Dublin, Sept. 24, 2021 (GLOBE NEWSWIRE) -- The "Global Casinos Market (2021-2026) by Casino Type, Gaming Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Casinos Market is estimated to be USD 134.9 Bn in 2021 and is expected to reach USD 159.8 Bn by 2026, growing at a CAGR of 3.45%.
Market Dynamics
The factors such as rising demand for gaming and increasing social acceptance for casinos, change in the standard of living, and rapid growth in technology are increasing the casinos market. Furthermore, with the launch of VR hardware, the general public was instantly attracted to VR gambling games.
In addition, technological advancements such as AI, ML, Blockchain technology are expected to bring an opportunity for future growth of the market by providing an additional layer of security and features to existing casinos.
However, government regulations in certain nations restrict the establishment of casinos which is majorly hindering the market growth. In addition, the long process for authorization of licenses for online gaming sites has further hamper global casino market growth.
Market Segmentation
The Global Casinos Market is segmented further based on Casino Type, Gaming Type, and Geography.
By Casino Type, the market is classified into offline casino gaming and online casino gaming. Amongst all, the offline casino gaming segment is estimated to hold the highest market share during the forecast period.
By Gaming Type, the market is classified as lottery, poker, blackjack, slot machines, roulettes, craps, bingo, and others. Amongst all, the lottery segment is estimated to hold the highest market share during the forecast period.
By Geography, North America is projected to lead the market.
Recent Developments
1. Operator 888 has acquired a portfolio of Jet's digital bingo brands to strengthen its position within the UK online bingo market - 19th February 2019
2. Evolution partners with the Canadian Bank Note Company, Limited (CBN) to deliver online Live Casino services as part of a major enhancement program to national lotteries run or supported by CBN worldwide - 16th March 2021
Company Profiles
Story continues
Some of the companies covered in this report are Addison Global Limited, Belle Corporation, Bet365 Group Ltd, Betsson AB, etc.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary3.1 Introduction3.2 Market Size and Segmentation3.3 Market Outlook
4 Market Influencers4.1 Drivers4.1.1 Growing Disposable Income Across Developing Nations 4.1.2 The Growing Popularity Of Mobile Gaming 4.2 Restraints4.2.1 Unfavorable Regulatory Guidelines for Gambling 4.2.2 Threat of Cyberattacks on Online Casinos 4.3 Opportunities 4.3.1 Use of Advanced Analytical Technologies4.3.2 Increase in Tourism Industry in Emerging Countries4.3.3 Development of Augmented Reality (AR) and Virtual Reality (VR) Based Casino Games 4.4 Challenges4.4.1 Lack of Skilled IT Professionals
5 Market Analysis5.1 Regulatory Scenario5.2 Porter's Five Forces Analysis5.3 Impact of COVID-195.4 Ansoff Matrix Analysis
6 Global Casinos Market, By Casino Type 6.1 Introduction6.2 Offline Casino Gaming 6.3 Online Casino Gaming
7 Global Casinos Market, By Gaming Type7.1 Introduction7.2 Lottery 7.3 Poker 7.4 Blackjack 7.5 Slot Machines7.6 Roulettes7.7 Craps 7.8 Bingo 7.9 Others
8 Global Casinos Market, By Geography8.1 Introduction8.2 North America8.2.1 US8.2.2 Canada8.2.3 Mexico8.3 South America8.3.1 Brazil8.3.2 Argentina8.3.3 Chile8.3.4 Colombia8.4 Europe8.4.1 UK8.4.2 France8.4.3 Germany8.4.4 Italy8.4.5 Spain8.4.6 Netherlands8.4.7 Sweden8.4.8 Russia8.4.9 Rest of Europe8.5 Asia-Pacific8.5.1 China8.5.2 Japan8.5.3 India8.5.4 Indonesia8.5.5 Malaysia8.5.6 South Korea8.5.7 Australia8.5.8 Sri Lanka8.5.9 Thailand8.5.10 Rest of APAC8.6 Middle-East and Africa8.6.1 Qatar8.6.2 Saudi Arabia8.6.3 South Africa8.6.4 United Arab Emirates
9 Competitive Landscape9.1 Competitive Quadrant9.2 Market Share Analysis9.3 Strategic Initiatives9.3.1 M&A and Investments9.3.2 Partnerships and Collaborations9.3.3 Product Developments and Improvements
10 Company Profiles
Addison Global Limited
Belle Corporation
Bet365 Group Ltd.
Betsoft
Betsson AB
Boyd Gaming Corporation
Caesars Entertainment
Chetu Inc.
Creatiosoft
Elaunch Solution Pvt. Ltd
Evolution Gaming Group AB
Flutter Entertainment PLC
Galaxy Entertainment Group
Intertain Group Limited
Kindred Group PLC
Ladbrokes Coral
LeoVegas AB
MGM Resorts International
Microgaming
Paddy Power Betfair PLC
Playson
Scientific Games Corporation
SJM Holdings Limited
The 888 Group
City of Dreams Manila
Delaware Park Racetrack & Slots
Dover Downs Hotel & Casino
Eldorado Resort Casino
Foxwoods Resort Casino
Golden Nugget Atlantic City
Harrington Raceway & Casino
Las Vegas Sands
Palms Casino Resort
Penn National Gaming, Inc
Resorts World Manila
William Hill PLC
Wynn Resorts Limited
For more information about this report visit https://www.researchandmarkets.com/r/b26f7e
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