Casino Gaming Equipment Market Size 2025-2029
The casino gaming equipment market size is forecast to increase by USD 14.59 billion, at a CAGR of 5.2% between 2024 and 2029.
- The market is experiencing significant growth, driven by the increasing involvement of companies in the industry and the advent of innovative display solutions. However, the market is also faced with challenges, such as restrictions on gambling in various countries. The trend towards the integration of advanced technology in gaming equipment is a key growth factor, with manufacturers focusing on developing more interactive experiences for players. Additionally, the use of energy-efficient and sustainable materials in gaming machines is gaining popularity, as casinos seek to reduce their carbon footprint. High consumer spending on gaming accessories and digital payment alternatives, such as digital currencies, further bolsters market growth. Despite these opportunities, the market is subject to regulatory restrictions and ethical concerns, which may hinder its growth in certain regions.
What will be the Size of the Casino Gaming Equipment Market During the Forecast Period?
- The market encompasses the supply of high-quality gaming equipment, including state-of-the-art gaming machines and traditional tables, to casinos and other gaming establishments worldwide. This market is driven by the growing popularity of gambling activities, fueled by the legalization of casinos in various nations and the expansion of gambling into shopping malls and entertainment venues.
- Regulations play a significant role in market dynamics, with nations implementing different policies regarding casino gambling. The market is continually evolving, with advancements in technology leading to innovative gaming machines and digital platforms, offering new opportunities for operators and consumers alike. Despite concerns regarding gambling addiction, the market is expected to maintain a strong growth trajectory.
How is this Casino Gaming Equipment Industry segmented and which is the largest segment?
The casino gaming equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
- End-user
- Casinos
- Malls
- Others
- Type
- Casino tables
- Slot machines
- Gaming chips
- Video poker machines
- Others
- Product Type
- Floor mounted
- Portable
- Geography
- North America
- Canada
- US
- APAC
- China
- India
- Japan
- South Korea
- Europe
- Germany
- UK
- France
- Italy
- South America
- Middle East and Africa
- North America
By End-user Insights
- The casinos segment is estimated to witness significant growth during the forecast period. Casinos and gaming establishments worldwide offer a variety of gambling activities, with high-quality gaming equipment being a crucial element. Slot machines, a popular casino game, account for approximately 70% of the average US casino income. State-of-the-art gaming machines, tables, and advanced technologies, such as virtual reality (VR) and augmented reality (AR), provide an interactive gaming experience. The global gambling industry's legalization in emerging economies has led to increased consumer spending on gaming equipment. Strict regulations ensure the operation of casinos remains compliant.
- High initial investment and the integration of advanced technologies necessitate collaboration and acquisitions among operators. Consumer behavior towards digital gaming, urbanization, and the middle-class population's growth are driving the market's technological evolution. Mobile gaming, cryptocurrencies, skill-based gaming, and poker are emerging trends. After-sales services, online casinos, and mobile gaming apps cater to consumers' evolving preferences. Casino interiors and operator costs are significant factors influencing money generation and cost reduction.
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The casinos segment was valued at USD 24.28 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
- North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The market experienced substantial growth in North America in 2024, accounting for the largest market share. The US, with nearly 90% of the demand, is the primary driver due to the legalization of gambling in states like Nevada and Louisiana, and 28 out of 32 states in Mexico. High-quality gaming equipment, including state-of-the-art gaming machines, tables, and accessories, are in high demand in North America's gambling industry. The market's expansion is fueled by the increasing preference for land-based casinos and the operation of these establishments, despite their high initial investment.
Further, advanced technologies, such as virtual reality (VR), augmented reality (AR), mobile gaming, and cryptocurrencies, are transforming the industry, offering interactive gaming experiences and skill-based gaming options. Companies are collaborating and acquiring each other to stay competitive, integrating touch screens, interactive interfaces, multiplayer capabilities, and after-sales services. Online casinos, mobile gaming apps, shopping malls, and entertainment venues are also significant contributors to the market's growth. Despite the technological evolution, stringent regulations and consumer spending patterns remain essential factors in the market's operation.
Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of the Casino Gaming Equipment Industry?
