Casino Gambling Market Size and Share

Casino Gambling Market (2026 - 2031)
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Casino Gambling Market Analysis by Mordor Intelligence

The global casino gambling market size is USD 359.32 billion in 2026 and is projected to reach USD 624.04 billion by 2031, reflecting an 11.67% CAGR during the forecast period. Operators continue to pivot from VIP-heavy models toward premium-mass and mass-market channels that capture more stable spend through integrated resort formats that combine gaming with hotels, MICE, retail, and entertainment. Product dynamics are shifting as live dealer content grows faster than legacy RNG formats, supported by studio investments and marquee collaborations that stream from iconic properties to elevate authenticity. Regional growth is strongest in Asia-Pacific, where Macau and Singapore anchor recovery, while selective greenfield projects in the Middle East set a new frontier for destination resorts that link gaming with high-end hospitality[1]Source: Macau Gaming Inspection and Coordination Bureau, “Gross Gaming Revenue Statistics,” DICJ, dicj.gov.mo. Competitive positioning favors a balance between on-property experiences and connected digital ecosystems that unify loyalty, payments, and compliance across touchpoints to protect share in the casino gambling market.

Key Report Takeaways

  • By game type, slots held 52.76% of the casino gambling market share in 2025, while live casino gaming is projected to expand at an 11.83% CAGR through 2031.  
  • By facility format, integrated resort casinos accounted for 47.39% of the casino gambling market share in 2025, while cruise-ship facilities are forecast to grow at a 10.76% CAGR between 2026 and 2031.  
  • By ownership model, commercial operators captured 61.74% of revenue in 2025, while tribal and indigenous casinos in the United States are projected to grow at a 9.39% CAGR from 2026 to 2031.  
  • By geography, Asia-Pacific contributed 38.38% of 2025 revenue, while the Middle East and Africa segment is forecast to grow at an 8.39% CAGR to 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Game Type: Live Casino Gains Ground Despite Slots’ Dominance

Slots held 52.76% of revenue in 2025, underscoring the core role of high-velocity, low-labor formats that anchor floor productivity in the casino gambling market. Live dealer content is expanding at an 11.83% CAGR through 2031 as players seek dealer-led authenticity that elevates engagement beyond RNG outcomes. Major suppliers advance differentiated pipelines, with studio launches and high-limit tables that target premium-mass and VIP cohorts with tailored experiences. Baccarat’s large share in Macau validates the centrality of table games in certain hubs even as mass-market dynamics reshape the mix. These shifts support a balanced product strategy that aligns with changing preferences and the omnichannel direction of the casino gambling market.

The pipeline for live titles expanded, with leading studios and operator-branded streams building new reasons to play and stay within connected ecosystems. Select premium properties stream branded roulette and baccarat from iconic venues, merging destination appeal with digital reach across jurisdictions. The casino gambling market size for live dealer content scales alongside network effects from distribution, creator partnerships, and on-property cross-promotion that lifts take-rates. Equipment suppliers broaden portfolios to include multi-game cabinets and features that introduce choice and skill elements without breaking regulatory thresholds. Competitive gaming and esports activations create adjacent engagement vectors that support table game awareness and cohort expansion for the casino gambling industry.

Casino Gambling Market: Market Share by Game Type
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By Facility Format: Cruise Ships Sail Past Growth Expectations

Integrated resort casinos commanded 47.39% of facility-format revenue in 2025, led by assets that pair gaming with hotels, retail, dining, entertainment, and major conference capacity in the casino gambling market. Cruise ships are set for a 10.76% CAGR from 2026 to 2031 as major lines reconfigure decks to deliver dedicated gaming zones with cashless payment pathways and broad content libraries. Cruise itineraries monetize captive demand and present new loyalty tie-ins that can convert land-based premium-mass players to sea-based premium cohorts. Regional casinos keep their role in drive-to markets by optimizing slots and promotions for repeat play, which complements destination resort demand cycles. This portfolio-wide diversification reinforces revenue stability and reach within the casino gambling market.

Cruise operators are adopting premium table pits, high-limit rooms, and live-dealer integrations to align with top land-based resort standards. The casino gambling market size benefits as cruise brands invest in product depth and loyalty reciprocity that translate into booking propensity and onboard spend. Land-based leaders maintain an edge in MICE-led destination travel by anchoring events, concerts, and culinary experiences that extend stays and boost per-visit spend. Regional and locals-focused properties leverage lower labor intensity and proximity to neighborhoods to sustain cash flow even in softer macro periods for long-haul travel. The combined effect is a broader network where formats bolster one another and preserve footprint relevance in the casino gambling industry.

