A recent report published by Infinium Global Research on casino gaming market provides in-depth analysis of segments and sub-segments in the global as well as regional casino gaming market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional casino gaming market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global casino gaming market. According to the report, the global casino gaming market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.
The global casino industry has experienced huge growth in the last few years and it is fueled by the introduction of mobile online gaming and various other social apps. The use of virtual reality (VR) has seen a massive increase in the last year. The improvements in casino technology have intended VR is more affordable and accessible than ever. VR casinos can lead to a more immersive online gaming solution that allows the player to feel like they are really at a live casino. The live casinos reporting increased traffic and profit in the casino industry. The players enjoy the extra human interaction that lives online casinos offer. Live dealers, real-time video and real casino equipment, help online players to feel like they are at casinos and gambling with real equipment.
Technological innovations and creativity in the casino industry is the major driving factor for the casino gaming market. Furthermore, factors such as changing lifestyle, increasing tourism and shift in consumer gambling habits are other driving factors for the market. A casino is more of a tourist attraction and indoor amusement zone. A large number of countries are enabling regulations to support the growth of casinos because they are becoming very popular and are contributing considerably to a country's economy in the form of tax. The rise in the popularity of gambling apps and social gambling is fueling market growth. However, cyber-attacks during online gaming is restraining the growth of the market. Moreover, shifting of gamblers to participate in casino gaming through online platforms is anticipated to provide large opportunities to the market players.
Geographically, Asia-Pacific is the largest market for the global casino gaming market owing to the increasing number of new casinos in Macau and Singapore. North America is the second-largest market for casino gaming due to the presence of one of the biggest and popular casino gaming destinations in Las Vegas.
The report on global casino gaming market covers segments such as casino type, casino gaming type, and end users. On the basis of casino type, the sub-markets include land-based casino gaming, and online casino gaming. On the basis of casino gaming type, the sub-markets include poker, blackjack, slot machines, roulettes, craps, and others casino gaming types. On the basis of end users, the sub-markets include gambling enthusiasts, social exuberants, dabblers, lottery loyalists, and unengaged audience.
The report provides profiles of the companies in the market such as Galaxy Entertainment Group, Las Vegas Sands Corporation, Caesars Entertainment Corporation, MGM Resorts International, SJM Holdings Limited, 888 Holdings PLC, Delaware Park, Betfair Online Casino Games, Boyd Gaming Corporation, City of Dreams Manila, and other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of casino gaming market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
Get free analyst support for the queries before and post purchasing report.
Be assured of 100% customer satisfaction about the research and get 24X7 customer support.
Infinium has achieved over 400%+ growth in its repository and revenue over the last 2 years. Yes, we are proud to say we are growing at a great pace and becoming a trusted partner among our clients.
sign up for our newsletter