Dublin, Sept. 24, 2021 (GLOBE NEWSWIRE) -- The "Global Casinos Market (2021-2026) by Casino Type, Gaming Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Casinos Market is estimated to be USD 134.9 Bn in 2021 and is expected to reach USD 159.8 Bn by 2026, growing at a CAGR of 3.45%.
The factors such as rising demand for gaming and increasing social acceptance for casinos, change in the standard of living, and rapid growth in technology are increasing the casinos market. Furthermore, with the launch of VR hardware, the general public was instantly attracted to VR gambling games.
In addition, technological advancements such as AI, ML, Blockchain technology are expected to bring an opportunity for future growth of the market by providing an additional layer of security and features to existing casinos.
However, government regulations in certain nations restrict the establishment of casinos which is majorly hindering the market growth. In addition, the long process for authorization of licenses for online gaming sites has further hamper global casino market growth.
The Global Casinos Market is segmented further based on Casino Type, Gaming Type, and Geography.
By Casino Type, the market is classified into offline casino gaming and online casino gaming. Amongst all, the offline casino gaming segment is estimated to hold the highest market share during the forecast period.
By Gaming Type, the market is classified as lottery, poker, blackjack, slot machines, roulettes, craps, bingo, and others. Amongst all, the lottery segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
1. Operator 888 has acquired a portfolio of Jet's digital bingo brands to strengthen its position within the UK online bingo market - 19th February 2019
2. Evolution partners with the Canadian Bank Note Company, Limited (CBN) to deliver online Live Casino services as part of a major enhancement program to national lotteries run or supported by CBN worldwide - 16th March 2021
Some of the companies covered in this report are Addison Global Limited, Belle Corporation, Bet365 Group Ltd, Betsson AB, etc.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1.1 Growing Disposable Income Across Developing Nations
4.1.2 The Growing Popularity Of Mobile Gaming
4.2.1 Unfavorable Regulatory Guidelines for Gambling
4.2.2 Threat of Cyberattacks on Online Casinos
4.3.1 Use of Advanced Analytical Technologies
4.3.2 Increase in Tourism Industry in Emerging Countries
4.3.3 Development of Augmented Reality (AR) and Virtual Reality (VR) Based Casino Games
4.4.1 Lack of Skilled IT Professionals
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Casinos Market, By Casino Type
6.2 Offline Casino Gaming
6.3 Online Casino Gaming
7 Global Casinos Market, By Gaming Type
7.5 Slot Machines
8 Global Casinos Market, By Geography
8.2 North America
8.3 South America
8.4.9 Rest of Europe
8.5.6 South Korea
8.5.8 Sri Lanka
8.5.10 Rest of APAC
8.6 Middle-East and Africa
8.6.2 Saudi Arabia
8.6.3 South Africa
8.6.4 United Arab Emirates
9 Competitive Landscape
9.1 Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
Addison Global Limited
Bet365 Group Ltd.
Boyd Gaming Corporation
Elaunch Solution Pvt. Ltd
Evolution Gaming Group AB
Flutter Entertainment PLC
Galaxy Entertainment Group
Intertain Group Limited
Kindred Group PLC
MGM Resorts International
Paddy Power Betfair PLC
Scientific Games Corporation
SJM Holdings Limited
The 888 Group
City of Dreams Manila
Delaware Park Racetrack & Slots
Dover Downs Hotel & Casino
Eldorado Resort Casino
Foxwoods Resort Casino
Golden Nugget Atlantic City
Harrington Raceway & Casino
Las Vegas Sands
Palms Casino Resort
Penn National Gaming, Inc
Resorts World Manila
William Hill PLC
Wynn Resorts Limited
For more information about this report visit https://www.researchandmarkets.com/r/b26f7e
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