Casino Gambling Market: Market Share by Facility Format
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By Ownership Structure: Tribal Casinos Leverage Sovereignty Edge

Commercial operators held 61.74% of 2025 revenue, led by scaled portfolios with strong brands, loyalty reach, and diversified geography in the casino gambling market. Tribal and indigenous casinos in the United States are projected to grow at a 9.39% CAGR from 2026 to 2031, leveraging sovereign frameworks to accelerate innovation and manage compliance efficiently. Tribal gaming revenue reached USD 43.9 billion in FY 2024, which reflects resilience and continued reinvestment into property upgrades and new amenities. Partnerships that combine tribal governance with global operating expertise deliver world-class assets that compete effectively with commercial resorts. This balance sustains optionality for players and strengthens ecosystem depth in the casino gambling market.

Tribal properties advance cashless play, biometric authentication pilots, and integrated loyalty ties across retail and hospitality, supporting data-driven offers and engagement. Commercial portfolios continue to scale omnichannel links between on-property and digital betting to defend share, lift cross-sell, and improve yield. The casino gambling industry sees both ownership groups investing in technology, privacy, and fraud controls to protect customer trust and regulatory standing. Regional diversity mitigates volatility from tax or policy shifts by balancing exposure across multiple regimes and demand drivers. Together, this mix enhances stability and supports multi-year planning for capex and workforce development in the casino gambling market.

Geography Analysis

Asia-Pacific accounted for 38.38% of 2025 revenue, with Macau’s 2024 gross gaming revenue at USD 28.35 billion, as the market matured toward mass and premium mass. Singapore maintained high occupancy and record property-level performance at Marina Bay Sands, supported by a three-year license extension aligned with future expansion. Japan’s Osaka IR is advancing with significant capital and visitation goals that place it among the region’s most anticipated future destination hubs in the casino gambling market. Manila’s Entertainment City continues to see strong mass-market metrics, while project schedules can shift in response to construction and financing factors. South Korea balances foreigner-only venues with a single domestic-access property that is executing approved expansions to enhance its offer.

North America blends destination and regional footprints, with Strip properties recalibrating price and value in 2025 while regional properties deliver steadier results through drive-to demand. Tribal gaming contributes a large and structurally resilient revenue base that supports modernization of payments, loyalty, and security. Europe’s regulatory environment continues to evolve, with the United Kingdom enhancing responsible-gaming controls and design rules for remote slots to reduce harm. Suppliers with strong compliance capabilities and pan-European studio infrastructure lead live-dealer distribution and platform integrations across regulated markets. These conditions foster competitive intensity and encourage omnichannel strategies that protect share in the casino gambling market.

The Middle East and Africa are an emerging growth node, led by Wynn Al Marjan Island’s 2027 opening with scaled rooms, VVIP access, and a large gaming floor anchored to a broader luxury destination vision. Ras Al Khaimah’s master developer has also signaled potential for a second integrated resort parcel to build a cluster effect over time. South Africa shows a shift in spending toward online betting, guiding incumbent operators to invest in digital capabilities and advocate for tax harmonization. South America’s path features Brazil’s 2025 regulated online framework with identity and reserve requirements that set high entry bars but open access to a large addressable market. These developments expand the long-term map for participation and add new corridors of demand to the casino gambling market.

Casino Gambling Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The top five land-based operators collectively hold around the low-to-mid, while a long tail of regional commercial properties and a large tribal sector fragment of the remainder, which aligns with moderate-to-high concentration without dominance by a single player. Global leaders include Las Vegas Sands, MGM Resorts, Caesars Entertainment, Wynn Resorts, Galaxy Entertainment, Melco Resorts, Genting, SJM Holdings, Crown Resorts, and Hard Rock, with the balance held by regional commercial and tribal properties in the casino gambling market. The competitive focus spans geographic expansion, omnichannel integration, and non-gaming monetization that multiplies per-visitor spend across hotels, retail, dining, and MICE. Online platforms add pressure on brick-and-mortar visitation, which accelerates unified loyalty programs that reward cross-channel play. The casino gambling market rewards players who build robust data systems, streamline payments, and enhance content variety at scale to raise conversion and retention. Operators with capital, brand depth, and execution discipline maintain a durable edge as policy and technology continue to evolve.

Strategic moves include Osaka IR development through a joint venture that matches local market expertise with global operating experience and capital base. In the UAE, Wynn partners with local developers to align real estate, planning, and regulatory pathways for the first Gulf integrated resort. Omnichannel growth strategies integrate mobile sportsbooks and digital casinos with on-property rewards that unify wallets, access, and status tiers. Technology differentiation includes RFID, computer vision, and dynamic marketing that refine table hold, automate AML tasks, and personalize offers in real time. These programs help reduce leakage to pure-play online platforms and maintain attachment to destination experiences in the casino gambling market.

