This Casino Gaming Equipment industry 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 casino gaming equipment market size has grown strongly in recent years. It will grow from $11.94 billion in 2023 to $12.59 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth observed in the historic period can be attributed to several factors such as rising disposable incomes, expansion of the tourism industry, legalization and regulation of casinos, and increasing social acceptance of gambling.
The casino gaming equipment market size is expected to see strong growth in the next few years. It will grow to $15.76 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The anticipated growth during the forecast period can be attributed to several factors such as the expansion of online and mobile gaming, improvements in security features, recovery in tourism post-pandemic, and the rising adoption of cashless payments. Key trends expected to drive this growth include the integration of advanced technologies, the growth of online and mobile gaming, enhanced security features, personalized gaming experiences, sustainability and eco-friendly practices, and innovative game formats.
The growth of the casino gaming equipment market is expected to accelerate due to the increasing number of gambling activities. Gambling activities encompass various forms of betting and wagering, where participants risk money or valuables on uncertain outcomes, often involving games of chance or skill. This growth is driven by factors such as individuals seeking entertainment, the convenience of online platforms, and the potential for significant financial gains. Casino gaming equipment plays a crucial role in these activities by providing the necessary tools for gameplay, betting, and ensuring fairness in games such as slot machines, table games, and electronic terminals. For example, in December 2022, the European Gaming and Betting Association reported a 23% increase in gross gaming revenue in Europe's gambling sector, stabilizing at €108.5 billion ($118.4 billion) from 2021 to 2022. Thus, the rising number of gambling activities is fueling the growth of the casino gaming equipment market.
Leading companies in the casino gaming equipment market are focusing on developing innovative products, such as big-screen slot machines, to enhance gaming experiences and attract more players. Big-screen slot machines are advanced devices featuring larger displays compared to traditional machines. These machines often come with high-definition graphics, interactive elements, and engaging visual and audio effects. For instance, in December 2023, Barona Resort & Casino, a US-based 3-star hotel, collaborated with Konami Gaming Inc., a US-based slot machine manufacturer, to launch the Dimension 43x3 machine. This state-of-the-art machine boasts an expansive, high-definition display with vivid graphics and interactive animations, offering an immersive visual experience for players. The big-screen format enhances game presentations with multi-layered bonus rounds and complex game mechanics. It also features advanced touch-screen technology for intuitive player interaction and customizable game settings.
In July 2024, Apollo Global Management Inc., a US-based asset management firm, acquired International Game Technology (IGT) and Everi Holdings Inc. for $6.3 billion. This acquisition is intended to expand Apollo Global Management's presence in the gaming sector and leverage synergies to drive growth and innovation. International Game Technology plc is a UK-based company specializing in gaming technology, including slot machines, while Everi Holdings Inc. is a US-based provider of casino gaming equipment and financial technology solutions.
Major companies operating in the casino 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 Casino Equipment S.r.l., Gamebridge Casino Equipment, Matsui Gaming Machine Co. Ltd., Angel Group Co. Ltd., Jackpot Digital Inc.
North America was the largest region in the global casino gaming equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the casino gaming equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the casino gaming equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Casino gaming equipment encompasses a range of devices, tools, and machinery used in gambling establishments to facilitate, regulate, and ensure the fairness of various games of chance and skill. This equipment is vital for both traditional brick-and-mortar casinos and online gaming platforms, ensuring that games are conducted fairly and efficiently.
The primary types of casino gaming equipment include gaming chips, slot machines, casino tables, video poker machines, and others. Gaming chips, also known as casino tokens, are small, disk-shaped objects used in place of cash for casino games. They are typically made from materials such as clay, plastic, or metal and are available in various denominations and colors. Casino gaming equipment can be installed both inside and outside casinos, with operational modes including floor-mounted and portable setups. End-users of this equipment include standalone casinos, hotel casinos, cruise and riverboat casinos, and other gaming establishments.
The casino gaming equipment market research report is one of a series of new reports that provides casino gaming equipment market statistics, including casino gaming equipment industry global market size, regional shares, competitors with a casino gaming equipment market share, detailed casino gaming equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the casino gaming equipment industry. This casino gaming equipment 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 gaming equipment market consists of sales of card shufflers, table games, electronic gaming terminals, roulette wheels, and craps tables. 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.
This product will be delivered within 3-5 business days.
The casino gaming equipment market size has grown strongly in recent years. It will grow from $11.94 billion in 2023 to $12.59 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth observed in the historic period can be attributed to several factors such as rising disposable incomes, expansion of the tourism industry, legalization and regulation of casinos, and increasing social acceptance of gambling.
The casino gaming equipment market size is expected to see strong growth in the next few years. It will grow to $15.76 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. The anticipated growth during the forecast period can be attributed to several factors such as the expansion of online and mobile gaming, improvements in security features, recovery in tourism post-pandemic, and the rising adoption of cashless payments. Key trends expected to drive this growth include the integration of advanced technologies, the growth of online and mobile gaming, enhanced security features, personalized gaming experiences, sustainability and eco-friendly practices, and innovative game formats.
The growth of the casino gaming equipment market is expected to accelerate due to the increasing number of gambling activities. Gambling activities encompass various forms of betting and wagering, where participants risk money or valuables on uncertain outcomes, often involving games of chance or skill. This growth is driven by factors such as individuals seeking entertainment, the convenience of online platforms, and the potential for significant financial gains. Casino gaming equipment plays a crucial role in these activities by providing the necessary tools for gameplay, betting, and ensuring fairness in games such as slot machines, table games, and electronic terminals. For example, in December 2022, the European Gaming and Betting Association reported a 23% increase in gross gaming revenue in Europe's gambling sector, stabilizing at €108.5 billion ($118.4 billion) from 2021 to 2022. Thus, the rising number of gambling activities is fueling the growth of the casino gaming equipment market.
