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Casino Gaming Equipment Market Thrives with Cutting-Edge Technology and Immersive Experiences, Says Stellar Market Research Analyst

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PUNE, India, July 18, 2024 /PRNewswire/ — The Casino Gaming Equipment Market size was valued at USD 13.13 Billion in 2023, according to the SMR analyst. The total Casino Gaming Equipment revenue is expected to grow at a CAGR of 5% from 2024 to 2030, reaching nearly USD 18.48 Billion by 2030.

The casino industry is rapidly evolving and flourishing as more people become aware of the enjoyment and thrills it delivers. Evolving customer’s choices and preferences and the integration of advanced technologies to provide thrilling gaming experiences like virtual reality and skill-based games are attracting a substantial consumer base. According to the MMR analysis, there are 5,098 Global Casinos & Online Gambling businesses as of 2024, an increase of 5.2% from 2023. With currently over 2,000 casinos, the United States has the largest number of casinos across 44 states in the world. Thus, growing numbers of casinos are driving the demand for casino gaming equipment, supporting the casino gaming equipment market to grow at a substantial growth rate during the forecast period.

With the advanced technology integration in the equipment, the casino game equipment industry has grown significantly. For example, the integration of Predictive AI And Slot Machines in the casinos is shaping the future of the market. The introduction of predictive AI in slot machines has changed the face of casino gaming by providing insights into customer behavior, preferences, and trends. This technology allows for personalized gaming experience, player satisfaction, customer loyalty, and revenue growth. Predictive AI uses player data to customize game offerings and features, to create unique experiences that encourage more playtime. Also, it helps in responsible gambling by identifying at-risk players and casinos can take necessary measures. So AI-driven innovations are setting new benchmarks and driving continuous technological advancements and investments in casino gaming infrastructure.

The SMR’s Global Casino Gaming Equipment Market Report is a comprehensive and in-depth analysis of the market’s size, share, growth, trends, demand, and forecast, with a focus on the most recent developments and industry trends. Regulations imposed by various governments on the casino industry have been analyzed to give a comprehensive understanding of their impact on operations, profitability, and compliance requirements within the sector. competition in the market is analyzed by using PORTER’s five forces analysis as well as PESTLE analysis was carried out to investigate the various factors impacting the market growth. A detailed competitive landscape is provided in the final report including major key players, their position in the market, product offerings, their major end-users, revenue details, their global presence, etc. In addition, recent developments such as mergers and acquisitions, product launches, and geographical expansion are covered to give the overall intensity of the industry.

Global Casino Gaming Equipment Market 2023-2030: Key Highlights

Market Size in 2023:

USD 13.13 Bn.

Market Size in 2030:

USD 18.48 Bn.

CAGR:

5 %

Forecast Period:

2024-2030

Base Year:

2023

Number of Pages:

229

No. of Tables:

138

No. of Charts and Figures:

193

Regional Scope: 

North America, Europe, Asia Pacific, and Africa, South America

Report Coverage: 

Market Share, Size, and Forecast by Revenue | 2023−2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players’ Market Ranking Analysis.

Get your Sample PDF: https://www.stellarmr.com/report/req_sample/Casino-Gaming-Equipment-Market/205 

Market Overview

Technological advancements and the legalization of gambling throughout some most important countries which include the US, the UK, Canada, Germany, the Netherlands, Australia, and Ireland, brought about high sales growth inside the gaming enterprise. Casinos now utilize a wide variety of gaming gadgets past traditional tables, slots, and dice, along with machines observed in department shops and amusement venues. The increasing international reputation of gaming has driven the need for top-notch casino devices, particularly in North America and Europe where the industry is expected to grow at a CAGR of 5.1% and 5.8%, respectively, through 2030.

A rise in disposable income amongst customers, mainly in developing countries, has created a boom effect on the casino industry. The number of clients visiting casinos has received momentum in the past. Consequently, casino establishments have expanded all around the globe, increasingly demanding high-quality casino types of equipment. Technological traits which include virtual reality (VR), augmented truth (AR), and cellular gaming are enhancing participant engagement and increasing marketplace possibilities.

The shift towards online gambling and the acceptance of cryptocurrencies for transactions further fuel market growth. Additionally, skill-based gaming like poker and e-sports presents opportunities for specialized gaming equipment. Vendors in the market are expanding their product portfolios and launching new products to attract more customers. Advanced display solutions and electronic gaming machines are gaining popularity for their ease of use and upgradeability. Companies like Everi and NOVOMATIC have introduced innovative products with enhanced functionalities, driving market growth.