Security, talent, and compliance are key execution arenas that influence cost, agility, and brand trust in the casino gambling market. Cyber readiness is a visible priority due to elevated risk across loyalty databases, third-party integrations, and cross-border data flows. Responsible-gaming enhancements continue across markets that link license terms to protection outcomes and transparent reporting. Workforce development includes dealer training pipelines, flexible scheduling, and retention programs to stabilize staffing in tight labor pools. Execution on these fronts underpins long-term share capture and resilience for the casino gambling market.

Casino Gambling Industry Leaders

  1. Las Vegas Sands Corp.

  2. MGM Resorts International

  3. Caesars Entertainment Inc.

  4. Galaxy Entertainment Group

  5. Genting Berhad

  6. *Disclaimer: Major Players sorted in no particular order
Casino Gambling Market Concentration
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Recent Industry Developments

  • January 2026: Macau concessionaires finalized the closure of 11 satellite casinos by end-2025 to consolidate operations under primary properties under revised law requirements.
  • October 2025: Royal Caribbean announced its July 2026 debut for Legend of the Seas with a two-story Casino Royale and expanded table and slot capacity.
  • April 2025: MGM Resorts and ORIX commenced main construction on Osaka’s integrated resort with USD 958.80 billion investment, targeting an autumn 2030 opening and 20 million annual visitors.
  • January 2025: Brazil launched regulated online gambling with licensing fees, identity verification, and reserve requirements under Law No. 14,790/2023.

Table of Contents for Casino Gambling Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Integrated-resort visitation uplift
    • 4.2.2 Regulatory expansion in Asia-Pacific
    • 4.2.3 Post-COVID air-capacity rebound
    • 4.2.4 Cashless RFID analytics adoption
    • 4.2.5 High-net-worth tourism in GCC
    • 4.2.6 Skill-based table variants
  • 4.3 Market Restraints
    • 4.3.1 Tax-rate escalation
    • 4.3.2 Responsible-gaming tightening
    • 4.3.3 Dealer-talent shortages
    • 4.3.4 Loyalty-data cyber-risk
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Threat of Substitutes
    • 4.7.3 Buyer Bargaining Power
    • 4.7.4 Supplier Bargaining Power
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts

  • 5.1 By Game Type
    • 5.1.1 Live Casino
    • 5.1.2 Baccarat
    • 5.1.3 Blackjack
    • 5.1.4 Poker
    • 5.1.5 Slots
    • 5.1.6 Other Casino Games
  • 5.2 By Facility Format
    • 5.2.1 Integrated Resort Casinos
    • 5.2.2 Standalone Land-based Casinos
    • 5.2.3 Riverboat Casinos
    • 5.2.4 Cruise Ship Casinos
    • 5.2.5 Racinos
  • 5.3 By Ownership Structure
    • 5.3.1 Commercial
    • 5.3.2 Tribal/Indigenous
    • 5.3.3 State-run
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 Canada
    • 5.4.1.2 United States
    • 5.4.1.3 Mexico
    • 5.4.2 South America
    • 5.4.2.1 Brazil
    • 5.4.2.2 Peru
    • 5.4.2.3 Chile
    • 5.4.2.4 Argentina
    • 5.4.2.5 Rest of South America
    • 5.4.3 Europe
    • 5.4.3.1 United Kingdom
    • 5.4.3.2 Germany
    • 5.4.3.3 France
    • 5.4.3.4 Spain
    • 5.4.3.5 Italy
    • 5.4.3.6 BENELUX (Belgium, Netherlands, Luxembourg)
    • 5.4.3.7 NORDICS (Denmark, Finland, Iceland, Norway, Sweden)
    • 5.4.3.8 Rest of Europe
    • 5.4.4 Asia-Pacific
    • 5.4.4.1 India
    • 5.4.4.2 China
    • 5.4.4.3 Japan
    • 5.4.4.4 Australia
    • 5.4.4.5 South Korea
    • 5.4.4.6 South East Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Philippines)
    • 5.4.4.7 Rest of Asia-Pacific
    • 5.4.5 Middle East & Africa
    • 5.4.5.1 United Arab Emirates
    • 5.4.5.2 Saudi Arabia
    • 5.4.5.3 South Africa
    • 5.4.5.4 Nigeria
    • 5.4.5.5 Rest of Middle East & Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market-level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.4.1 Las Vegas Sands Corp.
    • 6.4.2 MGM Resorts International
    • 6.4.3 Caesars Entertainment Inc.
    • 6.4.4 Wynn Resorts Ltd.
    • 6.4.5 Galaxy Entertainment Group
    • 6.4.6 Melco Resorts & Entertainment
    • 6.4.7 Genting Berhad
    • 6.4.8 SJM Holdings Ltd.
    • 6.4.9 Crown Resorts Ltd.
    • 6.4.10 Hard Rock International
    • 6.4.11 Penn Entertainment Inc.
    • 6.4.12 Boyd Gaming Corp.
    • 6.4.13 Sun International Ltd.
    • 6.4.14 NagaCorp Ltd.
    • 6.4.15 Bloomberry Resorts Corp.
    • 6.4.16 Rush Street Gaming
    • 6.4.17 Churchill Downs Inc.
    • 6.4.18 Red Rock Resorts
    • 6.4.19 Mohegan Gaming & Entertainment
    • 6.4.20 Full House Resorts Inc.

