Casino Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026
| Published: Feb 2022 | Pages: 120 | SKU: IRTNTR72082 |
The casino market share is expected to increase by USD 38.23 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.97%.
This casino market research report extensively covers casino market segmentation by type (poker, blackjack, craps, lottery, and others) and geography (North America, APAC, Europe, South America, and Middle East and Africa). The casino market report also offers information on several market vendors, including 888 Holdings Plc, Apricot Investments Ltd., Ballys Corp., Betsson AB, Casino Del Sol, Delta Corp Ltd., Entain Plc, Evolution Gaming Group, Fantasy Springs Resort Casino, Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., Golden Entertainment Inc., Kindred Group Plc, MGM Resorts International, NetBet Enterprises Ltd., Playson Ltd, Scientific Games Corp., Station Casinos LLC, The Rank Group Plc, and William Hill Plc among others.
What will the Casino Market Size be During the Forecast Period?
Download the Free Report Sample to Unlock the Casino Market Size for the Forecast Period and Other Important Statistics
Casino Market: Key Drivers, Trends, and Challenges
The growing popularity of online gambling is notably driving the casino market growth, although factors such as the socio-economic impact of casinos may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the casino industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Casino Market Driver
One of the key factors driving the global casino market growth is the growing popularity of online gambling. This can be attributed to the various benefits provided by online casino gaming platforms that provide users with a high level of security and flexibility. With the growing penetration of the Internet and smartphones, more than half of the world's population is now online. This provides people with easy access to different types of games, including traditional slot games and poker, as well as new games introduced by casino operators in the market. Many companies are using online platforms as an expansion strategy in areas or countries where land-based casinos are illegal, but online gaming platforms are allowed to operate. Such factors are expected to propel the growth of the global casino market during the forecast period.
Key Casino Market Trend
Another key factor driving the global casino market growth is the use of technological innovation in casinos. Vendors are learning from the trends in other parallel industries, such as gaming, and are applying them in their businesses. Virtual reality and artificial intelligence (AI) can help vendors in providing more realistic experiences and observing consumer buying and playing patterns. Providing consumers with an omnichannel experience has also made technology a key factor of differentiation for vendors. The emergence of big data and the increasing number of IoT devices will also change the dynamics of the global casino market. Casino operators can collect a huge amount of data through customer engagement via smart devices, and with the use of data analytics, they can perform comprehensive analyses of the casino landscape. With more vendors using such technologies, the landscape of the global casino market is expected to change during the forecast period
Key Casino Market Challenge
One of the key challenges to the global casino market growth is the socio-economic impact of casinos. On average, gambling addicts have more than double the debt when compared with non-gambling households, and such effects can be seen globally in various countries, including the US, New Zealand, and Australia. With the growing number of people engaged in gambling in casinos, the crime rate is also on the rise, as people who are addicted to casino gambling try to find ways to finance their addiction and end up committing crimes or illegal activities such as passing counterfeit money, theft, and fraud. Gambling addiction can have a severe impact on the addicted people as well as their family members. Moreover, increased financial stress due to the inability to repay debts triggers dangerous behavior in people and, in many cases, prompts people to commit suicide. Such severe consequences of gambling are expected to hamper the growth of the global casino market during the forecast period.
This casino market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Parent Market Analysis
Technavio categorizes the global casino market as a part of the global casinos and gaming market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the casino market during the forecast period.
Who are the Major Casino Market Vendors?
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- 888 Holdings Plc
- Apricot Investments Ltd.
- Ballys Corp.
- Betsson AB
- Casino Del Sol
- Delta Corp Ltd.
- Entain Plc
- Evolution Gaming Group
- Fantasy Springs Resort Casino
- Flutter Entertainment Plc
- Galaxy Entertainment Group Ltd.
- Golden Entertainment Inc.
- Kindred Group Plc
- MGM Resorts International
- NetBet Enterprises Ltd.
- Playson Ltd
- Scientific Games Corp.
