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Global casino management system market grew at an average annual growth rate (CAGR), 18.0%, from $6.79 million in 2022 to $8.02 trillion in 2023. In the short-term, the Russia-Ukraine conflict has hampered global economic recovery from COVID-19. These two warring countries have led to economic sanctions against multiple countries and an increase in commodity prices and supply chain disruptions. This has caused inflation across all goods and services, and affected many markets around the world. At a 15.0% CAGR, the market for casino management systems is expected to reach $14.02 billion by 2027.
The market for casino management systems includes revenue earned by entities that provide systems to support the management, monitoring, or operation of casinos and gaming organizations. Casino management systems offer a variety of club operations, including management systems, accounting, analytics tools, security and surveillance systems.
This market’s value is referred to as ‘factory gates’. These are the values of goods that are sold by the producers or creators of the goods to other entities, such as downstream manufacturers, wholesalers and distributors, or directly to customers. This market also includes the value of related services sold to the goods creators.
Casino management software is used to manage and execute various activities within a casino. These technologies allow you to keep track of clients and staff activities on the gaming floor, and create a database for future reference.
In 2022, North America was the largest market for casino management systems. Asia-Pacific is projected to grow the fastest in the forecast period.
The report covers the following regions: Asia-Pacific, Western Europe and Eastern Europe.
Hardware and software are the main components of casino management systems.
These applications include security and surveillance as well as analytics, accounting and cash management. They can also be used to track players, manage property, market and promote, and other functions.
The market for casino management systems is expected to grow with increasing legalization and the rise in the number of gaming establishments.
In Germany, a new Interstate Treaty on Gambling (“ISTG 2021”) was signed in July 2021. It provides new licensing options for online gambling, virtual slots machines and poker for private operators.
The market for casino management systems is growing because of increasing legalization and the rising number of gaming establishments.
The casino management system market is undergoing significant product innovation. Major companies in this sector are focusing on new product innovations to satisfy consumer demand and improve their position.
In January 2021 Cher-Ae Heights Casino (a US-based gaming company) and Konami Gaming Inc. (a US-based casino management system manufacturer) launched SYNKROS Casino Manager System in Trinidad, California. Synkros by Konami is well-known for its reliability and solid data. It collects data from all areas connected to the casino property and creates a 360-degree patron view. SYNKROS Casino Management System offers a unique combination of marketing solutions for Cher-Ae Heights Casino customers. This includes floor-wide bonuses, random draws, personalized incentives, and many more.
Grover Gaming, Inc., an American-based developer of software systems and gaming systems, purchased Digital Dynamics Software, Inc. in August 2021 for an undisclosed sum. Grover Gaming will now be able enhance its gaming performance through the integration of SAS-based digital gambling equipment and casino communications in its software. Digital Dynamics Software, a US-based developer, offers SAS Gateway, GAP gaming protocol and SAS Engine as well as casino management software.
The report covers Australia, Brazil and China as well as India, Indonesia, Japan (Russia), South Korea, the UK and USA.
Market value refers to the revenue that businesses receive from the sale or grant of goods or services in the specific market and geographic area. It is expressed in USD unless otherwise stated.
Revenues for a specific geography are the consumption values, which are revenues that organizations generate in the region. It doesn’t include revenues from resales down the supply chain.
This market research report on casino management system market is part of a series that includes statistics about the market for casino management system market. It provides information such as market size and regional shares of casino management industry players, casino management system market share of competitors, detailed market segments of casino management, market trends, opportunities and any other data necessary to succeed in the casino industry. This market research report on casino management systems provides a comprehensive overview of all aspects of the industry, including an analysis of future and current scenarios.
