Press release
Casin*o Market Report 2024: Strategies And Recent Developments |888 Holdings plc, Boyd Gaming Corporation, Caesars Entertainment Corporation, Melco Resorts and Entertainment Limited, Delaware Park Casin*o & Racing, Eldorado Reno Resort Casin*o
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2177The Business Research Company offers in-depth market insights through Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The 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%. The growth in the historic period can be attributed to traditional gamblin*g culture, regulatory framework evolution, tourism and destination appeal, entertainment and hospitality integration, economic trends and consumer spending..
The 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%. The growth in the forecast period can be attributed to digital transformation in gamblin*g, emergence of cryptocurrency, regulatory adaptations to online gamblin*g, innovations in gaming technologies, focus on responsible gamblin*g.. Major trends in the forecast period include cross-industry partnerships, focus on data security, changing demographics, global economic factors, environmental sustainability..
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Market Segmentation:
The casin*o market covered in this report is segmented -
1) By Type: Gamblin*g Machines, Gaming Tables, Other Types
2) By Channel Type: Offline, Online
3) By End User: Routellte, Vr Version
Major Driver - Digital Revolution Fuels Unprecedented Growth In Casin*o Market Through The Surge Of Online Gamblin*g
The increased demand for online gamblin*g is expected to propel the growth of the market going forward. Online gamblin*g refers to the use of internet to place bets and earn money. Online gamblin*g helps market to grow by taking place on a digital platform and placing bets with credit cards rather than cash, and both winnings and losses are settled electronically. For instance, in December 2021, according to the European Gaming and Betting Association, a Belgium-based trade association representing the online gamblin*g operators, Europe's online gamblin*g revenue is predicted to reach €36.4 billion ($39.06 billion)- 41.7% of total gamblin*g revenue in 2021. However, land-based gamblin*g revenue is predicted to rise somewhat to €50.8 billion ($54.51 billion)- 58.3% of total gamblin*g revenue in 2021. Therefore, the increased demand for online gamblin*g is driving the growth of the casin*o market.
Competitive Landscape:
Major companies operating in the casin*o market report are 888 Holdings plc, Boyd Gaming Corporation, Caesars Entertainment Corporation, Melco Resorts and Entertainment Limited, Delaware Park & Racing, Eldorado Reno Resort , Foxwoods Resort , Galaxy Entertainment Group Ltd., Golden Nugget Atlantic City Hotel & Marina, Harrington Raceway & , LC International Limited, MGM Resorts International, Palms Resort, Penn Entertainment Inc., Bally's Corporation, Churchill Downs Incorporated, Genting Group, Golden Entertainment Inc., Hard Rock International Inc., SJM Holdings Limited, Station LLC, Star Entertainment Group Limited, Tropicana Entertainment Inc., Wynn Resorts Limited, Las Vegas Sands Corp., Red Rock Resorts Inc., Eldorado Resorts Inc., Monarch Casin*o & Resort Inc., Pinnacle Entertainment Inc., Isle of Capri Casin*os Inc. .
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https://www.thebusinessresearchcompany.com/report/casin*o-global-market-report
Top Trend - Revolutionizing The Casin*o Experience Through Product Innovation
Product innovation is a key trend gaining popularity in the casin*o market. Companies operating in the casin*o market are focused on innovative products to reinforce their position in the market. For instance, in March 2023, MGM Resorts International, a US-based sports betting and iGaming operator, launched MGM Riches, a first-ever custom slot experience that can be played both online via BetMGM and as a traditional slot game based on BetMGM's iCasin*o platform or in person at MGM Resorts sites across the nation. MGM Riches refers to a multi-denomination, multi-level progressive slot game that offers players two themes such as MGM Riches Triple Ruby and MGM Riches 5x Sapphire.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Casin*o Market Characteristics
3. Casin*o Market Trends And Strategies
4. Casin*o Market - Macro Economic Scenario
5. Casin*o Market Size And Growth
…..
27. Casin*o Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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