Leading companies in the casino gaming equipment market are focusing on developing innovative products, such as big-screen slot machines, to enhance gaming experiences and attract more players. Big-screen slot machines are advanced devices featuring larger displays compared to traditional machines. These machines often come with high-definition graphics, interactive elements, and engaging visual and audio effects. For instance, in December 2023, Barona Resort & Casino, a US-based 3-star hotel, collaborated with Konami Gaming Inc., a US-based slot machine manufacturer, to launch the Dimension 43x3 machine. This state-of-the-art machine boasts an expansive, high-definition display with vivid graphics and interactive animations, offering an immersive visual experience for players. The big-screen format enhances game presentations with multi-layered bonus rounds and complex game mechanics. It also features advanced touch-screen technology for intuitive player interaction and customizable game settings.
In July 2024, Apollo Global Management Inc., a US-based asset management firm, acquired International Game Technology (IGT) and Everi Holdings Inc. for $6.3 billion. This acquisition is intended to expand Apollo Global Management's presence in the gaming sector and leverage synergies to drive growth and innovation. International Game Technology plc is a UK-based company specializing in gaming technology, including slot machines, while Everi Holdings Inc. is a US-based provider of casino gaming equipment and financial technology solutions.
Major companies operating in the casino 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 Casino Equipment S.r.l., Gamebridge Casino Equipment, Matsui Gaming Machine Co. Ltd., Angel Group Co. Ltd., Jackpot Digital Inc.
North America was the largest region in the global casino gaming equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the casino gaming equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the casino gaming equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Casino gaming equipment encompasses a range of devices, tools, and machinery used in gambling establishments to facilitate, regulate, and ensure the fairness of various games of chance and skill. This equipment is vital for both traditional brick-and-mortar casinos and online gaming platforms, ensuring that games are conducted fairly and efficiently.
The primary types of casino gaming equipment include gaming chips, slot machines, casino tables, video poker machines, and others. Gaming chips, also known as casino tokens, are small, disk-shaped objects used in place of cash for casino games. They are typically made from materials such as clay, plastic, or metal and are available in various denominations and colors. Casino gaming equipment can be installed both inside and outside casinos, with operational modes including floor-mounted and portable setups. End-users of this equipment include standalone casinos, hotel casinos, cruise and riverboat casinos, and other gaming establishments.
The casino gaming equipment market research report is one of a series of new reports that provides casino gaming equipment market statistics, including casino gaming equipment industry global market size, regional shares, competitors with a casino gaming equipment market share, detailed casino gaming equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the casino gaming equipment industry. This casino gaming equipment 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 gaming equipment market consists of sales of card shufflers, table games, electronic gaming terminals, roulette wheels, and craps tables. 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Casino Gaming Equipment Market Characteristics3. Casino Gaming Equipment Market Trends and Strategies32. Global Casino Gaming Equipment Market Competitive Benchmarking33. Global Casino Gaming Equipment Market Competitive Dashboard34. Key Mergers and Acquisitions in The Casino Gaming Equipment Market
4. Casino Gaming Equipment Market - Macro Economic Scenario
5. Global Casino Gaming Equipment Market Size and Growth
6. Casino Gaming Equipment Market Segmentation
7. Casino Gaming Equipment Market Regional and Country Analysis
8. Asia-Pacific Casino Gaming Equipment Market
9. China Casino Gaming Equipment Market
10. India Casino Gaming Equipment Market
11. Japan Casino Gaming Equipment Market
12. Australia Casino Gaming Equipment Market
13. Indonesia Casino Gaming Equipment Market
14. South Korea Casino Gaming Equipment Market
15. Western Europe Casino Gaming Equipment Market
16. UK Casino Gaming Equipment Market
17. Germany Casino Gaming Equipment Market
18. France Casino Gaming Equipment Market
19. Italy Casino Gaming Equipment Market
20. Spain Casino Gaming Equipment Market
21. Eastern Europe Casino Gaming Equipment Market
22. Russia Casino Gaming Equipment Market
23. North America Casino Gaming Equipment Market
24. USA Casino Gaming Equipment Market
25. Canada Casino Gaming Equipment Market
26. South America Casino Gaming Equipment Market
27. Brazil Casino Gaming Equipment Market
28. Middle East Casino Gaming Equipment Market
29. Africa Casino Gaming Equipment Market
30. Casino Gaming Equipment Market Competitive Landscape and Company Profiles
31. Casino Gaming Equipment Market Other Major and Innovative Companies
35. Casino Gaming Equipment Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Casino Gaming Equipment Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on casino gaming equipment 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.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for casino gaming equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The casino gaming equipment market global report 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 market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Gaming Chips; Slot Machines; Casino Tables; Video Poker Machines; Other Types2) By Installation: Installed Inside Casino; Installed Outside Casino
3) By Mode Of Operation: Floor Mounted; Portable
4) By End-User: Standalone Casino; Hotel Casino; Cruise and Riverboat Casino; Other End Users
Key Companies Mentioned: Caesars Entertainment Inc.; Flutter Entertainment plc; International Game Technology plc; Las Vegas Sands Corporation; Aristocrat Leisure Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 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 Casino Equipment S.r.l.
- Gamebridge Casino Equipment
- Matsui Gaming Machine Co. Ltd.
- Angel Group Co. Ltd.
- Jackpot Digital Inc.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | October 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 12.59 Billion |
Forecasted Market Value ( USD | $ 15.76 Billion |
Compound Annual Growth Rate | 5.8% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |