The Asia-Pacific Casino Gaming Equipment Market was valued at approximately US$ 3.69 billion in 2023, with an estimated growth rate of 5% CAGR, projected to reach US$ 5.19 billion by 2030.
Asia-Pacific Casino Gaming Equipment Market Overview
Casino gaming equipment encompasses a variety of machines and devices used for gambling and ensuring operational transparency in casinos. This equipment includes roulette wheels, gaming tables, shuffle machines, player tracking systems, slot machines, video poker machines, and online poker setups. These tools are essential for games such as poker, big six-wheel, baccarat, blackjack, craps, and five-card draw. The equipment enhances profitability, convenience, safety, and cost-efficiency, while also helping to analyze player behavior and distinguish between counterfeit and genuine currency. Consequently, casinos, malls, and gaming venues rely heavily on such equipment.
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Growth of Online Gaming in APAC
The rapid growth of the internet has transformed global access to entertainment, information, and financial opportunities, significantly impacting various industries, including gaming. The internet has revolutionized the gaming sector, turning online gambling into a multi-billion-dollar industry, a dramatic shift from a decade ago when online gaming faced skepticism.
The origins of online gambling can be traced back to the Free Trade and Processing Act of 1994, passed by Antigua and Barbuda. Online gambling has gained considerable traction in the Asia-Pacific region, particularly in India, where there are limited regulations governing online gambling. This lack of stringent regulations, coupled with limited access to physical casinos, has led many in India to prefer online gaming platforms.
Evolution of Casino Gaming in Asia-Pacific
The Asia-Pacific region is increasingly outshining Las Vegas in terms of gaming revenue and appeal. The region offers a wide array of gambling options, generating more revenue than the entire Las Vegas Strip. Macau, for instance, surpassed Las Vegas in terms of revenue back in 2006, marking a significant shift in the global gaming landscape. The rise of Macau was just the beginning; other countries in the region have also seen substantial growth in gambling revenue.
Singapore, with only two land-based casinos in 2012, managed to surpass the Las Vegas Strip’s revenue by the end of 2013. Similarly, China’s gaming industry, which was valued at $0.5 billion in 2006, surged to $40 billion by 2018, reflecting a six-fold increase compared to Las Vegas revenues. This explosive growth highlights the Asia-Pacific region’s dominant position in the global casino gaming market.
Asia-Pacific Casino Gaming Equipment Market Segmentation
By Product Type
Slot Machine
Video Lottery Terminal
Video Poker Machine
By Installation
Installed Inside Casino
Installed Outside Casino
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Key players operating in this market include:
Novomatic
Aristocrat Leisure
Galaxy Entertainment
Amatic Industries
Ainsworth Game Technology Ltd.
APEX Gaming Technology
Everi Holdings Inc.
Universal Entertainment
Konami Gaming, Inc.
Scientific Games Corporation
Interblock
TCSJOHNHUXLEY
International Game Technology PLC
Gaming Partners International Corporation
Casino Technology
ARUZE GAMING AMERICA, INC
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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