What are the recent trends in market size and growth for the casino gaming market?
The casino gaming market size has grown strongly in recent years. It will grow from $26.3 billion in 2024 to $28.31 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to increasing online and mobile gaming, legalization and regulation, expansion of casinos, entertainment and amenities, and tourism and entertainment.
The casino gaming market size is expected to see strong growth in the next few years. It will grow to $37.45 billion in 2029 at a compound annual growth rate (CAGR) of 7.2%. The growth in the forecast period can be attributed to social and cultural acceptance, social and cultural acceptance, increasing prevalence of smartphones, economic growth, and the growth of sports betting. Major trends in the forecast period include decentralized gaming platforms, innovation in virtual reality (VR) and augmented reality (AR), emerging technologies Such As AI, technological advancements, and increasing partnerships.
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How have varous drivers impacted the growth of the casino gaming market?
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 due to the widespread availability of high-speed internet, the proliferation of smartphones and tablets, and the growing demand for accessible, interactive, and portable gaming experiences. Casino gaming is helpful for online and mobile gaming by providing a diverse range of engaging and immersive gambling experiences that can be accessed and enjoyed through digital platforms, enhancing the overall 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 forecast 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.
What are the primary segments of the casino gaming market?
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
Subsegments
1) By Land-Based Casino Gaming: Slot Machines, Table Games (Poker, Blackjack, Roulette), Sports Betting, Casino Resorts And Hotels
2) By Online Casino Gaming: Online Slot Games, Online Table Games (Blackjack, Poker, Roulette), Live Dealer Games
3) By Mobile Casino Gaming
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Which firms are leading the casino gaming market?
Major companies operating in the casino gaming market are 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.
How will industry trends affect the trajectory of the casino gaming market?
Major companies operating in the casino gaming market are focused on developing innovative technologies, such as online casino platforms, to enhance user engagement, provide immersive gaming experiences, and leverage social interaction features for increased player retention and growth. Online casino platforms are digital environments where users can play casino-style games, such as slots, poker, and roulette, through social networking sites or dedicated apps without real money betting. For instance, in June 2024, Bally’s Corporation, a US-based gambling company, partnered with Ruby Seven Studios Inc., an Indian-based software company, and launched Bally Play, an online social casino game that can be played for free. The platform emphasizes social connectivity with interactive elements such as leaderboards, in-game chat, and friend challenges, fostering a vibrant gaming community. It also includes customizable avatars and virtual currency to enhance the player experience. It integrates special events and tournaments, allowing players to compete for rewards and enjoy exclusive promotions.
Which geographic trends are shaping the casino gaming market, and which region has the highest market share?
North America was the largest region in the global casino gaming market in 2023. The regions covered in the casino gaming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Casino Gaming Market Report 2025 Offer?
The casino gaming market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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.
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