Canada
Casino Market to Touch USD 480 Million at 7% CAGR by 2026 – Report by Market Research Future (MRFR)
According to a comprehensive research report by Market Research Future (MRFR), “Global Casino Market information by Type and Region – forecast to 2027” the market size is anticipated to reach USD 480 million with CAGR of 7% by 2026.
Casino Market Scope:
A casino, simply put, is a room or building where people play gambling games like slot machines, roulette, poker, lottery, craps, and blackjack, among others.
Dominant Key Players on Casino Market Covered Are:
- Addison Global Limited (UK)
- Creatiosoft (India)
- Chetu, Inc. (US)
- Evolution Gaming (Latvia)
- Microgaming (Isle of Man)
- NetEnt AB (Sweden)
- Kindred Group PLC (UK)
- Betsson AB (Sweden)
- Betsoft (Malta)
- Playson (Malta)
- Elaunch Solution Pvt. Ltd (India)
- Ladbrokes (UK)
- Scientific Games (US)
- The 888 Group (Europort)
- Paddy Power Betfair PLC (Ireland)
Market Drivers:
Attractive Features that Bolster Market Growth
According to the MRFR report, there are numerous factors that are propelling the global casino market growth. Some of these entail increasing gaming licenses, boost to tourism it offers to domestic economies, increasing investments in developed economies, customers’ increasing affluent lifestyle, high internet penetration, increasing use of mobile phones to play online games from public places and homes, easy access to online gambling, cultural approval and legalization, celebrity endorsements and corporate sponsorships, and the growing accessibility of cost-effective mobile applications. The additional factors adding market growth include changing lifestyle, demand for leisure time, increase in tourism, rising standard of living, customer’s growing spending capability, rising commercialization and urbanization, rapid growth in technology, change in consumer’s offline casino preference, blockchain based online casinos, and VR based gaming.
On the contrary, cyberattacks during online gaming, security and authentication related issues and legal hurdles are factors that may limit the global casino market growth over the forecast period.
Segmentation of Market Covered in the Research:
The MRFR report highlights on an inclusive analysis of the global casino market based on type.
By type, the global casino market is segmented into slot machines, roulette, poker, lottery, craps, and blackjack. Of these, the lottery segment will command the largest share in the market over the forecast period as more people buy online and offline lottery tickets. In casinos, the integration of video lottery terminal is increasing participation among customers and drive revenues which in turn is adding to the segmental growth.
Regional Analysis
APAC to Have Lions Share in Casino Market
Geographically, the global casino market is bifurcated into Europe, the Asia Pacific (APAC), the Middle East and Africa (MEA), North America, and Rest of the World (RoW). Of these, the APAC region will have the lions share in the market over the forecast period. Investments by overseas gambling companies, the large appetite of online gamblers, approval of licenses in certain states, large potential in China and India, demand for blockchain based online casinos, and the popularity of cricket betting are adding to the global casino market growth over the forecast period. The additional factors adding market growth include the increasing use of internet services, relaxation of regulations pertaining to online casinos, high economic growth, and increased spending on leisure activities.
North America to Have Healthy Growth in Casino Market
In North America, the global casino market is predicted to have healthy growth over the forecast period. Approval of online gambling, legalization of sports betting, rise in female customers, convenience of cashless modes of payment, push for legal betting in the US, and increasing use of cryptocurrencies are adding to the global casino market growth in the region.
Europe to Have Notable Growth in Casino Market
The global casino market in Europe is predicted to have notable growth over the forecast period. Legalization of casinos in Italy, Malta, Spain, Germany, and France, growing popularity of online casinos, the availability of high-speed internet, and rising use of smartphones are adding to the global casino market growth in the region.
In RoW, the global casino market is predicted to have sound growth over the forecast period.
COVID-19 Impact on the Global Casino Market
The deadly COVID-19 outbreak has brought all operations and activities in casinos to a standstill. They were opened after implementing the use of sanitizers and masks and social distancing measures to curb the spread of the virus. Social distancing points between slot machines and non-invasive tests at entry points are likely to drive customers and also ensure their safety. On the contrary, the crisis has restricted construction projects and renovation projects with the biggest casinos halting their plans.
