Europe Casino Gaming Equipment Market Overview
The Europe Casino Gaming Equipment Market was valued at approximately USD 4.78 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.39%, reaching around USD 6.45 billion by 2030. This market encompasses gaming machines and instruments used in gambling activities and casino operations. Popular casino gaming equipment includes roulette wheels, gaming tables, shuffle machines, player tracking systems, slot machines, and video poker machines, as well as equipment used for games like poker, baccarat, blackjack, and craps.
These products enhance the efficiency, safety, and profitability of casino operations. They are also used for monitoring player behavior and verifying currency authenticity. As a result, these items are increasingly found in casinos, malls, and gaming arenas.
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Key Market Trends
Recovery Post-COVID-19: The pandemic had a significant negative impact on Europe’s land-based gambling industry, with total gambling revenue in 2021 seeing a decline of 13% compared to 2019. However, market revenue showed a 7.5% recovery in 2021, reaching €87.2 billion in gross gaming revenue (GGR).
Online Gambling Boom: Online gambling is growing rapidly across Europe, accounting for 41.7% of total gambling revenue by 2021. This trend is driven by a rise in mobile betting, which overtook desktop betting in 2021. By 2026, mobile devices are expected to account for 61.5% of online gambling in Europe.
Growth in Mobile and Online Betting: The demand for mobile betting is increasing, with mobile bets accounting for 50.5% of all online bets in 2021. This shift is set to continue, reflecting broader technological advancements and the rising preference for mobile-based gaming platforms.
Licensing and Regulation: Europe is tightening its online gambling regulations. By 2021, 82.7% of the continent’s online gambling activities were conducted through licensed platforms. The Netherlands’ establishment of a regulated online gaming market has contributed to the growth of onshore market channeling.
Revenue Breakdown
Online Gaming: In 2021, the GGR for online gambling in Europe was €36.4 billion. Of this, sports betting accounted for 45.9% of the revenue, while casino gaming contributed 42%.
Customer Activity: In 2021, around 29 million people engaged in online gambling, with €179 billion worth of bets placed across various platforms.
Segment Overview
By Product Type: The market is segmented into slot machines, video lottery terminals, video poker machines, and others.
By Installation: The installation is classified into two categories: inside casinos and outside casinos.
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Major Countries in Europe Casino Gaming Equipment Market
United Kingdom
France
Germany
Italy
Spain
Sweden
Austria
Leading Companies
Key players operating in this market include:
Novomatic
Aristocrat Leisure
Galaxy Entertainment
Amatic Industries
Ainsworth Game Technology Ltd.
Scientific Games Corporation
Konami Gaming, Inc.
Universal Entertainment
Interblock
TCSJOHNHUXLEY
Conclusion
The Europe Casino Gaming Equipment Market is experiencing steady growth, with increasing demand for both traditional and online casino equipment. The market’s expansion is being driven by the rise of online gambling, mobile betting, and stricter regulations that promote responsible gaming practices. As the industry continues to recover from the impact of COVID-19, further opportunities in both land-based and online sectors are expected to emerge.
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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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