Casinos & Gaming Market Size, Share, By Casino Type (Commercial, Tribal, Limited Stakes, and I-Gaming), By End Users (Gambling Enthusiasts, Social Exuberant, Dabblers, Lottery Loyalists, and Unengaged Audience), and By Game Type (Poker, Blackjack, Slot Machines, Paulette, Craps, and Others) and By Region – Market Trends, Analysis and Forecast till 2034

Report Code: PMI397720 | Publish Date: May 2023 | No. of Pages: 168

Global Casinos Gaming Market By Overview

Casinos & Gaming Market Size was valued at USD 150.4 billion in 2024 and is projected to grow at a CAGR of 5.1%to reach USD 237.1 billion by 2034.

Casinos & Gaming refer to an eclectic entertainment world of games of chance or gambling activities. Options range from the virtual through online casinos to the physical ones in card rooms and lottery retailers, aside from Race Tracks and Sports Betting for those who have a predilection for wagering on athletic contests. But the offerings go far beyond high-stakes thrills. Bingo halls and raffle events are where the casual players have fun in a friendly—yet potentially very profitable—way.

This really is an industry that is cleverly designed to deliver luxury and all-round entertainment in all its forms. Casinos are often purpose-built next to hotels, restaurants, and upscale shopping outlets. It perpetuates a destination environment within which visitors can indulge in a comprehensive luxury package: fine dining, upscale shopping, comfortable accommodations, and the electrifying energy of the casino floor—all within easy reach. Cruises are another environment for casino gaming, with an added level of excitement from gambling against the background of an oceanic voyage. Bundling all of these different factors together, casinos and gaming markets offer their clientele a unique retreat that couple luxury with the exhilaration of the games.

Global Casinos Gaming Market By Dynamics

Casinos & Gaming Market Drivers:   

Soaring Popularity of Online Gambling

  • Convenience is the top priority nowadays, and that is just what online casinos offer. The ease with which a person can play from any device with an internet connection has taken the market by storm.
  • Changing Legal Scenario: The laws related to gambling have either been easing up or done away with in various places. This, in turn, opens the gateway for new emerging markets and old existing flourishing ones.
  • Improvements in Technology: Satellite Internet, combined with the high speed of the internet and the ubiquity of smartphones, are potent catalysts of online gambling. Improvements to online security and authentication also make players comfortable participating.

Rise in Disposable Income

  • With increasing economies comes more money to spend on leisure activities. For many, gambling is one of these leisure activities; casinos provide an avenue that is very exciting.
  • Evolving Tourism Industry: Most casinos are smartly built alongside or together with hotels, resorts, and cruise ships. It provides a full entertainment package for tourists seeking the action; no high-rollers or casual gamblers go unnoticed.
  • Demand for Entertainment: Our fast-moving world demands that our free time, or extra time, be well-spent in exciting and pleasurable activities. Casinos give an unusual combination of entertainment with probable rich rewards while enjoying a luxurious ambiance, thus attracting several people to it.

Restrains in the Casinos & Gaming Market:

Strict Regulations

  • There are strict regulations in some countries on the kind of games introduced, licensing involved, and even the kind of people involved. These can dampen market growth and aspect of innovation in general.
  • Problem Gambling Concerns: Gambling addiction is one serious consequence, and it places pressure on governments and gaming companies to ensure the adoption of RG practices. Examples may include restrictions on advertising, self-exclusion programs for at-risk players, and spending or playing time limitations.
  • Cybersecurity threats: Online casinos are the last word in the target list of cybercriminals who strive to EITHER steal financial information OR gain an extra edge over the gaming results. The security measures applied are at a must, although they might be too expensive and cause friction.

Key Opportunities in Casinos & Gaming Market:

Integration with Emerging Technologies

  • Virtual Reality and Augmented Reality are sitting in the wings to make an online casino experience unmatched. Immersive and interactive environments will be created that rival any that could ever come out of a physical casino.

Esports and Ability-Based Gaming

  • Passionate players leverage the developing popularity of esport and other ability-based gaming to capture a new generation of gamers who would, otherwise not engage with traditional casino games.

Mobile Optimization

  • The bulk of online gaming happens on mobile devices. Ensuring that mobile experiences are great and enjoyable is critical in terms of player recruitment and retention.

Focus on Data and Personalization

  • Casinos can use data analytics to better personalize content, offers, and promotions to participants' tastes and preferences in an effort to maximize engagement and foster loyalty.

Next-generation Payment Methods

  • Proprietary, secure payment methods—including cryptocurrency—can promote greater convenience and reach, with more liquidity for transactions.

