Industry News
Worldwide Casino Management Systems Market Insights, 2020-2027
The “Casino Management System Market Size, Share & Trends Analysis Report by Application (Security & Surveillance, Analytics, Accounting & Cash Management, Player Tracking), by Region, and Segment Forecasts, 2020 – 2027” report has been added to ResearchAndMarkets.com’s offering.
The global casino management system market size is expected to reach USD 15.5 billion by 2027, expanding at a CAGR of 14.9%.
The growing demand for casino establishments and increasing social acceptance of casinos are expected to emerge as crucial factors for driving the market. The increasing use of technological solutions and systems across gambling clubs to boost operational efficiency will further drive the growth of the market.
North America emerged as the highest revenue generating segment in 2019 and is expected to witness a CAGR of 13.8% from 2020 to 2027. However, it is estimated that Asia Pacific will witness significant growth and will exhibit the fastest CAGR of 16.8% over the forecast period. The growth of the casino gaming industry, especially in Japan, China, and India, is expected to play a major role in propelling the demand for the systems over the forecast period. Governments across the region are gradually legalizing casino gaming, owing to several social and economic benefits. Rising number of gambling establishments and evolving customer preferences towards casino-style gaming is anticipated to boost market growth.
Casino operations involve a multitude of monetary transactions, which have resulted in an increase in the number of fraud and spoofing attacks. To safeguard against cheating, fraud, and other crimes, gambling club operators are heavily investing in security and surveillance solutions to ensure a safe gaming environment across the floor. Hence, security and surveillance systems have become a vital component of a casino management system enabling gaming club operators to monitor and manage security threats in real time. Video analytics, license plate recognition, facial recognition, and automated surveillance technologies are being increasingly implemented across gambling clubs, which is expected to spur market growth.
Casino management system incorporate analytic tools, management systems, player tracking, and other tools. The analytics segment of the casino management system is expected to witness the fastest CAGR of 16.3% over the forecast period. Casino management systems are expected to witness high penetration as gaming clubs become more data driven and analytical tools can help gain a competitive edge.
Analytical tools offer varying insights on customer behaviour, game preferences, spending patterns, and win/loss probabilities. Such insights enable gambling club operators to deliver a personalized gaming experience, enhancing customer retention rate, and streamline gaming operations. However, emerging online gaming platforms are expected to gain increased market penetration owing to the evolving customer preferences, which is likely to hinder market growth.
Further key findings from the study suggest:
- The security and surveillance segment is expected to dominate the casino management system market and was valued at USD 1.2 billion in 2019. Advancements in automated security solutions is further expected to drive market growth in this segment
- The analytics segment is expected to witness significant growth at a CAGR of over 16% from 2020 to 2027. Analytical tools are likely to witness increased adoption over the forecast period owing to varying insights offered, enabling operators to remain profitable
- The player tracking segment was valued at USD 780.3million in 2019. Gaming club operators are incorporating digital technologies to deliver a more personalized gaming experience and drive customer retention rate
- Asia Pacific is expected to witness the highest growth rate over the forecast period. Increased demand for gambling establishments coupled with changing consumer preferences and rising disposable income will augment regional market growth
- Key players include International Game Technology (IGT), Micros Systems, Inc., Aristocrat Leisure Limited, Konami Corporation, Bally Technologies, and Honeywell International, Inc. Key players are adopting organic and inorganic growth strategies such as investments in R&D, product innovation, and M&A activities to acquire larger market share.
Key Topics Covered
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources
1.4. List of Abbreviations
Chapter 2. Executive Summary
2.1. Casino Management Systems Market – Industry Snapshot & Key Buying Criteria, 2014-2027
2.2. Casino Management Systems Market, 2016 – 2027
Chapter 3. Casino Management System Industry Outlook
3.1. Market Segmentation
3.2. Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.3.3. Market opportunity analysis
3.4. Penetration & Growth Prospects Mapping
3.5. Industry Analysis – Porter’s Five Forces Analysis
3.6. PEST Analysis
Chapter 4. Casino Management System: Application Outlook
4.1. Casino Management System Market Estimates & Forecasts By Application, 2019 & 2027 (USD Million)
4.2. Security & Surveillance
4.3. Analytics
4.4. Accounting & Cash Management
4.5. Player Tracking
4.6. Property Management
4.7. Marketing & Promotions
4.8. Others
Chapter 5. Casino Management System Market: Regional Outlook
5.1. Casino Management System Market Estimates & Forecasts By Region, 2019 & 2027 (USD Million)
5.2. North America
5.3. Europe
5.4. Asia Pacific
5.5. Latin America
5.6. Middle East & Africa
Chapter 6. Competitive Landscape
6.1. Konami Corporation
6.2. Agilysys, Inc.
6.3. Bally Technologies
6.4. Casinfo Systems
6.5. International Game Technology (IGT)
6.6. LGS (Lodging & Gaming Systems)
6.7. Micros Systems, Inc. (Oracle Corporation)
6.8. Honeywell International, Inc.
6.9. Next Level Security Systems, Inc.
6.10. Aristocrat Leisure Limited
For more information about this report visit https://www.researchandmarkets.com/r/phnt1e
Industry News
Public Voting Starts for Ortak x B.F.T.H. Arena Awards 3.0
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The highly anticipated Ortak x B.F.T.H. Arena Awards 3.0 has officially entered the public voting phase as submissions are closed.