Entertainment options are restricted yet are being offered at much selected venues. California’s Fantasy Spring Resort offers music on Sundays by Latin artists during the outbreak. The dining services provided at these venues with food being served at the customers’ tables and buffets being scrapped. Yet the impact of cardrooms can impact the profit margins of casinos at this period.
The pandemic on the other hand is favorably impacting the online casino market. To curtail the spread of the virus, countries across the world have imposed tight restrictions and promoted social distancing. Stringent restrictions on the movement of the people had a noteworthy impact on casino operations that are land-based. As a result most players have shifted focus to online casinos due to land-based gambling lockdown.
Industry Updates
Esports Technologies has joined hands with Spinomenal, a leading casino games provider. The game provider agreement will enable Esports Technologies in offering casino games with the high opportunity of winning real money on Gogawi.com, its international direct-to-consumer platform. The expanded offerings will allow sports bettors as well as esports in placing wagers on both casino games as well as leading esports matches and tournaments on just any device, on the go or at home.
Powered by WPeMatico
The International Association of Gaming Regulators (IAGR) has released the program for its upcoming annual conference, to be held in Toronto from 20-23 October.
With the theme ‘Resilient regulation: Exploring what works, why and what’s next’, the event brings together global regulators and thought leaders to examine how regulatory frameworks can evolve to meet today’s challenges.
The four-day program explores timely issues, including the rise of AI and behavioural analytics, the impact of converging technologies, cross-border collaboration and the continued push to strengthen responsible gambling policies.
IAGR President Ben Haden said the program offers a strong preview of the content and conversations delegates can expect in Toronto.
‘This year’s program showcases the breadth and complexity of the challenges facing gambling regulators worldwide, from protecting player wellbeing to tackling illegal markets and understanding new technologies,’ Haden said.
‘I encourage regulators, researchers and policy professionals from around the world to join us in Toronto. The conference is a space to learn, share experience, challenge assumptions and shape the future of effective, collaborative regulation.’
Confirmed speakers and panellists include:
- Andrew Rhodes, CEO, Gambling Commission, Great Britain
- Anders Dorph, Director, Danish Gambling Authority, Denmark
- Dr Karin Schnarr, CEO and Registrar, Alcohol and Gaming Commission of Ontario, Canada
- Mark Vander Linden, Director of Research and Responsible Gaming and Carrie Torrisi, Chief of Sports Wagering Division, Massachusetts Gaming Commission, United States
- Bashir Are, CEO, Lagos State Lotteries and Gaming Authority, Nigeria
- Teo Chun Ching, Chief Executive, Gambling Regulatory Authority, Singapore
- Ladipo Abiose Akolade, Founder, GamblePause Initiative Africa, Nigeria
- Rasmus Kjaergaard, CEO, Mindway AI, Denmark
- Tracy Parker, Senior Vice President, Accreditation, Advisory and Insights, Responsible Gambling Council, Canada
- Pedro Romero, Chief of Safer Gambling Partnerships, BetBlocker, Gibraltar
- Sonia Wasowska, Head of Supervision, General Commercial Gaming Regulatory Authority, United Arab Emirates
- Steven Blackburn, Partner, Ashurst Risk Advisory, Australia
The event will be held at The Westin Harbour Castle on Toronto’s waterfront.
The post IAGR announces program for IAGR2025 conference in Toronto appeared first on Gaming and Gambling Industry in the Americas.
Home field advantage has a new name, as the Edmonton Elks announced that Play Alberta Field at Commonwealth Stadium is now the home of the Elks.
The field naming rights are part of a broader multi-year agreement between Play Alberta and the EE, making Play Alberta the official sports betting partner of the Club.
