Casino Gambling Market Size and Share

Casino Gambling Market (2025 - 2030)
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Casino Gambling Market Analysis by Mordor Intelligence

The casino gambling market size stands at USD 315.62 billion in 2025 and is forecast to reach USD 541.09 billion by 2030, translating into a sturdy 11.38% CAGR. Strong pent-up demand for premium destination entertainment, the return of long-haul tourism, and rising discretionary income in emerging economies are the primary levers behind this acceleration. Integrated resorts now out-earn traditional standalone casinos because they extend average guest stays, lift non-gaming spend, and build brand ecosystems that are hard for smaller rivals to replicate. Operators that adopt RFID-enabled cashless payments typically generate 15-20% higher per-patron revenue, underscoring the competitive edge that data-driven personalization confers. At the same time, regulators worldwide are tightening responsible-gaming mandates, pushing compliance costs 25-30% higher but also nudging operators toward technology investments that improve transparency and trust.

Key Report Takeaways

  • By game type, slots led with 49.74% of the casino gambling market share in 2024, while live casino is advancing at a 9.49% CAGR through 2030. 
  • By facility format, integrated resort casinos captured 44.75% of the casino gambling market share in 2024; cruise ship casinos are projected to expand at an 8.38% CAGR to 2030. 
  • By ownership structure, commercial operators held 59.47% of the casino gambling market share in 2024, whereas tribal/indigenous entities recorded the fastest 7.76% CAGR to 2030. 
  • By geography, Asia-Pacific accounted for 34.74% of the casino gambling market share in 2024, and the Middle East & Africa region is forecast to grow at a 6.93% CAGR through 2030. 

Segment Analysis

By Game Type: Live Casino Drives Premium Engagement

Live casino games, with their 9.49% CAGR, tap rising appetite for socially interactive, skill-tinged formats that bridge land-based authenticity and digital convenience. The segment’s growth outpaces Slots, which nevertheless preserved 49.74% of the casino gambling market share in 2024 on the back of ubiquitous floor presence and progressive jackpots that entice casual players. Baccarat and Blackjack revenues track VIP travel patterns in Asia-Pacific; as premium mass tourists return, these tables reclaim floor space lost during COVID-era operational pauses. Poker remains a specialized niche fed by televised tournaments and loyalty-tiered rakeback but faces cannibalization from online cash games. Skill-based hybrids blend arcade mechanics with wagering, drawing millennials who demand agency over outcomes. Operators such as Crystal Cruises brought Monte-Carlo-branded live tables onboard to enhance exclusivity at sea, illustrating how premium branding elevates live play engagement [4]Theresa Norton, “Crystal Cruises to Launch Casino de Monte-Carlo at Sea,” Cruise Hive, cruisehive.com. As jurisdictions approve camera-streamed dealer studios, remote live tables extend property brands beyond physical walls, increasing worldwide addressability for the casino gambling market.

The economics of live casino titles revolve around dealer staffing, high-definition streaming infrastructure, and table-edge fees, which collectively command higher house advantages relative to electronic random-number generators. Platforms that embed side bets, dynamic odds, and social chat replicate the communal energy of brick-and-mortar floors, keeping dwell time high. While millennial cohorts prize transparency, VIPs value bespoke services like preferred dealers and reservation-only tables. Because live streams can scale to unlimited concurrent viewers, marginal cost per extra player approaches zero once the studio is erected, supporting high incremental profit. Regulation remains the gating factor; markets such as France and Germany impose strict localization rules that inhibit cross-border broadcasts, whereas Malta and the Philippines permit global streaming under broad licenses. Over the forecast horizon, Live Casino is positioned to recalibrate content pipelines in the casino gambling market, steadily diluting slot dominance as immersive technology penetrates new demographics.

Casino Gambling Market: Market Share by Game Type
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By Facility Format: Integrated Resorts Reshape Industry Economics

Integrated resort casinos delivered 44.75% of the casino gambling market share in 2024 by weaving gaming floors into mixed-use amenities from Michelin-star dining and convention halls to theme-park rides and luxury malls. These properties distribute revenue across diverse lines, tempering exposure to gaming-tax volatility. Cruise ship casinos, although smaller in absolute size, post the fastest 8.38% CAGR thanks to regulatory arbitrage in international waters and captive passenger economics. Riverboat and racino venues, though regionally entrenched, confront aging infrastructure and competition from newly built land-based resorts. Standalone urban casinos hold local patron bases but struggle to match the experiential depth of integrated rivals, accelerating capex cycles that strain balance sheets. 

