Interntaional research firm Technivo estimates the market for casino gaming equipment will hit USD 54 billion next year and rise to USD 96 billion by 2021.
"The easing of government regulations related to casino markets is one of the major factors contributing to the growing demand for casino gaming equipment, ” said Ujjwal Doshi, a lead analyst at the company.
"Many countries, such as Japan, are aiming at legalising casino gaming because of the growing popularity of gambling and the high revenue contribution from casinos. ”
The report which covers casino tables, slot machines, gaming chips and video poker machines, also claims that slot machines currently account for over 50 % of the total global market in 2016.
While online sales of machines such as slot machines and video poker machines increased by nearly 14 % in 2015 as compared to 2014, the report finds.
"The increasing digitalisation in most entertainment segments such as gaming and movies has been a major factor attracting the younger age group (18-35), ” it added. "They are more attracted to innovative games, due to which casino players [venues] are integrating games like Call of Duty and Angry Birds into casinos; which are gradually replacing slot machines.”
Source: GMB / Casino-review.co