Responsible gaming

  • The mantra currently is to instill trust with the player. There continues, therefore, a slightly condemned activity and negative perceptions of gambling that are tamed by emphasizing responsible gambling practices. Some of those tools include dedication in the form of self-exclusion tools, spending limits, and help resources for developing an addiction.

Global Casinos Gaming Market By Segmentation

Casinos & Gaming Market is segmented based on based on Casino type, End-user, game type and Region.

Casino type Insight

  • Commercial Casinos: This is the most common type and is usually found in legalized gambling destinations like Las Vegas or Macau. They comprise for-profit businesses that enjoy the lion's share of the market due to advanced capacity in relation to offering a variety of games, higher stakes, and luxurious amenities.
  • Tribal Casinos: These are casinos owned and operated by federally recognized Native American tribes on sovereign tribal lands. Their share of the market is also considerably high and increasing, especially in the United States. The regulation of tribal casinos varies from state to state.
  • Limited Stakes Casinos: These casinos have maximum limits on the amount that a player can spend for any single bet. With this, they become much less of a casino with high stakes. Their market share is usually lower compared to commercial casinos. However, the share can be pertinent in markets where there is much stricter gambling regulation.
  • iGaming: Online Casinos - This sector of online gambling is increasing exponentially. Even though regulations differ from country to country, the convenience and ease of access make them one of the fastest-growing market shareholders.

End-User Insights

  • Gamblers: This is one of the key constituencies consisting of the most avid players. They frequently visit casinos, particularly land-based and online, and spend large amounts of money on gambling. They are gamers who are extremely inclined to knowledge on various games and strategies; for them, gambling is a big deal in terms of entertainment
  • The social exuberants just love the social part of gambling and not necessarily the games. Perhaps they would go to the casino with friends or colleagues after work as a night-out event, engaging in plays but seeking majorly to have fun and share in common experience. Their spending may be moderate and situation-dependent.
  • Dabblers: Those players who may visit casinos once in a while or play online games from time to time. Normally, they do not have much attachment to the game and limited knowledge of those. Their spending levels are usually low
  • Lottery Loyalists: This category focuses on lotteries and other games of chance that boast low entry points but possibly large jackpots. They do not necessarily frequent traditional casinos but regularly join in on lottery drawings or scratch-off tickets
  • Unengaged Audience: This section includes the percentage of the population completely uninterested in gambling activities. They can have some kind of moral or religious objection or they simply find no appeal in gambling.

Game type Insights

  • Poker: A category of games including, among others, Texas Hold'em and Omaha. Poker involves skill, strategy, and reading people. Though some variations of the game add elements of chance in it, the better players still have a better-than-average chance of gaining an advantage over the house. Poker rooms make their money by taking a rake, basically a commission from the pot of every hand played.
  • Blackjack: The classic table game in which ability meets luck. The objective is to play against the dealer, obtaining a hand closest to 21 without going over. All in all, Blackjack is an excellent game in terms of pure excitement and potential for strategic coupled play.
  • Slot Machines: By far, slots are the most popular casino game. Slots have a reputation for being readily played games, with their bright lights and changeable themes. They generate the highest percentage of revenue for casinos because of their speed, coupled with lower minimum bets.
  • Craps: craps is a fast-moving dice game with a confusingly large layout and many different Betting Options. As might be expected from the action nature of the game, craps tables are very lively and social. Though sometimes quite big, the house advantage in craps depends on the exact bet, but it also offers really interesting excitement and risk.
  • Other Games: This section is comprised of a number of very different games. Some of these games include the games of Roulette, Baccarat, Bingo, Keno, and many types of electronic table games. The enjoyment level is going to vary by casino and region with each game. Some of these offer a serious balance between chances versus strategy, like Roulette; some, like Bingo, provide just a social and casual experience.

Casinos & Gaming Market Regional Insights:

On region the Casinos & Gaming Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • North America: Historically, one of the giants in the casino industry, North America still holds a massive market share with Las Vegas continuing to be one of the most recognizable gambling destinations worldwide. Online gambling and firmer legislation in some regions could hit growth moving forward.
  • Europe: It is a mature market, generating a huge array of well-structured gambling traditions. Varied European countries have different regulatory frameworks where some of their regulations are tight, and others promote tourism in light of gambling. The online gambling sector is also very well developed in Europe.
  • The Asia Pacific region holds the largest share at this moment due to a conglomeration of reasons. Increasing economies lead to increased disposable income, and some countries in this region have created a niche for themselves as gambling destinations, like Macau. Moreover, the Asia Pacific region shows rather greater acceptance of newer technologies, wherein online gambling is one such driver that provides a big boost to this market growth
  • Latin America: The Latin America market is showing a steady growth due to the increasing disposable income, which has led to an increase in the middle class. Regulations are slowly loosening in some countries, creating opportunities for market entry of new players.
  • Middle East & Africa: This is the smallest of all the markets, but it does have intermediary prospect for growth in the future. While some countries in the region have cultural and religious restrictions on gambling, others have legalized gambling activities and increasing interest in the industry.

