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Reports

Global Casino Gaming Market Set to Expand by $43.3 Billion by 2028

Wednesday 04 de December 2024 / 12:00

2 minutos de lectura

(United States).- Thunder Bay – TECH – The global casino gaming market is projected to grow by $43.3 billion from 2024 to 2028, with a compound annual growth rate (CAGR) of 3.2%, according to a report by Technavio. This growth is fueled by rising consumer spending power, expanding electronic gaming, and increased use of social media marketing.

Global Casino Gaming Market Set to Expand by $43.3 Billion by 2028

Market Drivers: Social Media and Emerging Trends

Key drivers of growth include advancements in Electronic Gaming Machines (EGMs) such as slot machines and poker, as well as expanding sports betting and licensed casinos. Social media platforms, including Facebook, Instagram, and YouTube, are being leveraged by casino operators to attract tech-savvy audiences through innovative marketing strategies.

Demographics play a significant role, with casinos enhancing experiences through live shows, concerts, fine dining, and cutting-edge gaming technologies like blockchain and cryptocurrency. Sports betting, particularly linked to global events, continues to surge in popularity.

Market Challenges: Payment Security and Regulation

The industry faces challenges in securing online payments. Adherence to the Payment Card Industry Data Security Standard (PCI DSS) is essential to safeguard financial transactions and maintain customer trust. Non-compliance risks significant financial losses from fraud. Regulatory complexities, particularly for non-junket and junket casinos, also present obstacles.

Key Players Shaping the Market

Leading companies in the casino gaming market include:

  • Aristocrat Leisure Ltd.
  • Caesars Entertainment Inc.
  • International Game Technology plc
  • NOVOMATIC AG
  • Konami Group Corp.

The Future of Casino Gaming

As mobile phones and blockchain technology reshape the industry, innovations such as virtual reality gaming and augmented reality experiences are expected to elevate player engagement. Both online and offline platforms are expanding, offering flexibility with payment options like Card on Delivery and Pre-Delivery Online Payments.

Casino operators continue to balance growth with a commitment to responsible gambling, ensuring a safe and enjoyable environment for players worldwide.

Categoría:Reports

Tags: Sin tags

País: United States

Región: North America

Event

GAT EXPO CARTAGENA 2025

28 de April 2025

26th edition of GAT Expo Cartagena closed with great success

(Cartagena de Indias).- The most important fair for the gaming, entertainment, technology and Esports industry in Latin America ended with an excellent commercial balance and testimonials of satisfaction from suppliers and operators, local and international authorities, associations and the main trade unions in the region.

Friday 02 May 2025 / 12:00

Colombian Olympic Committee, GAT Expo, and Colombian Official Esports Announce Historic Partnership to Promote Esports as an Olympic Discipline in Colombia

(Cartagena) - The Colombian Olympic Committee (COC) and GAT Esports have sealed a strategic partnership to promote esports as part of the country's professional sports ecosystem. The announcement was made at a formal ceremony held at the gaming industry products and services exhibition hall, attended by Marco Emilio Hincapié, President of Coljuegos, COC executives, José Aníbal Aguirre, CEO of GAT Esports, media, and special guests.

Wednesday 30 Apr 2025 / 12:00

GAT Expo 2025: Novelties, technology, innovation, and high-level networking in the magical city of Cartagena

(Cartagena, SoloAzar Exclusive).- Today concludes GAT Expo Cartagena 2025, which has taken place this week with the presence of 23 countries and more than 70 international brands in the historic city of Cartagena de Indias, with its cobblestone streets, flower-filled balconies, and centuries-old walls.

Wednesday 30 Apr 2025 / 12:00

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