- Station Casinos LLC
- The Rank Group Plc
- William Hill Plc
This statistical study of the casino market encompasses successful business strategies deployed by the key vendors. The casino market is fragmented and the vendors are deploying growth strategies such as technological innovation to compete in the market.
Product Insights and News
- 888 Holdings Plc - The company offers gambling games such as casino.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The casino market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Casino Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the casino market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Which are the Key Regions for Casino Market?
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40% of the market's growth will originate from APAC during the forecast period. China is the key market for casinos in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The significant increase in the demand for offline and online gambling games will facilitate the casino market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 in 2020 impacted the gambling industry in North America. The pandemic led to the closure of offline casinos and a drop in the revenue of several casinos in the region, which increased the demand for online gambling. The introduction of iGaming, also known as online gambling, enhanced demand in the gambling industry in the region in 2020. Moreover, in Canada, casinos have become a center of attraction for customers during the pandemic. Such factors will lead to the growth of the casino market in North America during the forecast period.
What are the Revenue-generating Type Segments in the Casino Market?
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The casino market share growth by the poker segment will be significant during the forecast period. The growth is attributed to the rising number of online gambling platforms that offer games such as poker. For instance, with over two million users and the biggest game traffic for a poker-only app in India, PokerBaazi.com, which is a made-in-India platform from the house of Baazi Games, took the top spot.
This report provides an accurate prediction of the contribution of all the segments to the growth of the casino market size and actionable market insights on post COVID-19 impact on each segment.
You may be interested in:
Casino Gaming market - The market size is expected to reach a value of USD 50.03 billion during 2021-2025 at a CAGR of 4.85%.
Casino Gambling market - The market share is expected to increase by USD 32.54 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 3.5%.
Casino Gaming Equipment market - The market share is expected to increase by USD 43.3 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 9.93%.
US Casino Gaming market - The market value is projected to grow by USD 11.42 billion at a CAGR of 3.50% during 2021-2025.
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Casino Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.97% |
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Market growth 2022-2026 |
$ 38.23 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
2.99 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 40% |
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Key consumer countries |
US, Canada, China, UK, and Germany |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
888 Holdings Plc, Apricot Investments Ltd., Ballys Corp., Betsson AB, Casino Del Sol, Delta Corp Ltd., Entain Plc, Evolution Gaming Group, Fantasy Springs Resort Casino, Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., Golden Entertainment Inc., Kindred Group Plc, MGM Resorts International, NetBet Enterprises Ltd., Playson Ltd, Scientific Games Corp., Station Casinos LLC, The Rank Group Plc, and William Hill Plc |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Casino Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive casino market growth during the next five years
- Precise estimation of the casino market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the casino industry across North America, APAC, Europe, South America, and Middle East and Africa
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of casino market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Type
- 5.1 Market segments
- Exhibit 24: Chart on Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
- 5.2 Comparison by Type
- Exhibit 26: Chart on Comparison by Type
- Exhibit 27: Data Table on Comparison by Type
- 5.3 Poker - Market size and forecast 2021-2026
- Exhibit 28: Chart on Poker - Market size and forecast 2021-2026 ($ billion)
- Exhibit 29: Data Table on Poker - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Chart on Poker - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Poker - Year-over-year growth 2021-2026 (%)
- 5.4 Blackjack - Market size and forecast 2021-2026
- Exhibit 32: Chart on Blackjack - Market size and forecast 2021-2026 ($ billion)
- Exhibit 33: Data Table on Blackjack - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Chart on Blackjack - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Blackjack - Year-over-year growth 2021-2026 (%)