Casinos & Gaming Market Report Scope:

Attribute

Details

Market Size 2024

USD 150.4 billion

Projected Market Size 2034

USD 237.1 billion

CAGR Growth Rate

5.1%

Base year for estimation  

2023

Forecast period       

2024-2034

Market representation       

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Casino Type: Commercial, Tribal, Limited Stakes, I-Gaming

By End User: Gambling Enthusiasts, Social Exuberan, Dabblers, Lottery Loyalists, Unengaged Audience

By Game Type: Poker, Blackjack, Slot Machines, Craps, Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Casinos & Gaming Market report based on By Casino Type, By End-User, By Game Type and Region:

Casinos & Gaming Market, By Casino Type:

  • Commercial
  • Tribal
  • Limited Stakes
  • I-Gaming

Casinos & Gaming Market, By End User:

  • Gambling Enthusiasts
  • Social Exuberan
  • Dabblers
  • Lottery Loyalists
  • Unengaged Audience

Casinos & Gaming Market, By Game Type:

  • Poker
  • Blackjack
  • Slot Machines
  • Craps
  • Others

Casinos & Gaming Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Casinos Gaming Market By Key Players

The key players operating the Casinos & Gaming Market includes, Caesars Entertainment, Galaxy Entertainment, Las Vegas Sands, MGM Resorts, SJM Holdings, 888 Holdings, Betfair Online Casino Games, Boyd Gaming, City of Dreams Manila, and Delaware Park.

Global Casinos Gaming Market By Key Issues Addressed

  • In May 2023, MGM Resorts International announced that its wholly-owned subsidiary, LeoVegas, had acquired the majority of game developer Push Gaming Holding Limited and its subsidiaries. The deal represents the first significant investment Leo Vegas has made since joining the MGM Resorts family last year. The patented technology, intellectual property, and development experience from Push Gaming are likely to strengthen LeoVegas' content creation capabilities and assist its expansion objectives.
  • In April 2023, Caesars Entertainment, Inc. announced the reopening of Tropicana Online Casino in New Jersey. The new iCasino app and refreshed online casino experience offer an increased level of functionality for the user, hosting many of the industry-leading casino games and a long overdue revamp of the connectivity to Caesars Rewards, the industry's leading reward program.

Global Casinos Gaming Market By Company Profile

  • Caesars Entertainment
  • Galaxy Entertainment
  • Las Vegas Sands
  • MGM Resorts
  • SJM Holdings
  • 888 Holdings
  • Betfair Online Casino Games
  • Boyd Gaming
  • City of Dreams Manila
  • Delaware Park

“*” marked represents similar segmentation in other categories in the respective section.

Global Casinos Gaming Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Market Preview

  • Executive Summary
  • Key Findings—
    • Key Questions this Study Will Answer
    • Market Snippet, By Casino Type
    • Market Snippet, By End Users
    • Market Snippet, By Game Type
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Casino Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Commercial
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Tribal
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Limited Stakes
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • I-Gaming
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By End-User, Forecast Period up to 10 Years, (US$ Bn)

  • Overview   
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Gambling Enthusiasts
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Social Exuberan
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Dabblers
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Lottery Loyalists
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Unengaged Audience
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Game Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview   
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Poker
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Blackjack
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Slot Machines
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Craps
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Casino type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Game Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Casino type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Game Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Casino type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Game Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Casino type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Game Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Casino type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Game Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis
    • Caesars Entertainment
    • Galaxy Entertainment
    • Las Vegas Sands
    • MGM Resorts
    • SJM Holdings
    • 888 Holdings
    • Betfair Online Casino Games
    • Boyd Gaming
    • City of Dreams Manila
    • Delaware Park

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Casinos & Gaming Market Size was valued at US$ 150.4 billion in 2024 and is projected to grow at a CAGR of 5.1%to reach US$ 237.1 billion by 2034.

Casinos & Gaming Market is segmented into Casino type, End-user, game type and Region.

Factors driving the market includes Soaring Popularity of Online Gambling and Rise in Disposable Income.

Restraints of the Casinos & Gaming Market include Strict Regulations and Competition from Other Kinds of Entertainment.

Casinos & Gaming Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Casinos & Gaming Market includes Caesars Entertainment, Galaxy Entertainment, Las Vegas Sands, MGM Resorts, SJM Holdings, 888 Holdings, Betfair Online Casino Games, Boyd Gaming, City of Dreams Manila, and Delaware Park.