• Casino Industry Trends
• Casino Gaming Industry Trends
• Current Trends In Casino Gaming Industry Stocks

Last week, the Division of Gaming Enforcement in New Jersey announced figures that provide more evidence that interest in gaming and casino entertainment continues to rise. According to the figures, casino revenue in October was up bymore than 13%from the year before.

Casino Social Gaming Lottery Bingo Sports Betting Fantasy Sports. In Chapter 12 and 13.4, on the basis of applications, the Online Gambling & Betting market from 2015 to 2026 covers: Desktop. Casino Industry Trends The two cities known for their land-based casino industries – Las Vegas and Macau, may need to rethink the way casinos are designed and turn them into more socially welcoming spaces. This is due to the fact that their traditional consumer base has made way for a new generation constituting a different set of customers. Since 2005, Spectrum Gaming Group has been identifying the most significant trends gaming for the coming year. We work with our sister companies, Spectrum Asia, based in Bangkok, and Spectrum Gaming Capital, based in New York City, to track and understand these trends throughout the year for the benefit of our work with private- and public-sector clients.

One of the reasons for this was the advent of sports gambling in New Jersey, which took into effect in June after the Supreme Court ruled in May in favor of allowing states to legalize sports betting. However, online gaming, the opening of new casinos, interactive gaming systems on casino floors, and top entertainment draws have all helped to increase casino revenue in New Jersey and all of North America.

As casinos look to attract new guests and retain ones they already have, they will need to continue to be on the forefront of new technologies and have a clear understanding of what the public is looking for when it comes to gaming. Here are several casino trends we should see in 2019 and beyond.

More Slot Machines Will Have a Skill Element to Them: As casinos attempt to attract younger guests, the industry will continue to incorporate slot machines that have a skill element to them. Many, in fact, may mirror some of the gaming features found in video games that these younger guests grew up with.

Interactive Gaming Systems Will Change How Gamers Interact with Casinos: KGM CONNECT enables casinos to deliver the best online content to meet their guests’ expectations when it comes to gaming. Users can access fun and engaging online games on touch-enabled kiosks, wall panels, and tables in a stunning lounge setting.Interactive gaming systemsbring the popularity of online and social gaming to the casino floor and should be seen more in 2019.

New Table Games Will Be Introduced: Some games, like blackjack and poker, require some mastery to play correctly and increase a player’s odds of winning. While many love these games, others are just looking for a game that requires some skill but one that can be learned rather quickly. Casino operators understand this and will continue to bring new table games to the casino floor to see which ones their guests are drawn to.

In all, casinos operators will always try to give their guests what they want when it comes to gaming. This includes offering the highest level of customer service (in-person and online), top entertainment options, fine dining, and more. Additionally, as guests become more familiar with online and social games, they will be drawn to these types of games on the casino floor too. Interactive gaming systems and other technologies should help them reach their audience. Contact us today to learn more about our KGM CONNECT interactive gaming technology.

KGM is a manufacturer and supplier of products that have groundbreaking impact on the gaming industry. Innovation is at the core of everything we do, and it all begins with you. We are inspired by what you need to grow your business.

(215) 430-0388

info@kgmgaming.com

Casino Industry Trends

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LONDON--(BUSINESS WIRE)--Technavio has been monitoring the online gambling market and it is poised to grow by USD 114.21 bn during 2020-2024, decelerating at a CAGR of over 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19

Impact of COVID-19

Casino Gaming Industry Trends

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the online gambling market. The market growth in 2020 is likely to increase compared to the market growth in 2019.

Frequently Asked Questions:

• What are the major trends in the market?
  The introduction of bitcoin gambling is a major trend driving the growth of the market.
• At what rate is the market projected to grow?
  The market will decelerate at a CAGR of over 11% and the incremental growth of the market is anticipated to be $ 114.21 bn.
• Who are the top players in the market?
  888 Holdings Plc, bet365 Group, Betsson Ab, Camelot UK Lotteries Ltd., Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., GVC Holdings Plc, INTRALOT SA, MGM Resorts International, and William Hill Plc, are some of the major market participants.
• What is the key market driver?
  The rising popularity of the freemium model is one of the major factors driving the market.
• How big is the APAC market
  The APAC region will contribute to 36% of the market share.

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The market is concentrated, and the degree of concentration will decelerate during the forecast period. 888 Holdings Plc, bet365 Group, Betsson Ab, Camelot UK Lotteries Ltd., Flutter Entertainment Plc, Galaxy Entertainment Group Ltd., GVC Holdings Plc, INTRALOT SA, MGM Resorts International, and William Hill Plc are some of the major market participants. The rising popularity of the freemium model will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this online gambling market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Online Gambling Market 2020-2024: Segmentation

Online Gambling Market is segmented as below:

• Type
  • Lottery
  • Betting
  • Casino
• Device
  • Desktop
  • Mobile
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40413

Online Gambling Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The online gambling market report covers the following areas:

• Online Gambling Market Size
• Online Gambling Market Trends
• Online Gambling Market Industry Analysis

This study identifies the introduction of bitcoin gambling as one of the prime reasons driving the online gambling market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Online Gambling Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist online gambling market growth during the next five years
• Estimation of the online gambling market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the online gambling market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of online gambling market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type placement
• Lottery - Market size and forecast 2019-2024
• Betting - Market size and forecast 2019-2024
• Casino - Market size and forecast 2019-2024
• Market opportunity by Type

Market Segmentation by Device

• Market segments
• Comparison by Device placement
• Desktop - Market size and forecast 2019-2024
• Mobile - Market size and forecast 2019-2024
• Market opportunity by Device

Customer landscape

• Overview

Current Trends In Casino Gaming Industry Stocks

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• 888 Holdings Plc
• bet365 Group
• Betsson Ab
• Camelot UK Lotteries Ltd.
• Flutter Entertainment Plc
• Galaxy Entertainment Group Ltd.
• GVC Holdings Plc
• INTRALOT SA
• MGM Resorts International
• William Hill Plc

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.