- Growing companies' involvement in the market is the key driver of the market. The market is experiencing growth due to the increasing number of casinos and gaming establishments worldwide. Companies in this sector are responding by introducing high-quality gaming equipment, such as state-of-the-art gaming machines and traditional casino tables, to cater to the demands of these establishments. In April 2024, International Game Technology launched compelling core video and Class II games for tribal casinos at the Indian Gaming Tradeshow and Convention. Similarly, in March 2024, Apex Pro Gaming introduced new slot machines at Grand Casino in Slovenia. These product launches represent the industry's focus on expanding product portfolios and increasing sales, ultimately boosting market shares.
- Advanced technologies, such as virtual reality (VR) and augmented reality (AR), are also being integrated into gaming equipment to provide interactive gaming experiences for consumers. Additionally, mobile gaming, cryptocurrencies, skill-based gaming, and poker are emerging trends In the market. Despite the high initial investment required for casino operations, casino gaming equipment companies are investing in research and development to offer advanced technologies and consumer-centric solutions. Strict regulations governing the operation of casinos in various nations necessitate collaboration and acquisitions among companies to offer comprehensive after-sales services and meet regulatory requirements. Online casinos, mobile gaming apps, shopping malls, and entertainment venues are also adopting casino gaming equipment to offer digital gaming experiences to consumers.
- The market dynamics are driven by consumer spending, technological evolution, and the growing middle-class population in emerging economies, particularly in urban areas. Casino interiors are being modernized with electronic gaming systems, operator costs are being reduced through cost-effective gaming machines, and games per hour are increasing to maximize money generation. Consumer behavior is shifting towards digital gaming, and companies are responding by offering advanced gaming accessories, such as touch screens, interactive interfaces, multiplayer capabilities, and after-sales services. Virtual slot machines, live dealer tables, virtual reality gaming, smartphones, and online casino operators are all part of this evolving landscape. Cryptocurrencies, such as Bitcoin and Ethereum, are also gaining popularity in the casino gaming industry, offering cost reduction and convenience to operators and consumers alike.
What are the market trends shaping the Casino Gaming Equipment Industry?
- The advent of innovative display solutions is the upcoming market trend. In the global gambling industry, casinos and gaming establishments continue to invest in high-quality gaming equipment to enhance the experience for their patrons. State-of-the-art gaming machines, such as slot machines, video poker machines, and electronic gaming tables, are increasingly popular due to their advanced technologies and user-friendly designs. For example, Everi's Empire Flex video platform showcases a 49-inch flexed display, 4K content, and industry-unique flexible integrated light bars. The legalization of casinos in emerging economies and the growing middle-class population, coupled with urbanization, have led to an increase in consumer spending on gaming activities.
- This trend is driving the demand for advanced gaming equipment, including virtual slot machines, live dealer tables, and virtual reality gaming. Moreover, the integration of technologies such as virtual reality (VR), augmented reality (AR), mobile gaming, cryptocurrencies, and skill-based gaming is transforming the casino industry. Operators are exploring collaborations and acquisitions to stay competitive, offering interactive gaming experiences through touch screens, interactive interfaces, multiplayer capabilities, and after-sales services. However, the operation of casinos comes with high initial investment costs, stringent regulations, and consumer behavior considerations, including gambling addiction. Despite these challenges, the technological evolution of casino gaming equipment continues to drive money generation and cost reduction for casino operators.
What challenges does the Casino Gaming Equipment Industry face during its growth?
- Restrictions on gambling in many countries are a key challenge affecting the industry growth. The market encompasses high-quality equipment for various gambling activities in casinos and gaming establishments. State-of-the-art gaming machines, such as slot machines, video poker machines, electronic gaming machines, and electronic gaming tables, are integral components of this market. Advanced technologies, including virtual reality (VR) and augmented reality (AR), are transforming the gaming experience, offering consumers an interactive environment. The legalization of casinos and the emergence of emerging economies contribute to the growth of the market. However, stringent regulations and high initial investment costs pose challenges for operators. The market is witnessing collaborations and acquisitions to introduce touch screens, interactive interfaces, multiplayer capabilities, and after-sales services.
