Technological developments such as cryptocurrencies, artificial intelligence, augmented reality, virtual reality, and development in security features are enabling online casinos to augment their offerings. Technology has also enabled the development of rich interfaces that are closer to the real world, making even professional gamblers to embrace online casinos.
Online casino gaming constitutes the major driver of growth in the market. Casino gaming, as part of the commercial gambling market, continues to grow in popularity driven by the development of new destinations and rising prominence on online gambling/casino platforms.ĭynamics of the casino gaming industry are closely linked to the health of the economy, employment levels, and discretionary incomes of people, all which determine the spending levels of casinos market. Global Casinos Market to Reach $153.2 Billion by 2026Īmid the COVID-19 crisis, the global market for Casinos estimated at US$123.4 Billion in the year 2020, is projected to reach a revised size of US$153.2 Billion by 2026, growing at a CAGR of 3.7% over the analysis period.Ĭasino gaming industry over the years been a main source of entertainment for people in several countries, and is governed by strict government regulations. Dublin, Ma(GLOBE NEWSWIRE) - The 'Casinos - Global Market Trajectory & Analytics' report has been added to 's offering.