Market Size of North America Casino Gambling Industry
| 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.
