Canada

Casino Market to Touch USD 480 Million at 7% CAGR by 2026 – Report by Market Research Future (MRFR)

Published

4 years ago

August 18, 2021

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:

European Gaming Congress 2024 (Warsaw, Poland)

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.

AGCO

INCENTIVE GAMES SECURES ONTARIO GAMING LICENSE

Published

1 day ago

August 4, 2025

GamingAmericas.com

incentive-games-secures-ontario-gaming-license

Incentive Games, a leading B2B games provider, is proud to announce that it has been awarded an Ontario Gaming License by the Alcohol and Gaming Commission of Ontario (AGCO), effective today. This achievement enables the company to offer its portfolio of real-money games to licensed operators and players across the province.

The license underscores the Incentive Games’ commitment to meeting the highest standards of compliance, security, and operational excellence. The rigorous application process demands robust security protocols and comprehensive responsible gaming measures and affirms the company’s readiness to enter one of Canada’s most dynamic iGaming markets.

The North American market is a strategic focus for Incentive Games, and this milestone follows closely on the heels of the company receiving its Provisional Michigan gaming licence from the Michigan Gaming Control Board earlier this month.

Incentive Games will distribute its real-money gaming content in Ontario through Incentive Studios, the company’s dedicated Real-Money Gaming division, ensuring a focused and tailored approach to the market.

“Ontario represents a huge opportunity for us, and securing this license is a proud moment for the whole team,” said John Gordon, Chief Executive Officer at Incentive Games. “It reinforces our dedication to meeting the highest standards while delivering compelling real-money content. We’re looking forward to building strong relationships in the region and continuing our momentum across regulated markets worldwide.”

The post INCENTIVE GAMES SECURES ONTARIO GAMING LICENSE appeared first on Gaming and Gambling Industry in the Americas.

AGLC

AGLC Announces New Board Chair

Published

1 week ago

July 28, 2025

GamingAmericas.com

Alberta Gaming, Liquor and Cannabis (AGLC) has announced the appointment of Larry Spagnolo as the new Board Chair, effective August 15, 2025. This announcement follows the official Order in Council issued by the Alberta Government and marks a new chapter in AGLC’s ongoing commitment to support communities, encourage responsible choices and position Alberta as the best place to do business.

Larry brings a wealth of experience in technology and business leadership to the AGLC Board and will play an integral role in guiding AGLC’s strategic direction. He is currently serving as VP and GM of Emerson’s SaaS SCADA business and has held senior roles at Zedi and Telus, driving innovation, growth, and global success.

A strong advocate for education and community, Larry serves as Vice Chair of Athabasca University’s Board of Governors and has held board roles with NAIT and Polytechnics Canada. He was awarded the King Charles III Coronation Medal for his community contributions.

AGLC and the Board of Directors extend their heartfelt thanks to Len Rhodes for his leadership and dedication as Board Chair since August 2019. He decided not to seek a third term and will continue to serve in this role until August 14, 2025. Len led AGLC through some significant milestones, including reducing red tape by 51%, growth of the emerging cannabis industry and ensuring AGLC delivered a balanced approach to business development, social responsibility, and regulatory oversight.

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Bonus Guardian

Pinnacle Ontario live with CasinoEngine in North America debut

Published

2 weeks ago

July 24, 2025

GamingAmericas.com

pinnacle-ontario-live-with-casinoengine-in-north-america-debut

EveryMatrix has expanded its partnership with tier-1 operator Pinnacle powering its new casino in Ontario, Canada, using CasinoEngine platform technology – the first time its platform solution has gone live in North America.

The latest agreement builds on the two companies’ previous collaboration that saw EveryMatrix’s CasinoEngine productivity platform power the well-known brand’s global casino offering.

The new launch takes the relationship to North America, marking EveryMatrix’s debut CasinoEngine platform integration in that market.

BonusEngine, EveryMatrix’s cross-vertical bonusing tool will be integrated in the second phase of launch. This will equip Pinnacle Ontario with a host of bonus types as well as AI-powered bonus abuse solution Bonus Guardian.

BonusEngine is the first of multiple engagement tools from EveryMatrix’s EngageSuite that Pinnacle plans to integrate.

With this comprehensive toolkit at its disposal, and the opportunity to add even more casino products in the future, Pinnacle Ontario can tailor campaigns, segment audiences, and reward players more effectively, creating a world-class digital entertainment experience for its customers.

EveryMatrix has more than 300 global customers and holds North American licences in Ontario, New Jersey, Michigan, West Virginia, Connecticut and Pennsylvania.

Stian Enger Petersen, CEO, Casino, EveryMatrix, said: “This launch marks a key milestone for EveryMatrix as we bring our market-leading CasinoEngine platform to Canada for the first time.

“We’re delighted to expand our partnership with Pinnacle and support their ambitions in Ontario with a powerful combination of platform, content, and engagement tools that are proven to drive success.”

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