Global Casino Gaming Equipment Market to Become Worth US$ 22.5 Billion by 2020 and is Projected to Register a CAGR of 5.2% by 2025

MarketResearch.biz announces publication of its most recently generated research report titled, “Global Casino Gaming Equipment Market by Product Type (Gaming Chips, Slot Machines, Casino Tables, Video Poker Machines, and Other), by End User (Casino, Mall, and Other), by Application (New/ Expansion and Replacement) and by Region – Global Forecast to 2025.”, which offers a holistic view of the global casino gaming equipment through systematic segmentation that covers every aspect of the target market. The first four-year cumulative revenue (2017-2020) is projected to be over US$ 22.5 Billion, which is expected to increase considerably over the latter part of the five-year forecast period.

Machines or apparatus used in playing games of casino are the casino gaming equipment’s. Video gaming machines and table games are two primary types of games. The video machines include poker and slot games and table games include roulette, and counting games. Continue reading “Global Casino Gaming Equipment Market to Become Worth US$ 22.5 Billion by 2020 and is Projected to Register a CAGR of 5.2% by 2025”

Global Online Gambling Market Size Worth USD 73.45 Billion By 2024: Hexa Research

The global online gambling market size is anticipated to reach USD 73.45 billion by 2024 owing to rising prevalence gambling across the globe. Technological advancements and addition of new regulations are expected to boost market demand over the forecast period. Furthermore, growing adoption of smartphones and tablets and easy access to online platforms are anticipated to drive the market.

Companies are focusing on developing mobile applications with secure money transfer facilities so that punters can easily place their bets online in real time. For instance, companies such as Bet365 Group Ltd., Paddy Power Betfair plc., and Betsson AB have mobile applications on different platforms such as iOS and Android. Moreover, a number of countries are legalizing gambling with each passing year. For instance, in December 2016, the parliament of Japan passed a law to legalize casinos after holding it for 15 years. Continue reading “Global Online Gambling Market Size Worth USD 73.45 Billion By 2024: Hexa Research”