A recent report published by Infinium Global Research on the casino
gaming market provides an 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.