North America Casino Gaming Equipment Market Growth, Trends, Size, Share, Industry Demand And Analysis

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The North America Casino Gaming Equipment Market was valued at approximately US$ 3.75 billion in 2023, with a projected growth at a CAGR of 5%, reaching an estimated US$ 5.28 billion by 2030.

Market Overview

Casino gaming equipment includes a wide range of machines and devices used for gambling, helping ensure operational visibility in casinos. Commonly used equipment includes roulette wheels, gaming tables, slot machines, video poker machines, shuffle machines, player tracking systems, and online poker setups. These devices are essential for games like poker, baccarat, blackjack, craps, and five-card draw. The use of such equipment enhances profitability, convenience, safety, and cost-efficiency. In addition, these tools are vital for analyzing player activities and distinguishing between counterfeit and authentic currency notes. As a result, casinos, malls, and gaming arenas frequently rely on these gaming solutions.

Market Trends

The commercial casino industry is thriving globally, offering promising growth prospects for the market. The shift from traditional to electronic gaming tables is a key factor driving this growth. These electronic tables simulate a live gaming atmosphere, control game speed, require smaller wagers, and offer enhanced protection against betting fraud. The growing accessibility of online casinos, easily reachable via mobile devices, is further fueling market expansion.

Moreover, advancements in technology, such as virtual reality (VR), artificial intelligence (AI), and the Internet of Things (IoT), are driving innovation in smart casinos. These technologies enhance the transparency of gaming operations and offer an immersive experience for players. They also assist in analyzing player data and identifying unhealthy gambling patterns. Other significant factors contributing to the market’s growth include the increasing legalization of casinos, greater cultural acceptance of gambling, and rising consumer spending.

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Growth Drivers

The global casino gaming equipment market is expected to experience rapid growth during the forecast period. In certain countries, governments have relaxed regulations on casinos, further driving market expansion. For instance, Canada has legalized casinos due to the substantial revenue generated by the industry and the increasing popularity of gambling. Additionally, the rising middle-class population and disposable incomes are boosting demand. Many manufacturers are incorporating smart and digital gaming technologies, creating games inspired by popular titles like Angry Birds and Call of Duty. Despite these positive factors, the industry faces challenges due to stringent regulations on the production and operation of gaming machines, as well as shifts in consumer behavior towards mobile gambling apps.

U.S. Online Gambling Market

The COVID-19 pandemic significantly impacted the U.S. gambling industry, leading to the temporary closure of casinos, lottery outlets, and other gambling venues, as well as the suspension of betting events. In response, many operators shifted to online platforms, with a rise in online gaming options. This shift is expected to continue as more U.S. states legalize online gambling, driving further growth in the market. For example, online gambling in Pennsylvania, introduced in 2019, has seen significant traction.

New Jersey is currently the largest regulated online gambling market in the U.S., with over a dozen authorized operators competing for a market worth over USD 225 million annually. In June 2019, top operators like Golden Nugget/Betfair, Resorts AC, and Borgata/Party generated substantial revenues from online gaming activities.

Rising Popularity of Live Casinos

Live casino gaming is gaining traction in the U.S., despite the strict regulations surrounding gambling. Software developers such as Ezugi and Evolution Gaming have secured licenses to offer live dealer games in New Jersey, spurring investments from global companies aiming to expand their presence. For example, Evolution Gaming established its first live casino studio in Vancouver in January 2018, followed by a studio in New Jersey with ten tables offering games like American Roulette, Blackjack, and Baccarat.

Market Segmentation

Product Type:

Slot Machines
Video Lottery Terminals
Video Poker Machines

Installation:

Inside Casinos
Outside Casinos

Country:

United States
Canada
Mexico

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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

Click here to access the complete study on this topic:https://www.stellarmr.com/report/North-America-Casino-Gaming-Equipment-Market/216

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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