7. Market Opportunities & Future Outlook

  • 7.1 Convergence of esports arenas within casino floors
  • 7.2 Cashless digital wallets for AML-ready play
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Global Casino Gambling Market Report Scope

Customers gamble by playing games of chance, sometimes with an element of skill, such as craps, roulette, baccarat, blackjack, and video poker. Most games have mathematically determined odds that ensure the house has an advantage over the players.

The casino gambling market is segmented by game type, facility format, ownership structure, and geography. By game type, the market is segmented into live casino, baccarat, blackjack, poker, slots, and other casino games. By facility format, the market is segmented into integrated resort casinos, standalone land-based casinos, riverboat casinos, cruise ship casinos, and racinos. By ownership structure, the market is segmented into commercial, tribal/indigenous, and state-run. By geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. The report offers market size and value (USD) during the forecast period for the above segments.

By Game Type
Live Casino
Baccarat
Blackjack
Poker
Slots
Other Casino Games
By Facility Format
Integrated Resort Casinos
Standalone Land-based Casinos
Riverboat Casinos
Cruise Ship Casinos
Racinos
By Ownership Structure
Commercial
Tribal/Indigenous
State-run
By Geography
North AmericaCanada
United States
Mexico
South AmericaBrazil
Peru
Chile
Argentina
Rest of South America
EuropeUnited Kingdom
Germany
France
Spain
Italy
BENELUX (Belgium, Netherlands, Luxembourg)
NORDICS (Denmark, Finland, Iceland, Norway, Sweden)
Rest of Europe
Asia-PacificIndia
China
Japan
Australia
South Korea
South East Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Philippines)
Rest of Asia-Pacific
Middle East & AfricaUnited Arab Emirates
Saudi Arabia
South Africa
Nigeria
Rest of Middle East & Africa
By Game TypeLive Casino
Baccarat
Blackjack
Poker
Slots
Other Casino Games
By Facility FormatIntegrated Resort Casinos
Standalone Land-based Casinos
Riverboat Casinos
Cruise Ship Casinos
Racinos
By Ownership StructureCommercial
Tribal/Indigenous
State-run
By GeographyNorth AmericaCanada
United States
Mexico
South AmericaBrazil
Peru
Chile
Argentina
Rest of South America
EuropeUnited Kingdom
Germany
France
Spain
Italy
BENELUX (Belgium, Netherlands, Luxembourg)
NORDICS (Denmark, Finland, Iceland, Norway, Sweden)
Rest of Europe
Asia-PacificIndia
China
Japan
Australia
South Korea
South East Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Philippines)
Rest of Asia-Pacific
Middle East & AfricaUnited Arab Emirates
Saudi Arabia
South Africa
Nigeria
Rest of Middle East & Africa
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Key Questions Answered in the Report

What is the global casino gambling market growth outlook through 2031?

The global casino gambling market size is USD 359.32 billion in 2026 and is projected to reach USD 624.04 billion by 2031 at an 11.67% CAGR, supported by integrated resorts and omnichannel strategies.

Which product categories are driving change in casino gambling?

Slots remain the largest revenue source, while live dealer gaming is expanding at 11.83% CAGR through 2031, lifted by dealer-led authenticity and premium streaming collaborations.

How are integrated resorts shaping competitive dynamics in casino gambling?

Integrated resorts combine gaming with hotels, retail, dining, entertainment, and MICE to raise per-visitor spend and extend average stays, which stabilizes revenue and widens addressable demand.

Which regions contribute most to global casino gambling revenue today?

Asia-Pacific leads with 38.38% share in 2025, anchored by Macau and Singapore, while the Middle East and Africa are the fastest risers into 2031 due to flagship projects in the Gulf.

What technologies are improving margins and compliance in casino gambling?

RFID, computer vision, and cashless wallets automate AML tasks, improve table hold, and unify loyalty, which raises retention and reduces friction across on-property and digital touchpoints.

How are taxes and responsible-gaming rules affecting casino operators?

Higher tax rates and tighter RG rules increase costs and shape capital decisions, which drives operators to focus on premium-mass, non-gaming diversification, and stronger compliance systems.

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