North America Casino Gambling Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 5.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Casino Gambling Market Analysis
The North American casino gambling market generated a revenue of USD 18.68 billion in the current year and is poised to register a CAGR greater than 5% during the forecast period.
Gambling's rising popularity and the abundance of online gambling platforms are the main factors driving the North American casino gambling market. The United States accounted for most of the market share in North America. The industry is also heavily regulated, with strict laws and regulations governing gambling activities in most countries.
The casino gambling market in North America is expected to grow in the coming years, driven by the increasing popularity of gambling and the rise of online gambling platforms. However, the industry will continue to face challenges related to regulation, competition, and the impact of external factors such as pandemics and economic downturns.
The COVID-19 pandemic significantly impacted the casino gambling industry, with many land-based casinos forced to shut down or operate at reduced capacity. However, online gambling platforms experienced a surge in demand as people looked for alternative ways to gamble from their homes. Post-COVID-19 online casino gambling is dominating the market by registering higher penetration among users in North America.
North America Casino Gambling Market Trends
Online Sector is Dominating the North America Casino Gambling Market
As more people use the internet and internet-connected devices like smartphones and tablets, the market for online gambling in North America is growing rapidly. This is because people will be able to use gambling websites whenever they want. Because of changes in technology, like better graphics and more storage space, most people can now gamble on their cell phones. Digitization has made online gambling more acceptable, which is expected to help the market grow. The market is expected to grow because game-focused cell phones are available at cheaper prices and are sold faster.
The online gambling market in North America is growing thanks to improvements in electricity, phone lines, and internet connections. As online gambling keeps growing and games like online casinos become more popular, online casinos have become very competitive and have become a big part of North American society and the economy. North American online casinos are becoming more popular. When it comes to internet roulette, blackjack, or online slots, North Americans can choose among various internationally acknowledged web platforms and the best American casino online operators registered in the region. The major online casino platforms stand out from the plethora of gambling options available to Americans by being secure and convenient for local gamblers to use. Jackpot City, Mucho Vegas, DraftKing, and Dunder are among the top North American online casinos.
Canada is Propelling the North America Casino Gambling Market
The Canada Commission oversees the industry as a whole in Canada, offering information and responding to any serious issues that arise. Laws pertaining to casinos, online gaming, sports betting, and other similar activities are enacted and enforced by individual provinces. It has been observed that most people in Canada gamble in some form, whether it be charitable gambling, online poker, or any number of other options. Participation in some provinces, like Nova Scotia and Saskatchewan, is higher than in other places. During the forecast years, mergers and acquisitions are among the key techniques anticipated to be used in the Canadian market. The current government-owned Ontario Lottery and Gaming Corporation (OLG), which offers casino gambling, is planning to coexist with new betting companies operating in Ontario in the future.
Moreover, Canadians are looking forward to a fully operational licensed online casino where they can bet on their favorite games. Moreover, Canadians prefer casino games and sports betting games, and they look out for United States-based sporting events, like the NBA, NFL, and MLB, to name a few. Furthermore, Canadians often opt to buy tickets or place bets at popular stores like Caliente. Additionally, gamers in the country are often considered digital natives and are generally considered to rely heavily on technology. They also have certain expectations and preferences when it comes to online content and services. Nine out of ten bets are placed via apps, and this factor provided huge potential for the market during the study period. Sports betting, like football, bullfighting, horse racing, e-sports, and others, has emerged as the most popular online gambling type among the locals in Canada.
North America Casino Gambling Industry Overview
The North American casino gambling market is highly fragmented and comprises regional and global players such as 888 Holdings PLC, MGM Resorts International (Borgata Hotel Casino & Spa), Caesars Entertainment Corporation, DraftKings (Golden Nugget), and Flutter Entertainment PLC, among others. Major players are focusing on mergers and acquisitions to expand their presence in the regional market and to enhance their brand portfolio to cater to the various preferences of consumers. Merger and acquisition is the most preferred strategy in the casino gambling market.
North America Casino Gambling Market Leaders
888 Holding PLC
DraftKings (Golden Nugget
MGM Resorts International (Borgata Hotel Casino & Spa)
Flutter Entertainment PLC
Caesars Entertainment Corporation
*Disclaimer: Major Players sorted in no particular order
North America Casino Gambling Market News
- October 2023: Merkur, a casino games developer and subsidiary of The Gauselmann Group, entered into an agreement with Gaming Arts. The collaboration will likely focus on the development and supply of casino games for casinos across North America.
- August 2023: Golden Nugget Online Gaming has launched its online and mobile casino in Pennsylvania. The Golden Nugget Online Gaming casino app, powered by DraftKings technology, includes more than 500 slots and classic table games.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Internet Penetration is Driving the Market
4.3 Market Restraints
4.3.1 Government Regulations are Restraining the Market
4.4 Market Opportunities
4.4.1 Technological Advancements will Create Opportunities to New Entrants
4.4.2 Legalization of Gambling in New Regions is Creating Opportunities to New Entrants
4.5 Insights on Technological Innovations in the Market
4.6 Insights on Industry Policies and Government Regulations on the North America Casino Gambling Market
4.7 Industry Attractiveness: Porter's Five Forces Analysis
4.7.1 Bargaining Power of Suppliers
4.7.2 Bargaining Power of Buyers
4.7.3 Threat of New Entrants
4.7.4 Threat of Substitutes
4.7.5 Intensity of Competitive Rivalry
4.8 Impact of COVID 19 on the Market
5. MARKET SEGMENTATION
5.1 By 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 Others Types
5.2 By Geography
5.2.1 United States
5.2.2 Canada
5.2.3 Rest of North America
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 888 Holding PLC
6.2.2 DraftKings (Golden Nugget)
6.2.3 MGM Resorts International (Borgata Hotel Casino & Spa)
6.2.4 Flutter Entertainment PLC
6.2.5 Caesars Entertainment Corporation
6.2.6 Wild Casino
6.2.7 El Royale Casino
6.2.8 Slots Empire Casino
6.2.9 The Stars Group Inc
6.2.10 BoVegas
6.2.11 Cherry Gold Casino
6.2.12 Las Vegas Sands
6.2.13 Evolution Gaming
6.2.14 Aristocrat*
- *List Not Exhaustive
7. MARKET FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
North America Casino Gambling Industry Segmentation
A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shops, cruise ships, and other tourist attractions. This report aims to provide a detailed analysis of the North American 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 North American casino gambling market is segmented by type (live casino, baccarat, blackjack, poker, slots, and other casino games) and by geography (USA, Canada, and the rest of North America).
The report offers market size and values in USD during the forecast period for the above segments.
| By Type | |
| Live Casino | |
| Baccarat | |
| Blackjack | |
| Poker | |
| Slots | |
| Others Types |
| By Geography | |
| United States | |
| Canada | |
| Rest of North America |
Frequently Asked Questions
What is the current North America Casino Gambling Market size?
The North America Casino Gambling Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in North America Casino Gambling Market?
888 Holding PLC, DraftKings (Golden Nugget, MGM Resorts International (Borgata Hotel Casino & Spa), Flutter Entertainment PLC and Caesars Entertainment Corporation are the major companies operating in the North America Casino Gambling Market.
What years does this North America Casino Gambling Market cover?
The report covers the North America Casino Gambling Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the North America Casino Gambling Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Casino Gambling Industry Report
Statistics for the 2024 North America Casino Gambling market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Casino Gambling analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