- 5.5 Craps - Market size and forecast 2021-2026
- Exhibit 36: Chart on Craps - Market size and forecast 2021-2026 ($ billion)
- Exhibit 37: Data Table on Craps - Market size and forecast 2021-2026 ($ billion)
- Exhibit 38: Chart on Craps - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Craps - Year-over-year growth 2021-2026 (%)
- 5.6 Lottery - Market size and forecast 2021-2026
- Exhibit 40: Chart on Lottery - Market size and forecast 2021-2026 ($ billion)
- Exhibit 41: Data Table on Lottery - Market size and forecast 2021-2026 ($ billion)
- Exhibit 42: Chart on Lottery - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Lottery - Year-over-year growth 2021-2026 (%)
- 5.7 Others - Market size and forecast 2021-2026
- Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ billion)
- Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
- Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.8 Market opportunity by Type
- Exhibit 48: Market opportunity by Type ($ billion)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 50: Chart on Market share by geography 2021-2026 (%)
- Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 52: Chart on Geographic comparison
- Exhibit 53: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 APAC - Market size and forecast 2021-2026
- Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
- Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
- Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ billion)
- Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ billion)
- Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 UK - Market size and forecast 2021-2026
- Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ billion)
- Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
- Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
- Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 Canada - Market size and forecast 2021-2026
- Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
- Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
- Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 94: Market opportunity by geography ($ billion)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 95: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 97: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 98: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 99: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 100: Matrix on vendor position and classification
- 10.3 888 Holdings Plc
- Exhibit 101: 888 Holdings Plc - Overview
- Exhibit 102: 888 Holdings Plc - Business segments
- Exhibit 103: 888 Holdings Plc - Key offerings
- Exhibit 104: 888 Holdings Plc - Segment focus
- 10.4 Apricot Investments Ltd.
- Exhibit 105: Apricot Investments Ltd. - Overview
- Exhibit 106: Apricot Investments Ltd. - Product / Service
- Exhibit 107: Apricot Investments Ltd. - Key offerings
- 10.5 Casino Del Sol
- Exhibit 108: Casino Del Sol - Overview
- Exhibit 109: Casino Del Sol - Product / Service
- Exhibit 110: Casino Del Sol - Key offerings
- 10.6 Evolution Gaming Group
- Exhibit 111: Evolution Gaming Group - Overview
- Exhibit 112: Evolution Gaming Group - Business segments
- Exhibit 113: Evolution Gaming Group - Key offerings
- Exhibit 114: Evolution Gaming Group - Segment focus
- 10.7 Fantasy Springs Resort Casino
- Exhibit 115: Fantasy Springs Resort Casino - Overview
- Exhibit 116: Fantasy Springs Resort Casino - Product / Service
- Exhibit 117: Fantasy Springs Resort Casino - Key offerings
- 10.8 Kindred Group Plc
- Exhibit 118: Kindred Group Plc - Overview
- Exhibit 119: Kindred Group Plc - Business segments
- Exhibit 120: Kindred Group Plc - Key offerings
- Exhibit 121: Kindred Group Plc - Segment focus
- 10.9 NetBet Enterprises Ltd.
- Exhibit 122: NetBet Enterprises Ltd. - Overview
- Exhibit 123: NetBet Enterprises Ltd. - Product / Service
- Exhibit 124: NetBet Enterprises Ltd. - Key offerings
- 10.10 Playson Ltd
- Exhibit 125: Playson Ltd - Overview
- Exhibit 126: Playson Ltd - Product / Service
- Exhibit 127: Playson Ltd - Key offerings
- 10.11 Scientific Games Corp.
- Exhibit 128: Scientific Games Corp. - Overview
- Exhibit 129: Scientific Games Corp. - Business segments
- Exhibit 130: Scientific Games Corp. - Key offerings
- Exhibit 131: Scientific Games Corp. - Segment focus
- 10.12 The Rank Group Plc
- Exhibit 132: The Rank Group Plc - Overview
- Exhibit 133: The Rank Group Plc - Product / Service
- Exhibit 134: The Rank Group Plc - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 135: Inclusions checklist
- Exhibit 136: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 137: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 138: Research methodology
- Exhibit 139: Validation techniques employed for market sizing
- Exhibit 140: Information sources
- 11.5 List of abbreviations
- Exhibit 141: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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casino market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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