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Casino Gaming Equipment Market to touch USD 20 Billion by 2027 – Report by Market Research Future (MRFR)

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Casino Gaming Equipment Market Overview: According to a comprehensive research report by Market Research Future (MRFR), Casino Gaming Equipment Market Research Report, Type, Service, Technology End User and Region – Forecast till 2027” the market is expected reach around USD 20 billion and is projected to witness ~5.5% CAGR during the forecast period.(2020 – 2027)

Market Analysis

The key drivers of the increase in demand for casino gaming equipment include growing digitalization trends, increased disposable income, and changing lifestyles around the world. Furthermore, the growing construction of new casino centers around the world as a result of rising demand for gambling games is predicted to drive demand for casino gaming equipment in the global market.

During the projected period, the significant advancement in slot machine technology and the prevalence of reconfigurable electronic gaming machines are projected to provide opportunities for global market players. International Game Technology PLC (IGT), Aristocrat Leisure, Scientific Games Corporation, Novomatic, and Gaming Partners International Corporation are the major casino gaming equipment manufacturers in the global market. They are primarily focused on product development and forming strategic collaborations with participants of the gaming industry.


The prominent players profiled in this report include –

  • International Game Technology PLC (IGT) (UK)
  • Aristocrat Leisure (Australia)
  • Scientific Games Corporation (US)
  • Novomatic (Austria)
  • Gaming Partners International  Inc. (US)
  • Incredible Technologies Inc (US)
  • Konami Holdings Corporation (Japan)
  • PlayAGS (US)
  • Everi Holdings Inc. (US)
  • Abbiati Casino Equipment S.r.l. (Italy).

COVID-19 Impact on the Worldwide Casino Gaming Equipment Market

In an attempt to restrict the spread of COVID-19, government officials in many developing and developed countries have imposed rigorous measures such as partial or full lockdowns. The manufacture of casino gaming equipment and the provision of related facilities were restricted to permissible limitations during the lockdown. Several retail outlets and e-commerce sites were closed during the duration of the lockdown. These factors have harmed the global economy and the casino gaming equipment industry. The availability of such equipment was severely limited, resulting in a significant demand-supply disparity. The COVID-19 pandemic has disrupted the supply chains of various casino gaming equipment manufacturers throughout the world, hampering business growth. Several companies are also suffering liquidity issues, which could result in the complete shutdown of their manufacturing plants. Financially strong businesses, on the other hand, were able to maintain operations after the pandemic. The global demand for and availability of goods is critical to the growth of the casino gaming equipment industry.

According to the MRFR analysis, the greater risk of a global economic slowdown in the coming year will put extra pressure on demand for casino gaming equipment. Gaming Partners International, Inc. (US), International Game Technology PLC (UK), Scientific Games Corporation (US), and Konami Holdings Corporation (Japan) are among the top industry participants predicted to account for considerable market shares in terms of revenue. The market was expected to level off by the fourth quarter of 2020. With demand likely to progressively stabilize throughout the projection period, industry participants are projected to enhance their production capacities.

Market Segmentation

The worldwide casino gaming equipment market has been segmented based on type and application.

Based on type, the worldwide casino gaming equipment market has been segmented into gaming chips, slot machines, casino tables, video poker machines, and others. The gaming chip segment is anticipated to experience significant growth in the global market in terms of value during the forecast period.

Based on application, the worldwide casino gaming equipment market has been segmented into casinos, malls, and others. The casino segment is expected to lead the global market during the forecast period.


Regional Analysis

Geographically, the worldwide casino gaming equipment industry has been segmented into four regions: North America, Europe, Asia Pacific, and the Rest of the World.

The Asia Pacific is expected to retain a considerable market share over the projection period due to the presence of various casino gaming equipment manufacturers. Europe, on the other hand, is predicted to grow dramatically as a result of severe government rules and increased demand for offline gaming from Russia, Germany, Spain, and France.

Competitive Landscape

The worldwide casino gaming equipment industry is highly competitive and fragmented, with various enterprises operating globally. The companies used a variety of strategies to expand their global reach and achieve a foothold in the global market. These organizations’ major strategy comprises expansions, investments, and acquisitions.

Segmentation of Market covered in the research:

Information, by Type (Gaming Chips, Slot Machines, Casino Tables, Video Poker Machines and Other), Application (Casino, Mall and others) and Region (North America, Europe, Asia-Pacific and the Rest of the World)

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

International News

Bragg Gaming and Light & Wonder Agree to an International Distribution Deal

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Bragg Gaming and Light & Wonder Agree to an International Distribution Deal

 

Collaboration will see Bragg content featured on Light & Wonder’s ecosystem

Bragg Gaming Group Inc., a global B2B gaming technology and content provider, announced it has signed an international online casino content distribution agreement with Light & Wonder.

The agreement will see high-performing games from Bragg’s proprietary studios, Atomic Slot Lab, Indigo Magic, Wild Streak Gaming and Spin Games added to Light & Wonder’s online ecosystem.

Exclusive content from the supplier’s Powered by Bragg partners will also be integrated, providing Light & Wonder with a wide selection of highly localized and unique titles.

The deal will encompass numerous European regulated markets as well as the USA and Canada, significantly growing the reach of Bragg’s content to new audiences and strengthening the supplier’s casino offering with new titles.

