NEW YORK, March 4, 2022 /PRNewswire/ — The difference in potential casino market growth will be $38.23 billion from 2021 to 2026, according to Technavio’s latest market analysis report. The report predicts that the casino market will experience an acceleration in growth at a CAGR of 3.97%. This report offers up-to-date analysis regarding the current market scenario, latest trends and drivers, and overall market environment.
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The growing popularity of online gambling, the liberalization of the regulatory framework and the increase in sports betting will provide immense opportunities for growth. With the increasing penetration of the internet and smartphones, more than half of the world’s population is now online. This allows users to easily access different types of games, including traditional slot games and poker, as well as new games introduced by casino operators in the market. Another key factor driving the growth of the global casino market is the use of technological innovation in casinos. Suppliers learn from trends in other parallel industries, such as games, and apply them in their business. The emergence of big data and the growing number of IoT devices will also change the dynamics of the global casino market. However, one of the major challenges to the growth of the global casino market is the socio-economic impact of casinos. With the increasing number of people gambling in casinos, the crime rate is also on the rise as people addicted to casino games try to find ways to fund their addiction and end up committing crimes or illegal activities such as smuggle counterfeit money. , theft and fraud.
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Casino market 2022-2026: segmentation
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Casino Market 2022-2026: Vendor Analysis and Scope
The market is fragmented and the degree of fragmentation will accelerate over the forecast period. To take advantage of current opportunities, market vendors need to strengthen their presence in fast-growing segments while maintaining their positions in slow-growing segments. Technological advancements in terms of VR and AI will intensify competition between suppliers. To stay in the competitive market, vendors need to be aware of emerging games and trends, licensing procedures and policies, and technological advancements.
Some of the key players covered in this report:
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888 Holdings Plc
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Apricot Investments Ltd.
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Ballys Corp.
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Betsson AB
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Casino Del Sol
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Delta Corp Ltd.
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Entain Plc
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Evolution Playgroup
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Fantasy Springs Resort Casino
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Flutter Entertainment Plc
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Galaxy Entertainment Group Ltd.
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Golden Entertainment Inc.
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Kindred Group Plc
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MGM Resorts International
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NetBet Enterprises Ltd.
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Playson Ltd
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Scientific Games Corp.
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Station Casinos LLC
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The Rank Plc Group
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William Hill Plc
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The report also covers the following areas:
Casino Market 2022-2026: Key Highlights
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Market CAGR over the forecast period 2022-2026
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In-depth information on factors that will contribute to the growth of the casino market over the next five years
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Estimation of the size of the casino market and its contribution to the parent market
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Predictions on upcoming trends and changes in consumer behavior
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The growth of the casino market
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Market Competitive Landscape Analysis and Detailed Vendor Information
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Comprehensive details of the factors that will challenge the growth of the Casinos Market vendors
Related reports:
Casinos and Gambling Market by Platform and Geography – Forecast and Analysis 2021-2025
Casino Games Market by Type and Geography – Forecast and Analysis 2021-2025
Casino Market Scope |
|
Report cover |
Details |
Page number |
120 |
base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum and CAGR |
Accelerate at a CAGR of 3.97% |
Market Growth 2022-2026 |
$38.23 billion |
Market structure |
Fragmented |
Annual growth (%) |
2.99 |
Regional analysis |
North America, APAC, Europe, South America, Middle East and Africa |
Successful market contribution |
APAC at 40% |
Main consumer countries |
United States, Canada, China, United Kingdom and Germany |
Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
Profiled companies |
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 |
Market dynamics |
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period, |
Personalization area |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
Main topics covered
1. Summary
3 Market sizing
4 Five forces analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic landscape
8 drivers, challenges and trends
9 Supplier landscape
10 Vendor Analysis
11 Appendix
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