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The Casino Management System (CMS) market is impacted by a group of market factors that shape its elements and development. One huge element is the rising digitization of the casino business. As casinos try to upgrade client experience and smooth out tasks, there is a developing interest for cutting edge CMS arrangements. These systems computerize routine undertakings as well as give ongoing information examination, assisting casino administrators with settling on informed choices to enhance their business.
Besides, the developing administrative scene assumes a critical part in molding the CMS market. State run administrations all over the planet are carrying out stricter guidelines on the casino business to guarantee fair play, anticipate illegal tax avoidance, and safeguard customers. Thus, casino administrators are constrained to embrace refined CMS arrangements that agree with these guidelines. This has prompted a flood in the reception of CMS with powerful security elements and consistence modules.
One more key market factor is the rising rivalry among casinos. With the development of the worldwide casino industry, there is a steady requirement for casinos to separate themselves and draw in clients. An element rich CMS is viewed as an essential venture to offer novel administrations, faithfulness programs, and customized encounters. This spirited landscape drives advancement in CMS advances, cultivating the improvement of new functionalities and mix capacities.
Moreover, the rise of on the web and mobile gaming has reshaped the elements of the casino business and, thusly, the CMS market. As additional players participate in web-based betting, there is a developing interest for CMS arrangements that consistently coordinate both on the web and disconnected casino tasks. This combination guarantees a brought together way to deal with client management, dependability programs, and examination, making an all-inclusive perspective on player conduct across different channels. In such situations, casinos might reconsider their spending plans and focus on speculations that improve functional efficiency. On the other hand, during times of monetary development, casinos might have the monetary adaptability to put resources into cutting edge CMS innovations to gain a strategic advantage.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 2.9 Billion |
| Market Size Value In 2023 | USD 3.2 Billion |
| Growth Rate | 13.00% (2023-2032) |
Casino Management System Market Highlights:
Global Casino Management System Market Overview:
Casino Management System Market Size was valued at USD 2.9 Billion in 2022. The Casino Management System market industry is projected to grow from USD 3.2 Billion in 2023 to USD 407.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 13.00% during the forecast period (2023 - 2032). Increased demand for security solutions to monitor and detect suspicious activities in a casino, development in the gaming industry, and rising disposable income in developing nations are the key market drivers enhancing market growth.
The rising adoption of casino management platforms drives market growth exponentially. Besides, the rising need for high-level operation and monitoring of casino businesses boosts the market size. Also, casino management systems' advantages, such as lower management costs with agility, flexibility, and security, accelerate the market demand.
On Jun 2023, Win Systems exhibited its latest technological solutions for casinos at the Peru Gaming Show (PGS) trade event. The showcased solutions include the WIGOS casino management system connecting over 100,000 machines in +400 casinos worldwide. WIGOS features Winup Wallet, allowing players to manage their game balance and access the casino's services from their cell phones.
The company is convinced that these launches will allow it to continue responding to the high demands of the Peruvian market. Peru has always been a strategic market for Win Systems, so the company plans to invest in new and better solutions for casinos in the country.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Casino Management System Market Trends
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Growing demand for security solutions is driving the market growth
Market CAGR for casino management systems is driven by the rising demand for security solutions. With rising concerns about scams and theft, the risk picture for modern-day casinos is changing tremendously. Every day, casinos see many monetary transactions in wide-open locations with several entry and departure points, making comprehensive security difficult. On busy evenings, security staff find it impossible to watch each person’s conduct owing to the enormous number of individuals passing through the doors and exits. To handle casino security, casino management systems may include hardware and software for player tracking, player behavior analysis, money handling, accounting, security and surveillance management, or a combination. Casinos require a highly developed hardware and software infrastructure to monitor operations and ensure a seamless workflow throughout the whole working process. The major objectives are tracking players, examining behavior, and maintaining security and monitoring. These are some crucial tasks that casinos carry out, which greatly increase the market’s potential for growth.
Additionally, the economy's dependence in emerging nations on tourism has aided in the growth of casinos because governments now allow casinos to open up shop to draw a sizable population from outside of their boundaries, which can lead to an optimistic scenario for both the governments and the casinos as they both profit from their mutual acceptance. For Instance: the land-based casino management platform from AXES.ai was designated as a Level One Trusted Blockchain Solution by the Government Blockchain Association (GBA) in April 2023, making it the first blockchain solution compliant with the Blockchain Maturity Model (BMM).
Casino management systems monitor financial transactions, ensure gaming laws are followed, and provide regulatory agencies with accurate data. Therefore, these systems incorporate various technologies, including facial recognition, license plate readers, and other analytics, to aid operators in preventing fraud, theft, and cheating on the gaming club floor. Casino management system providers constantly seek ways to enhance their products and use cutting-edge technologies due, to is anticipated to bring up several profitable prospects for the industry to expand. As a result, it is anticipated that demand for security surveillance will increase throughout the projection period due to the rising casinos in the nations. Thus, driving the Casino Management System market revenue.
Casino Management System Market Segment Insights:
Casino Management System Component Insights
The Casino Management System Market segmentation, based on component, includes video recorders, IP Cameras, DVRs, access control, alarm systems, and PoS terminal. The video recorder segment dominated the market, accounting for the maximum market revenue. Video recording is an outstanding strategy for creating a safe and healthy atmosphere in the gaming business. Most casinos are adopting new generation network and camera equipment, security and surveillance systems that capture and support saving a player’s actions for future reference.