More than 70 game providers have turned in over 160 submissions, including Tom Horn Gaming, Pragmatic Play and RubyPlay. Public voting involves enthusiasts casting their votes to pick the winner of the Game of Public Choice category.
The Public voting phase ends on December 1st 23:59 GMT+4.
Concurrent to public voting, the first phase of private voting also starts during which all participants who have submitted entries get the chance to vote for one favourite in each category. An international auditing company oversees this phase to eliminate duplicate votes and self-votes. This phase ends on November 19, 23:59 GMT+4.
The second phase of private voting will also take place with a jury of industry experts making their decisions based on the shortlist picked by participants during the first phase.
The post Public Voting Starts for Ortak x B.F.T.H. Arena Awards 3.0 appeared first on European Gaming Industry News.
Industry News
BC.GAME Launches Exclusive Airdrop for Polymarket Users, Rewarding Participation in U.S. Election Prediction Markets
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Following the frenzy surrounding the 2024 U.S. presidential election, global leading crypto igaming platform BC.GAME has officially announced an exciting airdrop campaign aimed specifically at Polymarket users. This initiative will bring BC.GAMEâs gaming entertainment together with the wisdom of Polymarket users, offering a much-needed opportunity for those who actively participated in the election prediction market.
Airdrop Frenzy Amid the Hype: Special Rewards for Polymarket Users
Following the intense activity during the 2024 U.S. presidential election, Polymarket saw an unprecedented surge in user participation. Thousands of individuals placed bets on the election results, turning this prediction market into a major financial event.
To capitalise on this momentum, BC.GAME is launching an exclusive airdrop for Polymarket users. The campaign will reward active participants with exclusive prizes and access to BC.GAMEâs expansive gaming ecosystem, creating an exciting opportunity for those who took part in one of the most talked-about prediction markets in history.
Exclusive Airdrop: A Chance to Turn the Tide
The BC.GAME airdrop campaign will offer Polymarketâs active users unique rewards, creating an exciting and unparalleled experience in the crypto gaming space. By leveraging the buzz surrounding Polymarket, BC.GAME aims to bring its innovative gaming ecosystem to more users, giving them the opportunity to earn substantial rewards through this airdrop. Polymarket users will not only enjoy exclusive games on the BC.GAME platform, but also have the chance to claim specially designed rewards. The BC.GAME team guarantees a transparent and fair process throughout the event, ensuring that every participant receives maximum benefits.
BC.GAME: Igniting the Future of Crypto Communities
BC.GAME has always been at the forefront of innovation, providing users with a never-before-seen gaming experience. According to data from 1ml .com, BC.GAME is ranked 14th globally in the crypto gaming space and supports hundreds of cryptocurrencies, including Poly, providing users with diverse payment and gaming options.
In addition, BC.GAME actively participates in the development of the crypto community by investing in NFTs and supporting the growth of the metaverse. For example, BC.GAME has invested 700 ETH into various NFT projects to foster growth in the metaverse and iGaming sectors. By engaging with Polymarket users, BC.GAME is lighting up new possibilities in the crypto world and paving the way for the future of digital entertainment.
The post BC.GAME Launches Exclusive Airdrop for Polymarket Users, Rewarding Participation in U.S. Election Prediction Markets appeared first on European Gaming Industry News.
Industry News
Double win for Kaizen Gaming at the SBC Awards Latinoamérica 2024
Kaizen Gaming, one of the biggest GameTech companies in the world, had an impressive double-win at the SBC Awards LatinoamĂ©rica 2024 on the 31st October in Miami, Florida. Awarded âBrazilian Market Entrant of the Yearâ, and âMarketing Campaign of the Yearâ, the two wins follow an impressive year of growth and exposure for Kaizen Gaming, as well as its premium brand Betano, across Latin America and globally.
Betano is rapidly growing its user base and presence in Brazil, serving as the main and title sponsor of BrasileirĂŁo Betano and Copa Betano do Brasil. As a founding member of the ANJL and IBJR regulatory bodies, Betano is recognised for its dedication to upholding the highest standards of responsible gaming and integrity. Furthermore, the Betano brand has launched multiple CSR initiatives across the country in partnership with sponsored team, Clube AtlĂ©tico Mineiro. It also recently launched the âJuntos em Campoâ long-term program in cooperation with CBF (Brazilian Football Confederation) to promote initiatives focused on gender equality.
Awarded for the results and creativity of its innovative âFootball in Americaâ marketing campaign, Betano successfully introduced Latin America to its âConfiaâ brand platform by leveraging on its CONMEBOL Copa America 2024 sponsorship. The campaign chimed with the spirit of fans across the continent by celebrating Latin Americaâs rich football heritage, playfully responding to Kylian Mbappeâs 2022 comments questioning the regionâs football quality.
Vangelis Skarkalis, Kaizen Gaming Senior Commercial Director LATAM, said: âLatin America is one of the worldâs most dynamic and exciting regions for i-gaming. Being recognised as a leading player in this important market with two wins at the prestigious SBC Awards LatinoamĂ©rica is a great honour â especially on the heels of our recent double-win as âOperator of the Yearâ at both the EGR Operator Awards and SBC Awards. Achieving this success requires an exceptional team of dedicated, ambitious professionals. This award honours everyoneâs hard work and commitment to always going above and beyond in delivering the best experiences for our customers not only in Latin America, but worldwide too.â
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