“We couldn’t be more excited to expand our partnership with Play Alberta. This partnership is about more than just putting a name on the field – it’s about building something meaningful for our fans and our community. Play Alberta is an Alberta-based organization that shares our values and our commitment to giving back. Together, we’re creating new ways for fans to connect with our team and experience the game day atmosphere in a whole new way,” said Elks President and CEO Chris Morris.
The expanded relationship between the Elks and Play Alberta will allow the game day experience to continue to grow. Fans can look forward to unique activations and promotions around the stadium, including the chance to win game tickets and memorabilia.
“Since Play Alberta’s launch five years ago, our team has made it a priority to connect with the communities where our players live and work. We are very excited to join the Edmonton Elks on the field on game days during upcoming CFL seasons. Play Alberta Field at Commonwealth Stadium allows us to partner with the Elks and showcase two brands built for Albertans in a historic Edmonton location,” said Alberta Gaming, Liquor and Cannabis Chief Executive Officer Kandice Machado.
The Elks open their 76th season on Saturday, June 7 in Vancouver when they take on the B.C. Lions. Edmonton’s home opener at Play Alberta Field at Commonwealth Stadium is slated for Thursday, June 19 against the Montreal Alouettes.
The post Edmonton Elks, Play Alberta Connect on New Partnership appeared first on Gaming and Gambling Industry in the Americas.
BCLC has launched a Scratch & Win ticket that is a win-win for both the Top Prize winner and their registered B.C. charity of choice.
The Greater Good Giveaway ticket offers a Top Prize of $10,000 for the winner and $10,000 for their registered charity of choice, selected from a list of British Columbia charities on CanadaHelps.
Thomas D’Cruz from Richmond is the first Top Prize winner for Greater Good Giveaway. D’Cruz selected the B.C. Children’s Hospital Foundation to receive the $10,000 charity prize, sharing that he “wanted to help children.” The winning ticket was purchased at Walmart on Alderbridge Way in Richmond.
There are over 12,000 registered B.C. charities on CanadaHelps for Top Prize winners to select from that support a variety of different causes, including arts and culture, education, social services and more.
“At BCLC, we believe that when we share the wins, we feel more connected to each other, our communities and our province,” says Natasha Questel, BCLC Chief Social Purpose Officer and Vice President of Marketing. “Our players have shared that they are interested in different types of prizing that go beyond a dollar amount, so as we celebrate our 40th anniversary we’re thrilled to launch the Greater Good Giveaway – a ticket that allows our players the chance to support causes that resonate deeply with them, and aligns strongly with our social purpose – to generate win-wins for the greater good.”
Greater Good Giveaway tickets are $2 each and are available for purchase at lottery retailers across the province. For full details on the Greater Good Giveaway ticket, including how to play, please visit our website.
In 2024, B.C. lottery players have redeemed more than $137 million in winnings from Scratch & Win.
Since 1985, BCLC has delivered more than $29 billion to the provincial government to support communities, provincial programs and services, charities and major events that have helped shape B.C.
The post BCLC Celebrates its 40th Anniversary With New Scratch & Win that Lets Winners Give Back appeared first on Gaming and Gambling Industry in the Americas.
-
Balkans6 days agoEGT’s high-potential novelties to fascinate operators and players at Belgrade Future Gaming 2025
-
Uncategorized6 days agoGolden Boomerang Awards 2025: AC Milan Legend Andrea Pirlo Presented the Awards at the Ceremony at Iconic San Siro Stadium
-
Balkans6 days ago
SYNOT Enters the Bulgarian Market
-
Baltics6 days ago
CT Interactive Expands Presence in Lithuania with New Game Certifications
-
Balkans6 days ago
EGT Digital at Belgrade Future Gaming 2025: Get ready to be fascinated
-
Compliance Updates6 days ago
UKGC Publishes Update on Financial Risk Assessments Pilot
-
Compliance Updates6 days ago
Irish Politician Philip McGuigan Calls for Urgent Action on Gambling Harm Treatment
-
Baltics7 days ago
Retention, Recognition & Real Results: How NuxGame Powers the Future of iGaming
