Gaming machines used exclusively for entertainment and gambling are defined as gambling games, can be found in casinos, supermarkets, and other places of entertainment This is highly regulated, with different laws in different countries. Different games are played in casinos, in any kind of gaming equipment. The concept of gambling has been weakened in many countries around the world. As a result, the number of casinos began to rise and the number of users has also begun to increase. This is one of the most important factors driving the growth of the casino gaming equipment market. Also, manufacturers are pouring money into research and development to tap into the intelligent gaming landscape and incentivize consumer engagement. Casino Gaming Equipment market segment analysis of size and forecast of global report is learned based on product type, installation, and region.
Casino Gaming Equipment Market, Key Players are:
Incredible Technologies Inc. (U.S.), Gaming Partners International, Inc. (U.S.), Caesars Entertainment, Inc. (U.S.), Playags (U.S.), CTC Holdings (U.S.), Interblock (U.S.), AGS (U.S.), Jackpot Digital Inc (Canada), Everi Holdings Inc (Nevada), Novomatic (Austria), IGT (UK), Cammegh (UK), Tcsjohnhuxley (UK), Gamebridge Casino Equipment (Ukraine), Abbiati Casino Equipment S.R.L. (Italy), Apex Gaming Technology (Austria), Amatic Industries (Austria), Konami Group Corporation (Japan), Ainsworth Game Technology Limited (Australia), Hanxin Industry Co., Ltd (China), Atomic Gaming (South Africa), Game Smart (Pty) Ltd (South Africa), Merkur Gaming Africa (Pty)Ltd (South Africa), 3 Point Gaming (Pty) Ltd (South Africa), and other major players
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Drivers
Gambling is an important industry worldwide, and casinos can be found in almost every country. The increasing popularity of casinos is attracting major players and driving the opening of casinos around the world. Every casino needs gaming equipment with the latest games to attract customers and grow the business. Thus, increasing gaming behavior is driving the gambling gaming equipment market.
Factors such as increasing disposable income and increasing gambling expenditure will further fuel the growth of the gambling machine market notwithstanding the growing middle class with urbanization accelerated costs will also increase the market value over the forecast period. Additionally, availability of various secure digital payment methods, increase in disposable income and widespread adoption of digital currencies and web browsers are also driving the growth of the overall market
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By Type
· Slot Machine
· Casino Tables Gaming
· Chips Video
· Poker Machine
By Installation
· Indoor Casino
· Outdoor Casino
By Mode of Operation
· Floor Mounted
· Portable
By Distribution Channel
· Online
· Offline
· Direct Sales
Segmental Outlook
Key segments including type, and application have been elaborated in this report. The consultants at QY Research have studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and application during the historical period (2017-2023) and forecast period (2024-2032).
By Region
· North America (U.S., Canada, Mexico)
· Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
· Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
· Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
· South America (Brazil, Argentina, Rest of SA)
Key Industry Developments in the Casino Gaming Equipment Market:
· In July 2023, Novomatic signed an agreement with Tecnet Asia for the distribution rights for Novomatic products in the Philippines. Tecnet is under contract for both the sales and after-sales service of the gaming technology products by Novomatic. It will include electronic table games, video slot cabinets, and games, as well as casino management tools and solutions.
· In June 2023, Incredible Technologies announced the installation of True Pick Roulette, the latest Class II product innovation, in the State of Washington. True Pick Roulette is an Electronic Table Game (ETG) approved for use in Class II jurisdictions. It is the first bingo-based ETG to offer a roulette experience with a physical wheel and ball.
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1. Further segmentation of the market on the basis of type, application, end use, product, technology, method, process and any other segment depending on the market
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Casino Gaming Equipment Market Scope
1. Casino Gaming Equipment Market Size
2. Casino Gaming Equipment Market Trends
3. Casino Gaming Equipment Market Analysis
4. Casino Gaming Equipment Market Share
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