Global casino gaming equipment to grow 15.25% in 2017-2021 period

Many countries, such as Japan, are aiming at legalizing casino gaming because of the growing popularity of gambling and the high revenue contribution from casinos globally.

The market growth is also driven by factors such as the increasing middle-class population and rising disposable income. This rise in demand for gambling games is leading to an increase in the construction of new casino centers across the world. For instance, Marina Bay Sands, which opened in April 2010, generated a revenue of $1.06 billion from the casino in 2010 and more than $2.3 billion in 2015.

Technavio's analysts forecast the global casino gaming equipment market to grow at a CAGR of 15.25% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global casino gaming equipment market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of casino gaming equipment.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Casino Gaming Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.