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Casino Management System Market Is Predicted to Reach US$ 31.6 Billion by 2033: Fact.MR Analysis

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Fact.MR – A Market Research and Competitive Intelligence Provider: The global casino management system market is slated to grow at a prolific CAGR of 13.1% through 2023 & beyond. Growth in the market is predicted to rise on the back of rising online gambling solutions in casinos across the globe. With increasing popularity of leisure activities such as gambling, the demand for casino management systems to manage the cash overflow and reduce criminal activities will drive the demand.

These systems aid the business in handling financial services, cashless ticketing, table slot management, and others. Fraudulent activities in gaming and gambling witnessed an incline of nearly 35% as per the research, especially with license and policy agreement violations. Surging incidence of fraud, cash, and data theft, the casinos are adopting management systems for security and surveillance.

A per Fac.MR, with growing digital development and use of social media & online gambling apps, the fraud attempts across the globe are skyrocketing. Hence, key players are developing casino management systems with high-tech features such as facial recognition and with big data analytics.

Some of these players are also developing systems that have behavioral analytics with bulk of data stored to reduce these cheating practices. On the back of these factors, the analytics segment is expected to record growth at an impressive 16% CAGR through 2033. Further, integration of technology such as natural language processing (NLP), machine learning (ML), and artificial intelligence (AI) will increase the growth in the market.

Regionally, North America is expected to witness remunerative growth opportunities in the casino management system market. Growth in the region is primarily underpinned by growing number of casinos in the U.S. As per the study, sales in North America are expected to expand by 3.2x over the upcoming decade.

Key Takeaways:

  • Over 64% of revenue is expected to be contributed by North America and Europe, collectively, in 2033.
  • Demand for casino management systems in South Asia & Oceania is predicted to burgeon at 17% CAGR during the forecast period.
  • East Asia is expected to witness impressive growth at 16% CAGR over the upcoming decade.
  • The U.S. and Mexico are expected to be the most remunerative countries in the casino management system market.
  • In terms of application, the security & surveillance segment is expected to account for over 25% of sales in the market.

Growth Drivers:

  • Surging need for security and surveillance in casinos and hotels to reduce the criminal activities is expected to drive the demand in the market.
  • Integration of advanced technology such as facial recognition, big data, and artificial intelligence in these systems will propel the growth in the market.
  • Increasing number of casinos in the U.S., Japan, and China will improve the adoption of casino management systems.

Restraints:

  • Growing popularity of online gambling apps and platform might limit the demand in the market.
  • Decline in the revenues of casino and operations due to rising awareness towards obsessive gambling is likely to hamper the sales.
  • Lack of skilled IT professionals and high cost of these systems might impede the growth in the market.

Competitive Landscape:

Key companies profiled in the market are focusing on developing digitally advanced and virtual management systems to gain competitive edge in the market. They are also integrating advanced technologies such as disruptive block chain technology, machine learning, and real-time big data analytics to provide accurate and unique data and gain revenue.

For instance,

  • In April 2022, Acres Manufacturing Company, a global casino loyalty and technology developer, announced the launch of its bonusing platform, Precision Bonusing, compatible with any slot machine which is connected to the company’s casino management system.
  • In May 2022, leading gaming giant International Game Technology PLC announced the launch of its IGT advantage casino management system and partnered with NUSTAR Resort and Casino in Cebu, Philippines.

Key Companies Profiled by Fact.MR

  • Konami Corporation
  • Agilysys Inc.
  • Bally Technologies
  • Casinfo Systems
  • International Game Technology (IGT)
  • LGS (Lodging and Gaming Systems)
  • Micros Systems Inc. (Oracle Corporation)
  • Honeywell International Inc.
  • Next Level Security Systems Inc.
  • Aristocrat Leisure Limited.

More Valuable Insights on Casino Management System Market

In the latest study, Fact.MR offers a detailed study on global casino management system market for the forecast period of 2023 to 2033. This study also highlights key drivers promoting the sales of casino management system through detailed segmentation as follows:

By Application:

  • Security & Surveillance
  • Analytics
  • Accounting & Cash Management
  • Player Tracking
  • Property Management
  • Marketing & Promotions
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Key Questions Covered in the Casino Management System Market Report

  • What will be the projected value of the casino management system market in 2023?
  • At what rate will the global casino management system market grow until 2033?
  • Which are the factors hampering the growth in the casino management system market?
  • Which region is expected to dominate the global casino management system market?
  • Which are the factors driving the casino management system market during the forecast period?
  • Which is the chief application of casino management systems?

Explore Fact.MR’s Coverage on the Technology Domain

Integrated Video Surveillance Systems Market: Increasing application of integrated video surveillance systems in residential and commercial sectors is the key factor driving the demand. These systems are installed in hotels, casino, government organization, banks, and to manage smart cities. These systems help the businesses and organizations to gather information and prevent any criminal activities.

Cash Management System MarketThe global cash management system market is projected to reach US$ 14.18 Billion by 2032, registering a CAGR of 14.5% during the forecast period (2022-2032). Digital cash management technologies aids businesses in creating a safe financial net and provides real-time extensibility of processes while streamlining the business’s activities.

Network Video Recorder (NVR) MarketThe global network video recorder (NVR) market is expected to reach at a value of US$ 11.21 Billion by 2032, registering 13.3% CAGR between 2022 and 2032. Sales of network video recorders accounted for nearly 5.5% of demand share in global video surveillance systems market.

Latest News

The MAC Europe Partner Marketing Conference is back!

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Top market experts, over 2,500 participants, pre- and after-parties until the morning, with an unlimited bar, hookahs, and a headliner that you definitely know.

When? May 30-31, 2024 in Yerevan.

Register now to take advantage of a 30% discount for early buyers.

The conference has everything for those who already earn or want to earn from traffic, and, of course, for those looking for profitable partnership opportunities!

Our guests:

– Partners

– Money makers

– Marketers

– Webmasters

– Online entrepreneurs

– Info-businessmen

– Direct advertisers

– Crypto enthusiasts

– Everyone who wants to learn how to earn from traffic

 

You can expect:

– Sports tournaments for webmasters

– Business meetings

– Stylish private parties

– Dinners from sponsors and event partners

– Not to mention the grand after-party

 

Join us and let’s make this conference an unforgettable experience!The main rule of our events is grand scale!

The main rule of our parties is grand scale! If it’s an Afterparty, it’s a huge event with 1500+ participants, and if it’s a headliner, it’s someone recognized by GQ as “Man of the Year”, topping the charts for many years 😉

And the conference is packed with surprises! For example, you’ll meet a real monk for the absolution of affiliate sins.

There will be an unlimited bar and hookah, along with snacks, during networking with industry leaders from around the globe.

Of course, there are two dance floors – one for techno enthusiasts.

Don’t forget about the pre-party the night before the conference (May 29 at 8pm). Meet the right people before anyone else!

Of course, there will also be numerous private parties hosted by friends and sponsors, including a closed pre-party from the legendary affiliate marketing expert, Eugene Ivanov.

⚠️ WARNING: Our parties set the bar high, and after MAC, regular gatherings will not be as impressive (of course).

Let’s take a look at what happened at MAC’21:

🔥 At MAC, you can expect the largest exhibition in Europe with over 100 companies:

– Leading affiliate networks

– Media buying teams

– Traffic sources

– Advertisers

– Services

– Crypto specialists.

Participation in the conference provides an opportunity to network with key market players and gain up-to-date insights into emerging trends and internet marketing approaches.

You have the chance to step-by-step explore the niche and achieve personal success thanks to presentations, networking with practicing partners, media buying managers, influencers, and market experts.

The conference speakers include affiliate specialists, heads and owners of media buying teams, opinion leaders, and market experts.

Van Oakes – the founder and CEO of a successful e-commerce company with a seven-figure annual income.

KJ Rocker – an internet marketer and business owner, CEO of “05 Media Ltd.”

Sergey Ovseenko – the owner of an iOS app development company.

Butch Hildebrand – Lifelong strategic thinker that uses personal and business networking as an eCommerce “broker” to grow multiple streams of revenue for clients ranging from startups to multiple 7-8 figure companies in online marketing

Due to popular demand, we will soon be increasing ticket prices. Please purchase tickets now at the best available price – with up to 30% off.

 

Tickets are on sale now!

Looking forward to seeing you at the conference,

The MAC’s Team.

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Central Europe

Wazdan amplifies Swiss presence with Swiss4Win launch

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Wazdan amplifies Swiss presence with Swiss4Win launch
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Wazdan, the gain-focused developer behind some of the world’s most rewarding casino game experiences has further expanded in the regulated Swiss market, taking its games live with Swiss4Win.