Competitive Landscape

The casino gaming equipment market is highly competitive due to the rapid pace of innovation driven by increasing demand for diverse gaming options. Digitization has accelerated the release of new game variations, expanding market offerings and attracting different demographics. Traditional casinos have evolved, maintaining their core elements while integrating modern technologies. The market now features a vast array of games, categorized into broad types like Table Games (e.g., blackjack, baccarat, roulette, craps), which simplifies choices for users. Providers and developers have to continuously innovate to stay ahead, leading to a dynamic and competitive environment where new entrants and established leaders vie for market share through technological advancements and varied gaming experiences. Some of the major casino gaming equipment manufacturers are

NovomaticAristocrat LeisureGalaxy EntertainmentAmatic IndustriesAinsworth Game Technology Ltd.APEX Gaming TechnologyEveri Holdings Inc.Universal EntertainmentKonami Gaming, Inc.Scientific Games CorporationInterblockTCSJOHNHUXLEYInternational Game Technology PLCGaming Partners International CorporationCasino TechnologyAruze Gaming America, Inc.

What’s New: Recent Additions and Updates

Technological AdvancementsNew Streaming Partnerships and PlatformsInnovative Marketing StrategiesFinancial Performance and InvestmentConsumer Behaviour and TrendsRegulatory Changes and Challenges

For more details on the information, Request a sample report: https://www.stellarmr.com/report/req_sample/Casino-Gaming-Equipment-Market/205 

Segment Overview: SMR has segmented the market based on     

By Product

Slot MachineVideo Lottery TerminalVideo Poker MachineOthers

By Installation

Installed Inside CasinoInstalled Outside Casino

Detailed segmentation analysis including segment market size, share, growth rates, growth factors, etc. is provided in the final SMR report.

Inquire Before Buying: https://www.stellarmr.com/report/enquire_now/Casino-Gaming-Equipment-Market/205 

Geography Overview

North America dominated the casino gaming equipment market in 2023 with the highest revenue. The American Gaming Association (AGA) published the institution’s annual file on the industry in October 2023, estimating that gaming and casinos had a positive economic impact of USD 328.6 billion, which covered growing 1.8 million jobs; USD 104 billion in wages and salaries; and USD fifty-two.7 billion in tax sales to federal, state, and neighborhood governments. However, the Asia Pacific region is predicted to develop at the fastest CAGR and provide substantial revenue growth potentials for the marketplace players during the forecast period. Macau, China, India, Singapore, Philippines, Malaysia, etc. are some of the predominant countries within the casino gaming enterprise.

The upward push of luxury gaming in India, particularly in Goa, is substantially boosting the tour and tourism sector. With domestic tourism swiftly increasing and a regular influx of foreign vacationers, the casino industry is poised for rapid increase within the country. Goa, a top destination for online casino gaming, draws a various crowd looking for upscale entertainment. This trend is driven by the growing disposable earnings and greater connectivity. India’s tourism quarter is predicted to develop annually by 6.7%, advantages from the economic impact of casinos, which make a contribution to neighborhood economies through taxes and charges. Streamlined regulatory frameworks are predicted to enable India to turn out to be a worldwide gaming hub, notably enhancing the casino gaming device market and boosting the overall tourism enterprise.

In the final report, past and future numbers and explanations are incorporated seamlessly to provide a comprehensive understanding of the Global Casino Gaming Equipment market.

Related Reports:

North America Casino Gaming Equipment Market size was valued at USD 3.75 Billion in 2023. The total revenue of North America Casino Gaming Equipment is estimated to grow at a CAGR of 5% and is expected to reach around USD 5.28 Billion by 2030.

North America Online Gambling Market size was valued at USD 30.71 Billion in 2023. The total North America Online Gambling revenue is expected to grow at a CAGR of 9.45% during 2024-2030 and reach nearly USD 57.78 Billion by 2030.

Games and Puzzles Market size was valued at USD 18.40 Bn. in 2023 and the total Global Games and Puzzles revenue is expected to grow at a CAGR of 8.5% from 2024 to 2030, reaching nearly USD 32.57 Bn. by 2030.

US Esports Market size was valued at USD 510 Million in 2023 and the total US Esports revenue is expected to grow at a CAGR of 21.3% from 2024 to 2030, reaching nearly USD 1970 Million.

Sports Sunglasses Market size was valued at USD 4.30 Billion in 2023 and the total Global Sports Sunglasses revenue is expected to grow at a CAGR of 5.2% from 2024 to 2030, reaching nearly USD 6.13 Billion by 2030.

