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Casino management systems market to reach $10 bln in 2025 Report

The casino management systems market is experiencing significant growth, projected to expand from $8.72 billion in 2024 to $9.98 billion in 2025, reflecting a compound annual growth rate (CAGR) of 14.4 percent, a recent report by Research and Markets estimates.

This surge can be attributed to increasing demand for operational efficiency, regulatory compliance, and the burgeoning gaming industry.

Looking ahead, the report predicts the market is expected to reach $18.28 billion by 2029, with a robust CAGR of 16.4 percent. Factors driving this expansion include digital transformation and global market expansion, despite being weighed down by heightened security concerns.

Several major trends are anticipated to influence the casino management systems market in the coming years. These include the personalization of customer experiences, the integration of artificial intelligence and machine learning, mobile optimization, blockchain technology, and the adoption of cloud-based solutions.

A notable driver of growth is the increasing legalization of gaming activities and the rise in the number of gaming establishments, which encompass casinos, hotels, and resorts offering licensed gaming and betting activities.

The gaming sector is undergoing a significant transformation. According to the Academy of Animated Art (AAA), there are currently 1.17 billion gamers worldwide, a figure projected to soar to 3.07 billion by 2023.

Gaming revenues have reached $176.06 billion, with consumers spending $60.4 billion in 2021.

Impact of the Gaming Industry

The developing gaming industry is expected to be a significant catalyst for the growth of casino management systems. This sector specializes in various aspects of video game development, marketing, distribution, and monetization.

Systems that manage casinos and gaming facilities are essential for effective operations and monitoring.

In the UK, the gaming landscape has seen a 63 percent increase in gamers since the COVID lockdown, with video game sales surpassing $5 billion for the first time. Projections indicate that by 2025, revenue could reach $7.6 billion.

This growth underscores the importance of casino management systems in adapting to the evolving gaming environment.

Leading companies in the casino management systems market are focusing on innovative solutions designed to enhance operational efficiency and improve customer experiences.

The report mentioned, for instance, that in March 2022, Hub88 introduced a new casino management and business intelligence app that allows real-time tracking of performance metrics through a user-friendly interface, available on both iOS and Android platforms. This app utilizes advanced analytics to facilitate data-driven decision-making.

In May 2022, Galaxy Gaming Inc. launched the Triton Casino Systems, an innovative management tool that enhances its Bonus Jackpot System. This solution allows casino operators to create various progressive setups while providing in-depth reporting and analytics.

Galaxy Gaming launched the Triton Casino Systems, NOVOVISION™ Casino Management Systems

The market is also witnessing strategic acquisitions aimed at strengthening positions within the iGaming industry. In June 2024, Gaming Innovation Group (GiG) acquired Casinomeister for $3.6 million, enhancing its operational capabilities and market presence.

Nelson Moura
Nelson Mourahttp://agbrief.com
Editor and reporter with 10 years of experience in Greater China, namely Taiwan and Macau, in printed and online media, with a focus on finance, gaming, politics, crime, business and social issues.

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