Matevž Mazij, Chief Executive Officer at Bragg Gaming Group, commented: “Light & Wonder is a world-leading platform and games provider, and this distribution deal will be hugely beneficial for us,  as our content will be in front of new audiences through its large operator network boosting exposure of our games.

“We have focused on strengthening our content portfolio over the last year and this partnership is a testament to the popularity and appeal of our games which have been proven successful in markets globally.”

Steve Mayes, Senior Director Digital Partnerships at Light & Wonder, said: “We are thrilled to be working closely with Bragg, and are looking forward to offering their content across our network. This deal is a great showcase for the power of our aggregation platform and global scale. We already have a number of key operators lined up to launch Bragg games and excited to further expand our portfolio of games partners.”

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WA.Technology Announces Global Alliance with Lottery.com

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WA.Technology, a leading B2B iGaming solutions provider, is delighted to announce its alliance with leading online lottery brand Lottery.com. The announcement was made at ICE London 2024.

The agreement and the combined operational partnership mark a significant step in WA.Technology and WA.Lottery’s expanding reach into new markets and Lottery.com’s global growth strategy across Africa, the Pacific Region, Brazil, and other parts of Latin America.

Under this alliance, WA.Technology will extend its full spectrum of iGaming platform solutions and manage daily operational activities to support Lottery.com’s expansion. This will encompass a range of services, including affiliate and lead generation strategies, comprehensive legal services, compliance, regulatory, and financial management. The aim is to maximise Lottery.com’s earning potential in global markets over the coming years.

The agreement comes when the global lottery industry is witnessing substantial growth, driven by the increasing popularity of mobile and online lottery sales. WA.Technology, with its leading WA.Lottery solutions, assist existing and new lottery operators in capitalising on new opportunities in their target markets.

Tim Scoffham, CEO of WA.Technology, expressed his enthusiasm, stating, “This is a fantastic step in the journey of WA.Technology, and we are excited to be on board with this esteemed lottery brand. We love their vision for creating a global destination for lotteries and are thrilled that Lottery.com has chosen us to be their operational partner. With over 200 team members worldwide, we are perfectly positioned to support and help them achieve their goals and see their vision come to life.”

Matthew McGahan, CEO and Chairman of Lottery.com, added, “Our new relationship with WA.Technology marks a pivotal moment in Lottery.com’s growth strategy, especially in the burgeoning South American market. By leveraging WA’s operational efficiencies and proven expertise in this region, we are poised to enhance our global footprint significantly. This collaboration allows us to concentrate more effectively on US ticket operations, the relaunch of the WinTogether sweepstakes business, and the roll-out of Sports.com. We are confident that our purchase of WA.Technology’s robust platform and its comprehensive iGaming solutions will complement our vision for global expansion, helping to make Lottery.com a household name in the lottery domain worldwide.”

WA.Technology’s commitment to this new agreement reflects the company’s dedication to global expansion and its capability to deliver tailored solutions in a wide range of global markets with a significant impact on online lotteries.

WA.Technology’s specialist lottery vertical, WA.Lottery is the ultimate toolkit for new lottery ventures, offering a diverse range of 70+ global lotteries, personalised gaming options such as sweepstakes and scratch cards, and e-commerce platforms with extensive payment options and jackpot coverage, all complemented by an intelligent management system that enhances user engagement and scales effortlessly to meet the needs of any lottery business.

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International News

SCCG Management Announces Strategic Partnership with WhiteLotto for Distribution of Lottery Software Solutions

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SCCG Management Announces Strategic Partnership with WhiteLotto for Distribution of Lottery Software Solutions

 

SCCG Management, a global leader in advisory services for the gambling industry, proudly announces its strategic partnership with WhiteLotto, a subsidiary of the esteemed GG International brand. This alliance marks a significant step in expanding the reach and capabilities of both companies within the global lottery and gambling sector.

WhiteLotto’s platform and solutions are a one-stop solution for launching a successful lottery business, encompassing the best lotteries, technical and marketing support, licenses, extensive marketing tools, an affiliate program, and support for over 40 languages. Their flexible models of cooperation and a blend of online and offline technology cater to a wide range of lottery messenger services and national lotteries worldwide.

Stephen Crystal, Founder and CEO of SCCG Management, commented, “Our partnership with WhiteLotto is a landmark moment for us. WhiteLotto’s cutting-edge lottery platform and its global operational model perfectly align with our vision of connecting the industry’s best products and services. We are thrilled to collaborate with a company that has such a profound understanding of the lottery sector, and we look forward to bringing WhiteLotto’s exceptional offerings to our extensive network of clients.”

Wojciech Lysak, Managing Director of WhiteLotto, expressed his enthusiasm about the partnership: “The WhiteLotto team is proud to partner with SCCG. WhiteLotto’s business model was always to stay outside the flashlights, working from backstage in a peaceful and calm atmosphere delivering quality projects always on time, while being referred from project to project by word of mouth. Having cooperation with SCCG, which in WhiteLotto’s humble opinion is the industry superstar in terms of networking and connection of good businesses, WhiteLotto products can now be presented to a more broader audience of worldwide operators.”

This strategic partnership enables WhiteLotto to leverage SCCG’s vast network and expertise in the gambling industry, allowing them to expand their reach and showcase their innovative lottery solutions to a broader audience. For SCCG, collaborating with WhiteLotto adds a new dimension to their client partner ecosystem, which comprises over 100 of the top products, platforms, and solutions in the industry.

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