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Gambling in the USA

Global Casino Management System Market Size To Exceed USD 27.6 Billion By 2032 | CAGR of 15.5%

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The Global Casino Management System Market Size is to Grow from USD 6.5 Billion in 2022 to USD 27.6 Billion by 2032, at a Compound Annual Growth Rate (CAGR) of 15.5% during the projected period.

With growing concerns over theft and fraud, the risk landscape in contemporary casinos is always shifting. Since casinos have a variety of entry and departure points as well as daily sizable amounts of financial transactions, it is challenging to maintain security generally at these establishments. On busy evenings, a lot of individuals walk through the doorways, making it difficult for security staff to keep track of everyone’s movements. The market is expected to grow due to current gaming security systems that are better and a tendency toward better management in casinos.

A casino management system is a tool or software application that controls and manages casino operations. The organization of gaming device operations is made easier by this technology, which also enhances visitor services. A casino management system divides the workforce among multiple workstations to ensure that each division has enough staff. Due to casino management systems, slot machines, bookmakers, and bingo parlors may all be simply maintained. Because of growing concerns about theft and fraud, the risk climate in contemporary casinos is always changing. Since casinos have a variety of entry and departure points as well as daily sizable amounts of financial transactions, it is challenging to maintain security generally at these establishments. On busy evenings, a lot of individuals walk through the doorways, making it difficult for the security staff to keep track of everyone’s movements. The market is expected to grow due to current gaming security systems that are better and a tendency toward better management in casinos. During the anticipated term, the popularity of online gambling is likely to have an impact on revenue at conventional casinos. Due to the accessibility of online platforms, users may log in and play anytime they want from the comfort of their homes. With an easy-to-use mobile device like a smartphone or tablet and an internet connection, you may skip the headache of casino gambling.

The table games segment dominates the market with the largest revenue share over the forecast period.
Slot machines, table games, and other games are the segments of the worldwide casino management system market based on modules. The market leader among these is the sector for table games, which is expected to have the highest revenue share over the projected period. The growth in popularity of table games including baccarat, roulette, red dog, blackjack, and craps across all regions is one reason for the segmental expansion. Demand for the category will rise as more young people engage in table gaming.

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The analytics segment is witnessing significant CAGR growth over the forecast period.
The market for casino management systems is divided into accounting, security & surveillance, player monitoring, marketing & promotions, analytics, and others based on the application. Among them, the accounting segment is expected to experience a considerable CAGR increase. The various financial transactions that take place in casinos have led to an increase in the adoption of security and monitoring systems. To help owners stop fraud, theft, and cheating on game club floors, these systems incorporate many technology, such as facial recognition, license plate readers, and other analytics. Companies that provide casino management systems are constantly looking to create and incorporate new technology to address security challenges. Ensuring a secure gaming environment is one of the primary causes driving the adoption of security and surveillance in CMS.

The resorts segment is expected to hold the largest share of the global casino management System market during the forecast period.
The hotels and resorts, casino resorts, and other end-users segments make up the global market for casino management systems. Among them, the resorts sector is anticipated to account for the greatest market share for casino management systems during the anticipated time frame. The category of resort casinos is anticipated to dominate the market for casino management systems. During the projected period, developing casino resort facilities in well-known tourist destinations and increased consumer spending on leisure activities are expected to produce a significant percentage of the market for casino resorts. A large portion of the market for casino resorts is also predicted to come from the several governments who have established well-known places for gaming and leisure travel.

North America dominates the market with the largest market share over the forecast period.

North America dominates the market with the largest market share during the forecast period. The oversaturated casino business and the proliferation of technology are the two key issues preventing the development of casino management systems in the region. Rising CMS use to improve operational performance, retain customers, and gain a competitive edge will fuel market expansion. In North America, the online gaming market has been expanding quickly. A substantial number of gamers have been attracted to online casinos by their accessibility and ease. Many conventional casinos have created online platforms as well to capitalize on this expanding industry. On the other hand, Asia Pacific is anticipated to experience the quickest growth during the projection period. Furthermore, it is believed that relaxing regulatory restrictions to permit gambling clubs in Asia Pacific will promote regional growth. Throughout the projected period, benefits from tax payments are also expected to boost demand for casino management systems. The CMS market is growing throughout Europe and the rest of the world because of a variety of causes, including the quick rise in disposable income, shifting consumer preferences, and rising social acceptance of gambling clubs.

Competitive Analysis:

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The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Global Casino Management System Market include Ensico CMS d.o.o., WIN Technologies Limited, Novomatic, Apex Pro Gaming s.r.o., CT Gaming, Tangam Systems, Table Trac, Inc., Evona, Casinfo Systems, Agilysys NV LLC and among others.

Recent Developments

  • In November 2022: In Lower Brule, South Dakota, Table Trac, Inc. collaborated with the Golden Buffalo Casino and Motel. As part of the collaboration, the developer and provider of casino information and management systems will roll out its specialized casino management system, CasinoTrac.
  • In October 2022: The animated Wheel of Fortune 4D Collector’s Edition and Wheel of Fortune Cash Link 2 video slots are among the standout game titles in the Wheel of Fortune Slots Zone, which International Game Technology PLC has announced will open at the OYO Hotel & Casino in Las Vegas. The Wheel of Fortune Megatower, the largest IGT cabinet, is also located in this area.

Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the global casino management system market based on the below-mentioned segments:

Casino Management System Market, Module Analysis

  • Slot Games
  • Table Games
  • Others

Casino Management System Market, Application Analysis

  • Accounting, Security & Surveillance
  • Players Tracking
  • Marketing & Promotions
  • Analytics
  • Others

Casino Management System Market, End-Users Analysis

  • Hotel and Resorts
  • Casino Resort
  • Others

Casino Management System Market, Regional Analysis

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Gambling in the USA

Andrew Cardno to Deliver Keynote at November Gaming Conference in Phoenix: “How are Technology Advancements Impacting Decision Making and Driving Innovation in Gaming?”

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The gaming industry continues to evolve with the rapid integration of advanced technologies, offering new pathways for innovation and decision-making. Andrew Cardno, Chief Technology Officer of Quick Custom Intelligence (QCI), will deliver a keynote address titled “How are Technology Advancements Impacting Decision Making and Driving Innovation in Gaming?” at this year’s premier gaming conference, taking place on November 12th and 13th in Phoenix, Arizona.

Cardno, a leading expert with over two decades of experience in gaming and technology, will explore how advancements such as artificial intelligence, machine learning, and data-driven solutions are reshaping decision-making processes within the gaming industry. His address will provide actionable insights for professionals seeking to stay ahead in this fast-paced environment.

“Technology is no longer just an enabler; it’s the driving force behind innovation in gaming,” said Andrew Cardno. “At this year’s conference, I will delve into how these advancements can empower industry leaders to make better, faster decisions and capitalize on new opportunities for growth.”

Mark Pace, President of the International Gaming Standards Association (IGSA), praised Cardno’s expertise: “Andrew Cardno has a deep understanding of how technology is transforming the gaming industry. His ability to translate complex innovations into practical, strategic insights makes him the ideal keynote speaker. His work continues to inspire and guide decision-makers across the gaming world.”

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The conference, held in Phoenix on November 12th and 13th, promises to be a hub of cutting-edge discussions and networking opportunities, bringing together top leaders to explore the future of gaming.

 

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Gambling in the USA

New Jersey Division of Gaming Enforcement Announces September 2024 Total Gaming Revenue Results

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New Jersey Division of Gaming Enforcement announced the September 2024 total gaming revenue results.

Casino Win:

Based upon filings with the Division of Gaming Enforcement, Casino Win for the nine casino hotel properties was $230.6 million for September 2024, reflecting a decrease of 6.5% when compared to $246.5 million reported in September 2023. Year-to-date Casino Win for the nine casino hotel properties was $2.15 billion, which is a decrease of 0.9% compared to the year-to-date Casino Win for September 2023.

Internet Gaming Win:

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For the month of September 2024, Internet Gaming Win reported by casinos and their partners was $208.1 million, reflecting growth of 27.1% when compared to $163.8 million reported in September 2023. For the year-to-date period, Internet Gaming Win reported by casinos and their partners was $1.73 billion, reflecting growth of 23.2% when compared to $1.41 billion for the prior year-to-date period.

Sports Wagering Gross Revenue:

Sports Wagering Gross Revenue reported by casinos, racetracks, and their partners was $119.6 million for September 2024, reflecting a 7.6% increase when compared to $111.1 million reported in September 2023. Sports Wagering Gross Revenue reported by casinos, racetracks, and their partners was $835.4 million for the year-to-date period, reflecting a 17.8% increase when compared to $709.0 million reported in the prior year-to-date period.

Total Gaming Revenue:

Total Gaming Revenue reported by casinos, racetracks, and their partners was $558.3 million for September 2024, reflecting a 7.1% increase from $521.5 million reported in September 2023. For year-todate, Total Gaming Revenue reported by casinos, racetracks, and their partners was $4.72 billion, reflecting a 10.1% increase from $4.29 billion reported in the prior year-to-date period.

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Gambling in the USA

Detroit Casinos Report $101.98M in September Revenue

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The three Detroit casinos reported $101.98 million in monthly aggregate revenue (AGR) for the month of September 2024, of which $101.23 million was generated from table games and slots, and $755,519 from retail sports betting.

The September market shares were:

• MGM, 47%

• MotorCity, 31%

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• Hollywood Casino at Greektown, 22%

Monthly Table Games, Slot Revenue, and Taxes

The casinos’ revenue for table games and slots for the month of September 2024 increased 1.2% when compared to the same month last year. September’s monthly revenue was 8.6% lower when compared to the previous month, August 2024. From Jan. 1 through Sept. 30, the Detroit casinos’ table games and slots revenue increased by 1.0% compared to the same period last year.

The casinos’ monthly gaming revenue results were mixed compared to September 2023:

• MGM, up 6.6% to $47.68 million

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• MotorCity, up 0.5% to $31.17 million

• Hollywood Casino at Greektown, down 7.8% to $22.38 million

In September 2024, the three Detroit casinos paid $8.2 million in gaming taxes to the State of Michigan. They paid $8.1 million for the same month last year. The casinos also reported submitting $12.5 million in wagering taxes and development agreement payments to the City of Detroit in September.

Monthly Retail Sports Betting Revenue and Taxes

The three Detroit casinos reported $22.02 million in total retail sports betting handle, and total gross receipts were $771,751 for the month of September. Retail sports betting qualified adjusted gross receipts (QAGR) were down by 52.0% in September when compared to September 2023, and down by 55.4% when compared to August 2024.

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September QAGR by casino was:

• MGM: $601,794

• MotorCity: $11,817

• Hollywood Casino at Greektown: $141,908

During September, the casinos paid $28,559 in gaming taxes to the state and reported submitting $34,905 in wagering taxes to the City of Detroit based on their retail sports betting revenue.

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Fantasy Contests

For August 2024, fantasy contest operators reported total adjusted revenues of $613,448 and paid taxes of $51,530.

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GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

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