Press release
Casin*o Gaming Equipment Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
How Will the Casin*o Gaming Equipment Market Grow, and What Is the Projected Market Size?The market size for Casin*o gaming equipment has shown a robust growth over the past few years. The projection shows an increase from $12.59 billion in 2024 to $13.35 billion in 2025, representing a compound annual growth rate (CAGR) of 6.0%. The expansion during the previous period is credited to factors such as rising disposable incomes, growth in the tourism sector, the legalization and control of Casin*os, and a growing societal acceptance.
Anticipating robust expansion in the forthcoming years, the Casin*o gaming equipment market size is set to reach $16.66 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 5.7%. This expected growth within the projected period is due to factors such as the surge in online and mobile gaming, improved security systems, rebound of tourism after the pandemic, and a greater shift towards cashless payments. Emerging trends that will shape the market in this forecast period include the incorporation of cutting-edge technologies, the rise in online and mobile gaming, advanced security measures, the development of tailored gaming experiences, the focus on sustainability and eco-friendliness, and the introduction of novel game formats.
What Are the Forces Behind the Rapid Growth of the Casin*o Gaming Equipment Market?
The growth of the Casin*o gaming equipment market is anticipated to be driven by the rising incidence of gamblin*g activities. These refer to a variety of betting and wagering exercises where participants place their money or possessions at risk on unpredictable results, typically related to games of luck or skill. Factors stimulating gamblin*g activities include the need for entertainment during leisure time, the ease of online platforms, and the enticing prospect of significant financial returns. Casin*o gaming equipment is leveraged in gamblin*g activities to enable and oversee a range of games, supplying the required instruments for gameplay, betting, and guaranteeing fairness in games such as slot machines, table games, and electronic terminals. For example, in December 2022, the European Gaming and Betting Association, a Belgium-based trade union, revealed that the gross gaming revenue in Europe's gamblin*g sector saw a 23% increase from 2021 to 2022, culminating in €108.5 billion ($118.4 billion). As a result, the escalating number of gamblin*g activities is contributing to the expansion of the Casin*o gaming equipment market.
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Who Are the Major Industry Players Fueling Casin*o Gaming Equipment Market Expansion?
Major companies operating in the Casin*o gaming equipment market are Caesars Entertainment Inc., Flutter Entertainment plc, International Game Technology plc, Las Vegas Sands Corporation, Aristocrat Leisure Ltd., Novomatic AG, Scientific Games Inc., Light and Wonder Inc., Konami Group Corporation, Melco International Development Limited, Everi Holdings Inc., AGS LLC, PlayAGS Inc., Euro Games Technology Ltd., Ainsworth Game Technology Limited, Incredible Technologies Inc., TCS John Huxley Europe Limited, Aruze Gaming America Inc., Gaming Partners International Inc., Abbiati Casin*o Equipment S.r.l., Gamebridge Casin*o Equipment, Matsui Gaming Machine Co. Ltd., Angel Group Co. Ltd., Jackpot Digital Inc.
Which Key Developments Are Influencing the Casin*o Gaming Equipment Market?
Companies that are leading in the Casin*o gaming equipment market are concentrating their efforts on the production of inventive items, such as big-screen slot machines, in order to improve the gaming experience and lure in more gamers. As opposed to standard slot machines, big-screen slot machines have a larger display and typically offer high-definition visuals, interactive components, and increased audio and visual effects for superior gaming involvement. For example, in December 2023, Barona Resort & Casin*o, a three-star hotel based in the US, collaborated with Konami Gaming Inc., an American slot machine manufacturer, to introduce a new Dimension 43x3 machine. This state-of-the-art machine is equipped with a large, high-definition screen that delivers striking, immersive visuals and interactive animations, therefore providing an enthralling visual experience for gamers. The large screen format facilitates better game presentations, inclusive of multi-layered bonus rounds and intricate game mechanics aimed to captivate and amuse. The machine also includes the latest touch-screen technology for effortless player engagement and customizable game settings.
How Is the Segmentation of the Casin*o Gaming Equipment Market Defined?
The Casin*o gaming equipment market covered in this report is segmented -
1) By Type: Gaming Chips, Slot Machines, Casin*o Tables, Video Poke*r Machines, Other Types
2) By Installation: Installed Inside Casin*o, Installed Outside Casin*o
3) By Mode Of Operation: Floor Mounted, Portable
4) By End-User: Standalone Casin*o, Hotel Casin*o, Cruise and Riverboat Casin*o, Other End Users
Subsegments
1) By Gaming Chips: Casin*o Chips, Poke*r Chips, Custom Chips
2) By Slot Machines: Mechanical Slot Machines, Video Slot Machines, Multi-game Slot Machines
3) By Casin*o Tables: Poke*r Tables, Blackjac*k Tables, Roulett*e Tables, Baccarat Tables
4) By Video Poke*r Machines: Single Hand Video Poke*r Machines, Multi-Hand Video Poke*r Machines
5) By Other Types: Kiosks And Ticketing Systems, Casin*o Surveillance Equipment, Gaming Cabinets And Displays
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What Is the Leading Region in the Casin*o Gaming Equipment Market?
North America was the largest region in the global Casin*o gaming equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the Casin*o gaming equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Casin*o Gaming Equipment Global Market Report?
- Market Size Analysis: Analyze the Casin*o Gaming Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Casin*o Gaming Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Casin*o Gaming Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Casin*o Gaming Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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