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting organization with professionals from numerous industries. We provide complete reviews, custom answers, and consulting offerings for our customers. The SMR has published more than 10,000+ reports including sectors such as medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems.

Contact Stellar Market Research:
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Pinnac Memories Fl. No. 3,
Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656
Follow us:
Linkedin | Twitter | Facebook | Instagram |

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American Pipelining Supplies (APS) Expands Offerings as Authorized U.S. Sales, Training, and Support Provider for IMS Robotics

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2 hours ago

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November 16, 2024

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ANDERSON, S.C., Nov. 15, 2024 /PRNewswire/ — American Pipelining Supplies (APS), a prominent supplier of trenchless pipeline renewal and repair solutions, proudly announces a strategic partnership with IMS Robotics. This partnership makes APS the leading provider of sales, training, services, and after-sales support for IMS Robotics, in the United States. Through this collaboration, APS is poised to elevate the standard for trenchless repair by bringing IMS’s world-class robotic technology to professionals across the nation.

APS, known for its unwavering commitment to quality and innovation, will now serve as the central hub for IMS Robotics’ state-of-the-art robotic solutions, which are designed to enhance efficiency and precision in pipeline rehabilitation. As part of this new partnership, APS will offer hands-on training, expert consultation, and dedicated after-sales support to ensure clients have everything needed for successful project implementation and maintenance.

“With our new role as the U.S. sales, and support provider for IMS Robotics, we’re excited to bring this innovative technology directly to our clients and equip them with the resources to succeed,” said Jake Saltzman – CEO of American Pipelining Supplies. “IMS Robotics’ advanced systems perfectly align with our goal of providing comprehensive trenchless solutions that improve accuracy, safety, and operational ease. Our expanded offerings mean that our customers will have direct access to cutting-edge robotic tools with training and support at every step.”

APS will conduct expert-led training programs tailored to optimize the performance of IMS’s robotic systems in the field. Additionally, APS’s dedicated service and after-sales team will support pipeline professionals with maintenance, troubleshooting, and upgrades, ensuring smooth operation and maximizing the return on investment.

“Since 1992, IMS Robotics Group has been a pioneer in developing innovative and practical solutions in modern environmental technology. As a leading global manufacturer of specialized equipment for sewer cleaning and rehabilitation, we are proud to be recognized as market leaders in house connection and main sewer milling machines. When selecting a distributor and partner to represent our products, we take great care in choosing organizations that share our commitment to quality, customer service, and industry expertise,” says Steve Webster – Managing Director of IMS Robotics USA. “In an industry where quick and reliable responses to customer needs are critical, we are proud to announce our partnership with American Pipelining Supplies (APS). Jake and his team at APS have consistently demonstrated unparalleled knowledge, dedication, and a strong understanding of our industry. Their reputation for excellence and reliability makes them an ideal partner to represent the IMS Robotics product line in both sales and service. We are excited to collaborate with APS and look forward to a long and prosperous relationship, delivering world-class solutions to meet the evolving needs of our customers.”

Through this collaboration, APS and IMS Robotics are positioned to redefine the landscape of trenchless repair, combining cutting-edge technologies with hands-on, customer-focused support. With this APS and IMS Robotics partnership, pipeline renewal and repair professionals can expect an unprecedented level of access to tools and expertise that drive efficiency and success in every project.

About American Pipelining Supplies:
Based in South Carolina, American Pipelining Supplies is a leader in the pipelining supply industry, delivering high-quality trenchless repair and pipe renewal solutions and now specializing in robotic technologies, sales, training, and support. Learn more about APS.

About IMS Robotics:
IMS Robotics is an internationally recognized innovator in robotic systems for pipeline rehabilitation, delivering robust and adaptable robotic solutions that are designed to maximize efficiency and precision in the pipeline renewal industry. Learn more about IMS.

Media Team
Public Relations
BRANDefenders Media
media@brandefenders.com

This release was issued through WebWire®. For more information, visit http://www.webwire.com.

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SOURCE American Pipelining Supplies

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Technology

Learnologyworld Launches “Pay Later” Option and Expands Online Courses

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2 hours ago

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November 16, 2024

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This move will help Learnologyworld remove financial barriers to IT certification and skill development and provide immediate access to materials with payments deferred.

