western Europe Casino Market Overview
15.2. Western Europe Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Casino Market

16.1. UK Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Casino Market

17.1. Germany Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Casino Market

18.1. France Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Casino Market

19.1. Italy Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Casino Market

20.1. Spain Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Casino Market

21.1. Eastern Europe Casino Market Overview
21.2. Eastern Europe Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Casino Market

22.1. Russia Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Casino Market

23.1. North America Casino Market Overview
23.2. North America Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Casino Market

24.1. USA Casino Market Overview
24.2. USA Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Casino Market

25.1. Canada Casino Market Overview
25.2. Canada Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Casino Market

26.1. South America Casino Market Overview
26.2. South America Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Casino Market

27.1. Brazil Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Casino Market

28.1. Middle East Casino Market Overview
28.2. Middle East Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Casino Market

29.1. Africa Casino Market Overview
29.2. Africa Casino Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Casino Market, Segmentation By Channel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Casino Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Casino Market Competitive Landscape And Company Profiles

30.1. Casino Market Competitive Landscape
30.2. Casino Market Company Profiles
- 30.2.2. Boyd Gaming Corporation
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Caesars Entertainment Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Melco Resorts and Entertainment Limited
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Delaware Park Casino & Racing
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Casino Market Competitive Benchmarking

32. Global Casino Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Casino Market

34. Casino Market Future Outlook and Potential Analysis

34.1 Casino Market In 2028 - Countries Offering Most New Opportunities
34.2 Casino Market In 2028 - Segments Offering Most New Opportunities
34.3 Casino Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer