Growth in Global Slots Sales; CasinoMarket and Systems Boom Forecast

Research reports have shown that global slots sales have picked up significantly over the past quarter and that the Casino Management Systems market is also expected to boom. This on the back of a third independent forecast that estimates the global casino market to reach in excess of $153-billion with the next four years.

Global Slots sales have grown over the fourth quarter by 31 per cent year-overyear to 31,240, and grew 19 per cent quarter-over-quarter, according to Todd Eilers of Eilers and Krejcik Gaming.

Aristocrat led unit sales with 25 per cent share or 7,754 units, with IGT following at 24 per cent and Scientific Games at 18 per cent, according to Fantini’s Gaming Report. US and Canada gaming operations revenue is estimated to have grown 47 per cent year-over-year and six per cent quarter-over-quarter to $985m.

Aristocrat is estimated to have led gaming operations market share at 35 per cent, followed by Scientific Games at 19 per cent, IGT at 18 per cent and Everi at 10 percent. According to research published by Research and Markets, the Casino Management Systems Global Markets Report 2022: Security and Surveillance, Analytics, Accounting and Cash Management, Player Tracking, Property report, reveals that the global casino management systems market is expected to grow from $5.71 billion in 2021 to $6.85 billion in 2022 at a compound annual growth rate (CAGR) of 20.1%. The market is expected to reach $12.74 billion in 2026 at a CAGR of 16.8%.

The casino management systems market consists of sales of casino management systems by entities (organizations, sole traders, and partnerships) that are used to assist in the ongoing management, monitoring, and operations of casino or gaming organizations. Casino management systems provide various club operations such as management systems, accounting and analytics tools, and security and surveillance systems. These technologies assist in keeping track of client and personnel activities across the gaming club floor, as well as maintaining a database for future use.

The main types of components in casino management systems are hardware and software. The software involves CRM software, casino player tracking software, PMS, and inventory management systems that are being used in casino games. The different applications include security and surveillance, analytics, accounting, and cash management, player tracking, property management, marketing and promotions, others and are implemented in small and medium casinos, large casinos.

North America was the largest region in the casino management systems market in 2020. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Increasing legalization and rising number of gaming establishments are expected to propel the growth of the casino management systems market. A gaming establishment refers to any gaming property such as a casino, hotel, or resort that includes various games or betting that require a legal license.

For instance, in July 2021, in Germany, a new interstate Treaty on Gambling (“ISTG 2021”) has come into action, which includes new licensing possibilities for sports betting, virtual slot machines, and online poker for private operators. In the USA, as of 2019, land-based commercial casinos are permitted in 18 states and six states have permitted riverboat casinos. Therefore, the increasing legalization and rising number of gaming establishments are driving the growth of the casino management systems market.

Global Casinos Market to Reach $153.2 Billion by 2026

A new market study published by Global Industry Analysts market research company titled ‘Casinos - Global Market Trajectory & Analytics’, gives fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

The research report polled 151 leading gaming companies and 412 qualified executives driving strategy, business development, sales & marketing, and product management roles at these companies, with the mian takeaway being that the global casino market is set to grow exponentially over the next four years. Amid the COVID-19 crisis, the global market for Casinos estimated at US$129.2- billion in the year 2022, is projected to reach a revised size of US$153.2 -billion by 2026, growing at a CAGR of 3.7% over the analysis period. Gambling Machines, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$77.4-billion. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Gaming Tables segment is readjusted to a revised 3.5% CAGR for the next 7-year period. Slot machines are considered one of the most popular types of gambling machines globally, wherein the pressing of a button results in spinning of multiple reels.