LOS ANGELES, Nov. 15, 2024 /PRNewswire/ — Learnologyworld, a leading provider of affordable certification training, announces the launch of its “Pay Later” payment option. The company has also expanded its range of online courses to meet the growing demand for IT certifications. The “Pay Later” option offers students the flexibility to receive training materials immediately and pay after two days via PayPal. This ensures that learners can advance their careers even when they don’t have immediate access to funds. The goal is to provide an essential support system for learners facing financial barriers, particularly in today’s uncertain economic climate.

As job requirements in technology become more strict, IT certifications have become a vital asset to the workforce. Studies show that certified IT professionals earn, on average, 30 percent more than their non-certified peers. Certifications serve as an industry standard, providing proof of expertise to potential employers, particularly for individuals without formal degrees.

In addition, the online learning industry is projected to grow by over nine percent year over year. This flexibility and accessibility of digital platforms have made professional development attainable for individuals balancing commitments to work, family, and study. Learnologyworld’s online courses for the aforementioned IT certifications help meet those needs through a self-paced, flexible approach to certification preparation. The courses cover programming, network management, cybersecurity, and much more.

“Certifications aren’t something you just add onto your resume. They’re essential credentials for people who want to establish or advance their careers in IT,” said Manuel End, co-founder and CEO of Learnologyworld. “Our ‘Pay Later’ option helps make sure that anyone with the drive to learn can access quality education.”

Emma Müller, chief technology officer at Learnology, added, “We’re constantly looking for ways to make learning more affordable and accessible. Online learning has become one of the top ways for job seekers and full-time employees to work around their busy schedules, and our new courses will help make the most in-demand skills more accessible to those individuals.”

Learnologyworld also offers interactive study guides and personalized exam vouchers for certifications offered by renowned brands like CompTIA, LPI, CWNP, Python Institute and ISQTB. The vouchers allow students to purchase a code online and then redeem the code at an authorized testing center to take a certification test, simplifying the process of paying for tests and identifying legitimate testing centers.

About Learnologyworld

Learnologyworld is an educational platform dedicated to affordable and accessible IT certification training. Through an array of online courses, study guides, and practice exams, Learnologyworld helps aspiring IT professionals achieve their career goals. The company’s focus on flexibility and affordability has made it a trusted partner for learners around the world.

Press Contact:

Bella Rose
7402177670
https://www.learnologyworld.net/

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Technology

GW Allen acquires Gage Western and Allen Measurement Services

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3 hours ago

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November 16, 2024

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WACO, Texas, Nov. 15, 2024 /PRNewswire/ — GW Allen, LLC (“GW Allen” or the “Company”) announced today it has entered into two separate definitive agreements to acquire 100% of the equity interests of Gage Western, LLC and Allen Measurement Services, LLC. The acquisitions position GW Allen as one of the largest third-party meter proving service companies in the United States. Kevin Fields, a proven veteran in the measurement industry, will lead the new Company as its CEO.

Mr. Fields noted, “We are excited to announce the acquisition of two high-quality meter proving companies. These acquisitions create a larger network of measurement equipment to better serve the needs of our customers across the United States. With the quality processes of Gage Western and the customer service of Allen Measurement Services, GW Allen will strive to deliver excellence in all aspects of the measurement business.” 

GW Allen Chairman, Coleman Curry, added, “These acquisitions mark our first step in establishing a significant presence within the measurement industry. We will seek to organically expand our services offerings to include a variety of additional measurement services, including lab analysis, calibrations and software services.”

About GW Allen
GW Allen operates 15 custody transfer provers, four allocation provers and a flow loop in Midland, Texas. Headquartered in Waco, Texas, the Company employs 25 people and has plans to expand its position in the measurement sector throughout the United States. Our motto is — Excellence. Measured.

About Mr. Kevin Fields
Mr. Fields began his measurement career at Coastal Flow Measurement in 1984 where he helped grow the company from one (1) prover in 1989 to 35 provers and 55 employees in 2018 at which time the company was sold. After the successful sale, Mr. Fields served as an executive of Flow Measurement Devices, or FMD, from 2018 to 2022. Most recently Mr. Fields has supported e9 Treatments movement into the midstream industry. Mr. Fields is regarded as one of the most influential measurement executives in the industry having introduced the first portable small volume prover (Synctrak) and publishing many papers on measurement services including: Operational Experiences of Small Volume Prover, Master Meter Water Prover Calibration, and Pycnometers and Densitometer Operations.

Contact:
Mr. Kevin Fields
Chief Executive Officer
GW, Allen, LLC
Kevinfields@gw-allen.com

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SOURCE Donovan Ventures

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