Last updated: May 13, 2024
The ‘Casino Global Market Report 2024’ highlights the thriving casino industry, projecting an increase from $131.42 billion in 2023 to an impressive $165.72 billion by 2028. Fueled by digital transformation and online gambling trends, the report explores key dynamics, geographic assessments, and strategic moves by industry leaders, offering invaluable insights for stakeholders and investors.
The product offering on ResearchAndMarkets.com now includes the report “Casino Global Market Report 2024.”
According to the most recent report on the global casino market, the industry is expected to grow at a compound annual growth rate (CAGR) of 4.6%, reaching an impressive $165.72 billion by 2028 from $131.42 billion in 2023. The report positions itself as a crucial tool for stakeholders in the casino industry by providing a thorough analysis of the market dynamics, anticipated trends, and prospective opportunities.
Cryptocurrency casinos are becoming more and more popular as the casino industry, which is going through a renaissance due to digitization and a shift towards online gambling, observes. The market is expanding due to innovations and a greater emphasis on responsible gaming, which is attracting interest from both long-standing competitors and recent entrants.
Important market factors influencing the growth trajectory of the global casino industry have been revealed in a recent report. One of the main factors reshaping traditional paradigms is the proliferation of smartphones and the rise of online gambling.
Simultaneously, a transformative influence has emerged from the integration of innovative casino products and strategic industry partnerships. The growing dominance of the Asia-Pacific region in the global casino market is highlighted in the report, which attributes this trend to changing consumer behaviour and a booming tourism industry.
The report offers strategic insights into different industry locales and clarifies the factors contributing to the region’s ascendancy through a thorough geographic assessment.
It also explores the global casino market, focusing on the impact of online gambling and smartphone proliferation. It provides a comprehensive analysis of gaming tables, slot machines, and innovative casino experiences, addressing both offline and online modalities. The report uses industry-specific metrics to provide a nuanced understanding of segment performance. This comprehensive analysis is crucial for stakeholders to make informed decisions and plan strategically in the ever-changing industry landscape.
The casino industry is full of strategic alliances, mergers, and acquisitions that are meant to reinforce market positioning and capitalize on group advantages. Examples of these companies are 888 Holdings PLC and Caesars Entertainment Corporation.
The research report on the global casino market offers a comprehensive analysis of the market, taking into account emerging trends in the industry like the incorporation of cutting-edge gaming technologies. It also highlights the expansion plans and operational strategies of leading companies in the gaming industry.
With data-driven confidence, industry investors, strategists, and stakeholders navigating the complex terrain of the casino industry will find this extensive research report to be an invaluable tool.
The purpose of the casino market research report is to meet a variety of informational needs by providing a detailed analysis of how market dynamics, technology developments, and consumer preferences will interact to shape the global gambling industry in the future.
Please take note that over the designated period and geography, the actualized revenues recognized by industry entities are represented by the market value detailed in the report.
The companies featured in this report span the casino industry, encompassing a diverse range of key players. Notable entities include 888 Holdings plc, Caesars Entertainment Corporation, and MGM Resorts International, among others.
This compilation represents a comprehensive overview of prominent businesses shaping the landscape, from international giants like Las Vegas Sands Corp. and Wynn Resorts Limited to regional players such as Galaxy Entertainment Group Ltd. The report provides a valuable snapshot of the industry’s competitive ecosystem, offering insights into the strategic positioning and market presence of these influential companies.
Susan is a verified gambling support specialist who has helped thousands of problem gamblers get back on their feet through therapy and financial counseling. She’s also worked as a cage manager in four Las Vegas casinos and spent two years in Macau in her 30s, where she became extremely savvy at Sic Bo and other Asian table games. Her knowledge and expertise have and continue to play a priceless part in how we structure our content, particularly when it comes to game guides and casino reviews.
