Casino market projected to grow by $123 billion

A new market analysis projects that the casino market worldwide will grow by US$126.3 billion by 2025.

Ireland.- Casino markets all around the world are expected to grow by US$126.3 billion by 2025. This is according to the “Casinos: Worldwide Market Analysis, Trends and Forecasts” from ResearchAndMarkets.com.

Gambling machines shows the potential to grow at over 10.5%. “Poised to reach over US$125.9 Billion by the year 2025, gambling machines will bring in healthy gains adding significant momentum to global growth,” reads the report. “The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.”

“Representing the developed world, the United States will maintain an 11.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$5.7 Billion to the region’s size and clout in the next 5 to 6 years. Over US$5.9 Billion worth of projected demand in the region will come from the rest of the European markets.”

“In Japan, gambling machines will reach a market size of US$9.5 Billion by the close of the analysis period. As the world’s second-largest economy and the new game-changer in global markets, China exhibits the potential to grow at 9.5% over the next couple of years and add approximately US$21.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.”