Cruise operators such as Royal Caribbean introduced non-smoking casino zones and upgraded slot densities to appeal to both health-conscious and premium guests. Their ability to reposition ships seasonally lets them trail demand peaks across hemispheres, a strategic flexibility absent in landlocked counterparts. Onshore, integrated resorts reinforce market gravity by anchoring air routes, prompting airline-hotel-casino joint promotions that enhance occupancy in shoulder seasons. The result is a virtuous loop in which resort scale attracts events, events fill rooms, and room occupancy feeds gaming floors, yielding superior asset turnover. Operators that master this loop secure pricing power, making integrated resort assets the marquee growth vector within the casino gambling market.

Casino Gambling Market: Market Share by Facility Format
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By Ownership Structure: Tribal Gaming Gains Momentum

Commercial enterprises retained 59.47% of the casino gambling market share in 2024, leveraging public-market funding and multinational footprints to drive flagship property builds. Yet tribal/indigenous entities clock the highest 7.76% CAGR, capitalizing on sovereign status to pioneer mobile sports betting and cashless payments ahead of regulatory clearance in commercial jurisdictions. Hard Rock’s USD 600 million Tejon project in California shows how tribal partnerships align land rights with global brand know-how, amplifying guest pull. State-run venues, once dominant in Europe, are constrained by public-sector capital budgets and civil-service procurement timelines that lag private competitors. 

Sovereign immunity lets tribal operators fast-track innovative loyalty programs untethered from conventional banking networks, thereby gathering first-party data at scale. These insights empower dynamic comping strategies that increase trip frequency among high-value patrons. Because tribal properties often reside on tax-exempt land, they can redirect savings into amenity expansions, tilting share gains in their favor within the casino gambling market. Additional legal recognitions, such as US federal approval for new tribal compacts, widen the pipeline for greenfield developments, cementing tribal gaming as a structural growth pillar through 2030.

Geography Analysis

Asia-Pacific maintains its position as the largest regional market with 34.74% share in 2024, driven by Macau's post-pandemic recovery and emerging integrated resort developments across Southeast Asia. The region's growth dynamics reflect China's gradual tourism normalization, with mainland visitor arrivals to Macau approaching pre-2019 levels while spending patterns shift toward premium mass gaming over traditional VIP credit-based play. Japan's integrated resort framework advances through regulatory approval processes, with Osaka's USD 7.4 billion (JPY 1.1 trillion) project representing the region's most significant market expansion opportunity. South Korea's foreigner-only casinos benefit from renewed Chinese tourism and favourable exchange rates that make Korean destinations more attractive than traditional Macau alternatives. The Philippines continues expanding its Entertainment City concept beyond Manila Bay, while Vietnam and Thailand evaluate regulatory frameworks that could unlock substantial market opportunities through the forecast period.

The Middle East & Africa, growing at a 6.93% CAGR, emerges as the frontier arena for resort-grade investments. Abu Dhabi and Dubai weigh gambling legislation in quest of diversified tourist receipts, signalling the GCC’s readiness to emulate Las Vegas-style entertainment clusters. South Africa maintains continental leadership, yet Nigeria’s expanding middle class is nurturing localized gaming hubs tied to hotel developments. Countries with heritage tourism assets, such as Egypt, may ratify controlled gaming zones to monetize visitor nights, potentially adding another lane of acceleration for the casino gambling market. North America and Europe exhibit steady, technology-led progression rather than explosive volume jumps. In North America, sports-betting combined efforts and tribal expansion replenish growth vectors for mature states, while Canada debates single-event wagering open-license frameworks. Europe’s fragmented compliance ecosystem forces operators to master multi-jurisdiction licensing, but upcoming online-casino legalization in France could contribute EUR 748 million-1.5 billion in annual tax inflows, staunching illegal offshore play. These incremental openings keep the casino gambling market on a disciplined upward glide path, anchored more in yield optimization than in breathtaking expansion.

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

The casino gambling market shows moderate fragmentation, with the top five operators controlling a significant share, signalling strong opportunities for consolidation. Smaller regional operators are under pressure due to rising capital requirements for integrated resort development and technological upgrades. Leading firms like Las Vegas Sands and MGM Resorts International use their expertise in integrated resorts to expand in emerging APAC markets. Meanwhile, Caesars Entertainment focuses on strengthening its domestic footprint through loyalty program enhancements and the growth of sports betting. The competitive landscape increasingly favours companies that offer comprehensive entertainment experiences, creating entry barriers for new players and pushing smaller operators toward niche strategies or acquisition.