- Virtual slot machines, live dealer tables, and virtual reality gaming are gaining popularity in both land-based casinos and online casinos. Smartphones and mobile gaming apps are also driving consumer spending, with digital gaming and skill-based gaming, such as poker, becoming increasingly popular. The market is evolving, with technological advancements including stepper slot cabinets, virtual player cards, cardless player tracking, and video lottery terminals. Consumer behavior, digital currencies, and the middle-class population are significant factors influencing market trends. Despite the challenges, the market offers opportunities for cost reduction and innovation in casino interiors. Consumer spending on gaming accessories, such as gaming chips and cards, is expected to increase as the market continues to grow.
Exclusive Customer Landscape
The casino gaming equipment market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the casino gaming equipment market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Key Companies & Market Insights
Companies are implementing various strategies, such as strategic alliances, casino gaming equipment market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Ainsworth Game Technology Ltd. - The company offers casino gaming equipment such as A-star curve, A-star slant and A-star dual.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Abbiati Casino Equipment S.r.l.
- ALFASTREET
- AMATIC Industries GmbH
- APEX pro gaming s.r.o
- Aristocrat Leisure Ltd.
- Eclipse Gaming Systems
- Everi Holdings Inc.
- Incredible Technologies Inc.
- Interblock dd
- International Game Technology plc
- Jackpot Digital Inc.
- Konami Group Corp.
- MERKUR.COM AG
- NOVOMATIC AG
- PlayAGS Inc.
- Rye Park LLC
- Scientific Games LLC
- TCSJOHNHUXLEY
- Universal Entertainment Corp.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Research Analyst Overview
The market continues to evolve, driven by the demand for high-quality gaming equipment and state-of-the-art gaming machines in casinos and other gaming establishments. The market for gaming equipment is diverse, encompassing tables, slot machines, video poker machines, electronic gaming machines, and electronic gaming tables, among others. The industry's technological evolution is marked by the integration of advanced technologies such as virtual reality (VR) and augmented reality (AR), which offer interactive gaming experiences for consumers. VR and AR technologies enable players to step into a virtual world, interact with virtual objects, and engage in gaming activities in a more realistic and engaging way.
Further, mobile gaming is another emerging trend in the industry, with consumers increasingly relying on smartphones to access gaming content. Online casinos and mobile gaming apps have become popular alternatives to traditional land-based casinos, offering convenience and flexibility to players. Cryptocurrencies have also gained traction in the gambling industry, providing a new payment method for gaming transactions. The use of digital currencies offers several advantages, including anonymity, security, and faster transactions. Skill-based gaming is another trend gaining popularity in the industry. Poker, in particular, has seen a resurgence as a skill-based game, attracting a new generation of players.
In addition, gaming machines and tables are being designed to offer more interactive and engaging experiences, with touch screens, interactive interfaces, and multiplayer capabilities. The operation of casinos comes with a high initial investment, requiring significant resources to purchase gaming equipment and comply with stringent regulations. After-sales services are essential to ensure the smooth functioning of gaming equipment and maintain consumer satisfaction. The global gambling industry is subject to various regulations, which vary from nation to nation. The legalization of casinos in emerging economies has led to increased demand for gaming equipment, particularly in urban areas with large middle-class populations.
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Market Scope |
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Report Coverage |
Details |
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Page number |
217 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.2% |
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Market growth 2025-2029 |
USD 14.59 billion |
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Market structure |
Fragmented |
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YoY growth 2024-2025(%) |
4.9 |
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Key countries |
US, China, Canada, UK, Japan, Germany, France, Italy, India, and South Korea |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
What are the Key Data Covered in this Casino Gaming Equipment Market Research and Growth Report?
- CAGR of the Casino Gaming Equipment industry during the forecast period
- Detailed information on factors that will drive the market growth and forecasting between 2025 and 2029
- Precise estimation of the size of the market and its contribution of the industry in focus to the parent market
- Accurate predictions about upcoming growth and trends and changes in consumer behaviour
- Growth of the market across North America, APAC, Europe, South America, and Middle East and Africa
- Thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the casino gaming equipment market growth of industry companies
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