JUE 14 DE NOVIEMBRE DE 2024 - 23:40hs.
NEW RESEARCH

Growth forecast for global casino equipment market

Market research company Technavio forecasts that the global casino equipment market will grow at a compound annual growth rate (CAGR) of more than 15% through 2021. One of the key factors is the easing of regulations for gambling by the governments.

The report lists casino tables, slot machines, gaming chips and video poker machines as the four major product segments, of which casino tables and slot machines accounted for over 50% of the market share in 2016.

According to Ujjwal Doshi, a lead analyst at London-based Technavio, "the easing of government regulations related to casino markets is one of the major factors contributing to the growing demand for casino gaming equipment.”

"Many countries, such as Japan, are aiming at legalizing casino gaming because of the growing popularity of gambling and the high revenue contribution from casinos,” Doshi added.

Technavio analysts highlight the following four market drivers that are contributing to the growth of the global casino gaming equipment market:

  • Increasing online sales of casino gaming equipment
  • Rise in demand for smart casino gaming equipment
  • Easing of government regulations
  • Revenue contribution in the form of tax

Source: GMB