The collaboration enhances Wazdan’s profile in the country with Swiss4Win’s leading online gambling platform revolutionising player experiences with the introduction of the studio’s exciting range of games.

As Wazdan continues to deliver the world’s most rewarding casino game experiences, this new partnership heralds a new era of entertainment. Players can look forward to a diverse selection of captivating slots designed to appeal to Swiss players.

In conjunction with this partnership, Swiss4Win unveils its new website, meticulously crafted to enhance user engagement. The platform boasts a cutting-edge SEO-oriented design, complemented by a sleek dark mode interface. With a heightened focus on slot providers, the website features a dedicated page showcasing premier gaming offerings.

Radka Bacheva, Head of Sales and Business Development at Wazdan, said: “We’re excited to join forces with swiss4win.ch to introduce our latest games to players worldwide. This collaboration represents a shared commitment to innovation and excellence in the iGaming industry.”

Paolo Sanvido, Chief Executive Officer at Casino Lugano and Swiss4Win, added: “Wazdan’s distinguished reputation stems from its exceptional graphics and innovative features, which have resonated with players globally. Its dedication to crafting enriching casino experiences offers players greater control over their gaming preferences and seamlessly aligns with our audience’s interests.”

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Industry Awards

WhichBingo Reveals 2024 Award Winners at 10th Anniversary of the WhichBingo Awards

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WhichBingo, one of the UK’s best-known and most trusted online bingo review and affiliate sites, owned and operated by Gambling.com Group, has announced its 2024 WhichBingo Award winners at an action-packed event aboard the Sunborn Yacht Hotel in Gibraltar. The headline sponsor of the event was Pragmatic Play, a prolific provider of slot games and a powerhouse bingo platform. Other big-name sponsors included Eyecon and its parent company, Playtech.

Gala Bingo and Buzz Bingo were the big winners of the night, picking up four awards each. Popular choice awards for Gala Bingo included Best Bingo Site, Best Proprietary Bingo Site and Best Slots site for its Gala Spins game. In addition, Gala Bingo was awarded Best Marketing Campaign by an expert panel of judges. Buzz Bingo walked away with the trophies for Best Chat Team, Best Exclusive Bingo Game and Best Playtech Bingo site thanks to the player votes – and Best Livestream Entertainment from the judging panel.

There were several new features to mark the 10th anniversary of the WhichBingo Awards, including the first WhichBingo Player Panel. Designed to bring real players and their insights to industry insiders, and hosted by WhichBingo safer gambling partner Better Change, the panel was a highlight of the event. Themes included what players value most in online bingo games and a deep dive into their preferred play styles. In another first, the inaugural Better Change Positive Play Award was presented to PlayOJO in recognition of its efforts to ensure players stay safe while still having fun.

The night’s entertainment included the UK’s own Dabbers Social Bingo, famous for its annual contest to find the best comedy bingo caller. The bingo operators were the ones dabbing the bingo cards for a change, and the winners walked away with some enviable prizes.

“Congratulations to all of the winners of the 2024 WhichBingo Awards. It’s truly inspiring to see the passion and dedication of the bingo community celebrated in such a spectacular fashion. At Gambling.com Group, we value our partnerships with operators, affiliates, and industry leaders, and we are proud to be part of such an engaged and vibrant community,” Owen Watters, Vice President Commercial at Gambling.com Group, said.

WhichBingo was founded more than two decades ago, and the WhichBingo Awards remain one of the annual highlights in the UK’s online bingo industry calendar, a unique celebration that recognizes the best brands in the gaming business.

All the Award Winners in Full:

Best Bingo Site: Gala Bingo

Best Slot Game: Big Bass Amazon Xtreme (Pragmatic Play)

Best Exclusive Bingo Game: Buzz Bingo Live Bingo

Best Pragmatic Play Bingo Site: Heart Bingo

Best Dragonfish Bingo Site: 888Ladies

Best Playtech Bingo Site: Buzz Bingo

Best Proprietary Bingo Site: Gala Bingo

Best Bingo Chat Team: Buzz Bingo

Best Slots Site: Gala Spins

Judged Awards

Better Change Positive Play Award: PlayOJO

Best Customer Service: tombola

Best Marketing Campaign: Gala Bingo

Best Mobile Bingo Site: bet365 Bingo

Best Livestream Entertainment: Buzz Bingo

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