Casino Management System Application Insights
The Casino Management System Market segmentation, based on application, includes tracking, security & surveillance, analytics, monitoring, and human resource. The security & surveillance category generated the most income. Gaming club surveillance systems are made to reduce theft, dishonesty, and other crimes on the gaming club floor and throughout the entire resort. Operators can streamline floor operations using video surveillance technologies to maintain profitability. Over the projected period, improvements in automated security systems are also anticipated to increase demand. Due to the numerous financial transactions in casinos, security and monitoring systems are used more frequently. Companies that provide casino management systems continually seek to improve and integrate new technologies.
- On May 20233, Galaxy Gaming, a leading global developer and distributor of casino table games, launched its next-generation game management system, the Galaxy Operating System (GOS). The new operating system will further enhance the casino game distributor's attractiveness, bonus systems, and technology solutions for the retail and online casino industry, introducing innovative, progressive jackpot options, striking LED sensors, and digital tracking.
Figure 1: Casino Management System Market, by Applications, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Casino Management System Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Casino Management System market area will dominate this market, owing to the diffusion of technology. In addition, the growing casino industry and the presence of big tech companies will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Casino Management System Market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Casino Management System market accounts for the second-largest market share due to the evolving consumer preference, improving social acceptance of gambling and rising disposable income. Further, the German Casino Management System market held the largest market share, and the UK Casino Management System market was the fastest-growing market in the European region.
The Asia-Pacific Casino Management System Market is expected to grow at the fastest CAGR from 2023 to 2032 due to a flexible economic climate, government policies driven by industrialization, and advances in digitalization. Moreover, China’s Casino Management System market held the largest market share, and the Indian Casino Management System market was the fastest-growing market in the Asia-Pacific region.
Casino Management System Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the Casino Management System market, grow even more. Market participants are also undertaking several strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Casino Management System industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Casino Management System industry to benefit clients and increase the market sector. In recent years, the Casino Management System industry has offered some of the most significant advantages to casino security. Major players in the Casino Management System market, including Aerotech Inc. (US), ETEL S.A. (Switzerland), Moog Inc. (US), Beckhoff Automation (Germany), ESR Pollmeier GmbH (Germany), H2W Technologies Inc. (US), Yaskawa Electric Corporation (Japan), Sanyo Denki Co. Ltd. (Japan), Kollmorgen Corporation (US), KML Linear Motion Technology GmbH (Austria), and others, are attempting to increase market demand by investing in research and development operations.
Dallmeier produces and develops its camera and recording systems and all significant software elements at its headquarters in Regensburg, Germany. Modern, GDPR-compliant video surveillance systems are the end product. At the same time, most components are made by businesses that have received Dallmeier certification. For Instance: In December 2022, Dallmeier released the Casino 2.0 information campaign, a thorough education program to simplify casino operations. The goal was to demonstrate how contemporary video technology increases user-friendliness while ensuring more efficiency, higher objective security, and cost savings for casinos.
The Mashantucket Pequot Tribal Nation, a federally renowned American Indian tribe in Connecticut. They own and run Foxwoods Resort Casino on their reservation in Ledyard, Connecticut. The Pequot people were an Algonquian-speaking tribe controlling southern New England coastal regions. For Instance: In November 2022, in conjunction with the rebranding and prelaunch of Foxplay Social Casino, the free-to-play social casino experience offered by Foxwoods Resort Casino, WONDER NATION, the online gaming entertainment firm from the Mashantucket Pequot Tribal Nation, announced the introduction of professional managed services. FoxPlay would be managed by WONDR NATION in collaboration with Ruby Seven Studios, a social casino gaming firm, to maximize revenue and player engagement, guaranteeing that Foxwoods guests can access the best gaming experiences and outstanding social casino offerings.
Key Companies in the Casino Management System market include
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Aerotech Inc. (US)
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ETEL S.A (Switzerland)
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Moog Inc. (US)
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Beckhoff Automation (Germany)
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ESR Pollmeier GmbH (Germany)
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H2W Technologies Inc. (US)
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Yaskawa Electric Corporation (Japan)
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Sanyo Denki Co. Ltd. (Japan)
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Kollmorgen Corporation (US)
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KML Linear Motion Technology GmbH (Austria)
Casino Management System Industry Developments
November 2022: IGT Canada Solutions ULC, a subsidiary of International Game Technology PLC, has announced that it has extended a five-year contract with Loto-Quebec to provide an improved version of its INTELLIGENT video lottery central system software and related components, which includes enhanced network diagnostics and data analytics. Additionally, it supports the Game to System (G2S) standard protocol set forth by the Gaming Standards Association, which enables an improved player user interface, thrilling multi-level mystery jackpots, and better features for responsible gaming, cashless transactions, and extra player-focused functionality.
October 2022: International Game Technology PLC has announced the Wheel of Fortune Slots Zone launch at the OYO Hotel & Casino in Las Vegas. Among the standout game titles are the animated Wheel of Fortune 4D Collector’s Edition and the Wheel of Fortune Cash Link 2 Video slots. The Wheel of Fortune Megatower, the largest IGT cabinet, is also located in this area.
Casino Management System Market Segmentation:
Casino Management System Component Outlook
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Video Recorder
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IP Camera
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DVR
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Access Control
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Alarm Systems
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PoS Terminal
Casino Management System Application Outlook
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Tracking
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Security & Surveillance
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Analytics
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Monitor
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Human Resource
Casino Management System Regional Outlook
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North America
- US
- Canada
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Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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