Technological innovation plays a key role in shaping competitive advantages within the industry. Operators investing in RFID analytics and cashless payment systems report 15–20% higher per-patron revenue compared to traditional, cash-based models. The recent IGT-Everi merger, valued at USD 6.2 billion and later acquired by Apollo Global Management for USD 6.3 billion, highlights private equity’s growing interest in gaming tech consolidation. This trend may significantly alter supplier dynamics across the industry. As tech evolves, emerging disruptors focus on mobile integration and skill-based games designed to attract younger, tech-savvy audiences.

Established operators continue to benefit from their scale and deep regulatory relationships, enabling them to maintain dominant positions in the face of new market entrants. White-space opportunities remain in jurisdictions where tribal operators benefit from favourable regulations or where international expansion requires forming local alliances. These strategic partnerships offer mutual benefits for both established firms and emerging players. In such markets, navigating complex regulatory environments becomes a key differentiator. Ultimately, long-term success will depend on balancing operational scale, technological innovation, and adaptability to shifting consumer preferences.

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 2025: Koi Nation received federal approval for the USD 600 million Shiloh Resort & Casino project in Sonoma County, California, featuring 2,500 slot machines and 400-room hotel despite opposition from multiple tribal groups and state government.
  • January 2025: Pascua Yaqui Tribe broke ground on a new Casino Del Sol location in Tucson with 172,000 square feet total space and 1,000 projected jobs, scheduled to open in 2026 following land trust approval under the Old Pascua Community Land Acquisition Act.
  • December 2024: Grand Island Casino Resort in Nebraska prepared for early 2025 opening with 37,500 square foot casino floor, 750 slot machines, and 162-room hotel, recruiting 150-200 staff members.
  • November 2024: Bally's Corporation received shareholder approval to acquire The Queen Casino & Entertainment Inc. for USD 500 million, adding four properties and expecting combined efforts to drive revenue growth.

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 APAC
    • 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
    • 5.4.3.7 NORDICS
    • 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
    • 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. This report aims to provide a detailed analysis of the casino gambling market. It focuses on the market dynamics, emerging trends in the segments and regional markets, and insights into the various product and application types. Also, it analyzes the key players and the competitive landscape.

The casino gambling market is segmented by type and geography. By type, the market is sub-segmented into live casino, baccarat, blackjack, poker, slots, and other types. By geography, the market is sub-segmented inro 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 America Canada
United States
Mexico
South America Brazil
Peru
Chile
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Spain
Italy
BENELUX
NORDICS
Rest of Europe
Asia-Pacific India
China
Japan
Australia
South Korea
South East Asia
Rest of Asia-Pacific
Middle East & Africa United Arab Emirates
Saudi Arabia
South Africa
Nigeria
Rest of Middle East & Africa
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 America Canada
United States
Mexico
South America Brazil
Peru
Chile
Argentina
Rest of South America
Europe United Kingdom
Germany
France
Spain
Italy
BENELUX
NORDICS
Rest of Europe
Asia-Pacific India
China
Japan
Australia
South Korea
South East Asia
Rest of Asia-Pacific
Middle East & Africa United 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 current size and projected CAGR of the casino gambling market?

The casino gambling market size is USD 315.62 billion in 2025 and is forecast to grow at an 11.38% CAGR to reach USD 541.09 billion by 2030.

Which region holds the largest share in global casino gambling?

Asia-Pacific leads with 34.74% of the casino gambling market share in 2024, propelled by Macau’s recovery and new resort projects across Southeast Asia.

What game type is expanding fastest?

Live Casino is the fastest-growing game type, advancing at a 9.49% CAGR through 2030 due to rising demand for interactive, skill-oriented play.

How are integrated resorts influencing market economics?

Integrated Resort Casinos blend gaming with hotels, retail, and entertainment, capturing 44.75% market share in 2024 and insulating operators from gaming-tax volatility.

Why are cashless RFID systems important for casinos?

RFID-enabled cashless systems boost per-patron revenue by up to 25% and cut compliance costs by automating anti-money-laundering reporting, giving adopters a clear profit edge.

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