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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

BetBlocker Recognised for Outstanding Contribution to the Prevention of Gambling Harm at NCPG Awards 2024

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BetBlocker Recognised for Outstanding Contribution to the Prevention of Gambling Harm at NCPG Awards 2024

 

BetBlocker received the prestigious Jim Wuelfing Annual Award for Prevention at this year’s National Council on Problem Gambling Awards on Friday the 19th of July, which was received by the charity’s Chief of Safer Gambling Partnerships, Pedro Romero.

The award, which was named after a famed trainer and advocate for the prevention of problem gambling in the United States, recognises people or organisations who have advocated for the inclusion of prevention strategies in the spectrum of problem gambling services, developed effective prevention programs and who have worked to help problem gambling prevention programs reached underserved and at-risk groups.

This award comes off of the back of years of work by the BetBlocker team to deliver an effect and free blocking software that can be used anonymously by anyone, anywhere in the world. As well as a traditional blocking software product, intended for use after a crisis, BetBlocker is the only blocking software to offer a Calendaring feature, allowing users to plan ahead and set the block to switch on during known periods of vulnerability.

Alongside these features, BetBlocker has translated its services into 6 non-English languages with many more to come, to help minority communities access support that would otherwise be unavailable to them.

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Founder of the charity, Duncan Garvie, had this to say about the award: “Recognition of BetBlocker’s work within the problem gambling space by the NCPG, one of the most influential voices within the sector, is amongst the highest possible accolades our organisation could receive.

I speak for the entire BetBlocker team when I say how deeply honoured we are to receive this award.”

Pedro Romero added the following: “It was incredibly humbling at the NCPG conference this year to speak to so many of the harm minimisation organisation in the USA that are already referring there service users to BetBlocker. Running an anonymous service and we don’t interact with our used frequently it’s easy to lose sight of just how many people are positively impacted by the support we offer.”

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Gambling in the USA

The Cordish Companies Celebrates Major Construction Milestone During “Topping Off” Ceremony for New $270+ Million Live! Casino & Hotel Louisiana Project

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LRGC Gaming Investors LLC, an affiliate of The Cordish Companies, marked a significant milestone in the construction of the first land-based casino in the Shreveport-Bossier market during the “Topping Off” ceremony for the new $270+ Million Live! Casino & Hotel Louisiana, a project that will serve as a regional destination for world-class gaming, dining, entertainment, and hotel amenities.

The Cordish Companies and General Contractor AnderCorp were joined by State of Louisiana, Director of Intergovernmental Affairs and Former Secretary of State, Kyle Ardoin; Louisiana Gaming Control Board Chairman Chris Hebert; Louisiana State Senator Sam L. Jenkins, Jr.; Bossier City Mayor Thomas Chandler; Bossier Parish Police Jury President Philip Rodgers, along with dozens of other state and local elected officials, and regional business, community and tourism leaders, to celebrate the final commemorative beam being raised to complete the superstructure of the new world-class property.

“Today marks an incredibly special day for The Cordish Companies as we continue to expand our Live! brand in the Southeast region of the country with the development of Live! Casino & Hotel Louisiana. With the first land-based casino in the market, Live! Casino & Hotel will be a transformative development that will bring a first-class gaming and entertainment experience to millions of visitors, create significant new jobs, and generate millions of dollars in economic benefits for the community for generations to come,” said Rob Norton, President of Cordish Gaming Group, the gaming division of The Cordish Companies.

Located along the scenic Red River in Bossier City, directly across from Shreveport, Live! Casino & Hotel Louisiana will feature more than 47,000-square-feet of gaming space; 1000+ slots and electronic table games; 40+ live action table games; a sportsbook; an upscale 550-room hotel, resort pool and fitness center; a 25,000-square-foot, state-of-the-art, multi-purpose Event Center for top name entertainment, meeting, conventions, non-profit and social gatherings; a 31-site RV park with concrete pads and full hook-ups; structured and surface parking; and 30,000-square-feet of best-in-class dining entertainment venues with new food and beverage outlets.

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The project, which is scheduled to open in Q1 2025, is projected to generate more than $35 million in gaming tax revenues for Bossier City and more than $168 million for the State of Louisiana within its first five years of operation and create approximately 1500 new jobs including 750 new construction jobs and approximately 750 permanent jobs for local and regional residents.

Careers will be available in every field, including hotel operations, finance, marketing, human resources, information technologies, food and beverage, facilities, security and surveillance and casino operations. Live! Casino & Hotel Louisiana will also purchase tens of millions of dollars in goods and services in the region. As recognized leaders in community outreach with unparalleled track records of supporting local and regional businesses, The Cordish Companies is committed to ensuring contract opportunities for local, MBE/WBE, and veteran-owned companies.

“I am honored to lead the board at such an exciting time for the gaming industry in Louisiana. Our team has worked so hard to establish this first land-based casino in the Bossier market, and we are ecstatic to be one step closer to realizing it with today’s topping off of Live! Casino & Hotel Louisiana,” Chris Hebert, Chairman of the Louisiana Gaming Control Board, said.

“We have already seen the benefits that Live! Casino & Hotel Louisiana has brought to Bossier City. As we get closer to opening this landmark property, our anticipation continues to build, and I couldn’t be happier for my community and more appreciative of Live! for its partnership and positive impact,” Thomas Chandler, Mayor of Bossier City, said.

“Bossier Parish is very excited to have Live! Casino & Hotel Louisiana that will soon become a destination for many locals and visitors. We are very thankful for the investment they are making in this area and cannot wait to see it to completion,” Philip Rodgers, President of the Bossier Parish Police Jury, said.

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“Live! Casino & Hotel Louisiana is a spectacular one-stop destination for excitement for everyone from gaming enthusiasts, foodies, sports fans, concert goers or just locals and visitors looking for their next night out. Hundreds of men and women are working hard to make sure that this property will be unforgettable the moment it opens its doors, promising an experience that will entice visitors from near and far to return again and again. Today marks a significant milestone in this journey, and we eagerly anticipate showcasing all the incredible offerings we have planned for early 2025,” John J. Chaszar, Executive Vice President and General Manager of Live! Casino & Hotel Louisiana, said.

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Gambling in the USA

Sac & Fox Casino and CasinoTrac Partner for CMS Upgrade

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Table Trac Inc. announced a new agreement to replace a competitor’s system with the CasinoTrac casino management system at Sac & Fox Casino in Powhattan, KS.

Eric Wright, General Manager of Sac & Fox Casino, stated: “CasinoTrac has come a long way since I first worked with the system. It should easily accomplish what we need at our property.”

Chad Hoehne, President of Table Trac, stated: “Eric and his team really put us to the test, drilling deep into the CasinoTrac revenue audit and accounting functions for compliance with their audit standards. These exercises were diligent and necessary in earning their trust, business, and our 41st Native American tribal partnership.”

Sac & Fox Casino will deploy PlayerLINQ-CasinoTrac’s 6.2” touchscreen player tracking interface, CTLoyalty for all patron marketing, promotions, and bonusing administration and management, KioskTrac promotional games with account management, and slot accounting solutions.

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