PUBLISHER: The Business Research Company | PRODUCT CODE: 1703077
PUBLISHER: The Business Research Company | PRODUCT CODE: 1703077
Casino gambling involves participating in various games of chance at a casino, where individuals wager money or valuables on different outcomes. This can include playing slot machines, card games, dice games, and other entertainment options. The main objective is to win money while enjoying the experience offered by the casino.
The primary forms of casino gambling include live casinos, baccarat, blackjack, poker, slots, and others. A live casino is an online platform where players can engage in real-time casino games with live dealers through streaming video. These games are accessible on both offline and online platforms and cater to a range of users, such as casual players, gambling enthusiasts, lottery fans, social gamblers, and those who are less engaged.
The casino gambling market research report is one of a series of new reports from The Business Research Company that provides casino gambling market statistics, including the casino gambling industry's global market size, regional shares, competitors with a casino gambling market share, detailed casino gambling market segments, market trends and opportunities, and any further data you may need to thrive in the casino gambling industry. This casino gambling market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The casino gambling market size has grown strongly in recent years. It will grow from $160.58 billion in 2024 to $172.94 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to the relaxation of gambling laws, adoption of online gambling platforms and mobile gaming apps, strong economic growth, increased global travel and tourism, and aggressive marketing campaigns.
The casino gambling market size is expected to see strong growth in the next few years. It will grow to $230.35 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to continued advancements in VR, AR, and blockchain technology, post-pandemic economic growth, increased penetration of smartphones and better internet connectivity, entry of major casino operators into emerging markets, strengthening synergies between the casino gambling industry and the broader tourism and leisure sectors. Major trends in the forecast period include virtual reality (VR) and augmented reality (AR) gaming, blockchain and cryptocurrency integration, artificial intelligence (AI) and machine learning (ML), integration of esports betting within casinos, and the development of hybrid models.
The expansion of online gambling is expected to drive the growth of the casino gambling market in the coming years. Online gambling involves placing bets or engaging in games of chance over the internet, for money or other stakes. This growth is primarily fueled by improved internet access, the convenience of digital platforms, and the widespread use of mobile devices. Online gambling contributes to the growth of casino gambling by enhancing brand visibility and attracting new players through engaging, accessible digital experiences. For example, according to a May 2023 report from CasinosEnLigne.com, a Canadian website that tracks the online gambling industry, the sector doubled in size over a four-year period, reaching 176 million users and generating $95 billion in revenue in 2023. This revenue has seen an average annual growth of 20%. As a result, the rise of online gambling is playing a key role in the overall expansion of the casino gambling market.
Major players in the casino gambling market are increasingly concentrating on the development of cutting-edge technologies, including next-generation gaming platforms, to enhance user experience and improve operational efficiency. Next-generation gaming platforms are sophisticated systems that offer advanced features, refined user interfaces, and superior scalability. These platforms are designed to provide an exceptional gaming experience while optimizing operational processes. For instance, in January 2024, Gaming Innovation Group (GiG), a Malta-based iGaming technology firm, introduced two online casino brands, PlayR and Palasino. PlayR is aimed at the burgeoning Brazilian market, which has recently granted regulatory approval for online casinos. The brand will leverage GiG's next-generation platform technology to boost user experience and operational efficiency within this emerging market. Palasino, on the other hand, will incorporate GiG's award-winning player account management system along with advanced AI solutions. This integration is intended to enhance player acquisition and retention, thereby improving operational effectiveness in complex regulatory settings.
In April 2024, Gambling.com Group, a US-based performance marketing and sports betting media company, completed the acquisition of Freebets.com. The terms of the acquisition were not disclosed. This strategic move is expected to notably impact the European online gambling affiliate market, positioning Gambling.com Group to drive accelerated growth in both established European markets and emerging regions. Freebets.com is a UK-based sports betting service provider.
Major companies operating in the casino gambling market are MGM Resorts International Inc., Flutter Entertainment plc, Caesars Entertainment Inc., Wynn Resorts Limited, International Game Technology PLC, Boyd Gaming Corporation, Hard Rock International Inc., SJM Holdings Limited, Genting Berhad, Galaxy Entertainment Group Limited, Evoke plc, Kindred Group Plc, Melco Resorts & Entertainment Limited, Konami Gaming Inc., Penn National Gaming Inc., Cher-Ae Heights Casino, Galaxy Gaming Inc., Table Trac Inc., Tangam Systems Inc., Novomatic AG, Las Vegas Sands Corp.
North America was the largest region in the casino gambling market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the casino gambling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the casino gambling market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The casino gambling market consists of sales of gaming tables, card shufflers, electronic roulette wheels, and video poker machines. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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.
Casino Gambling Global Market Report 2025 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 gambling 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.
Where is the largest and fastest growing market for casino gambling ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The casino gambling 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.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.