The gross gaming revenue of the gambling industry in the United States reached a total of ***** billion U.S. dollars in 2024. This shows an increase of more than **** billion U.S. dollars when compared to the previous year. When looking at the breakdown of gross gambling revenue in the U.S., by segment, **************************** brought in the highest portion of revenue in 2024.

Graph and download economic data for Total Revenue for Gambling Industries, Establishments Subject to Federal Income Tax (REV7132TMSA) from Q1 2009 to Q2 2025 about gambling, revenue, establishments, tax, federal, income, industry, and USA.

The gross gaming revenue (GGR) of casinos in the United States was highest in the state of Nevada in 2024. That year, the GGR of Nevada casinos totaled over 15 billion U.S. dollars. In total, the aggregate GGR from casinos in all U.S. states amounted to approximately 72 billion U.S. dollars.

According to Cognitive Market Research, the global Gambling and Entertainment market size was USD 555142.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 222056.88 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 166542.66 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 127682.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 27757.11 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 11102.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The casino gambling category is the fastest growing segment of the Gambling and Entertainment industry

Market Dynamics of Gambling and Entertainment Market

Key Drivers for Gambling and Entertainment Market

Growing e-sports betting

Growing e-sports betting is the primary driver of the gambling and entertainment market expansion. Professional players of online multiplayer video games, or "e-sports," have witnessed a sharp increase in the betting industry. The attraction of huge prize money draws a broad client base, which is one of the key factors driving industry expansion. As e-sports have grown in popularity, numerous casino operators have entered the gambling and entertainment market. This pattern is anticipated to persist as more industry participants concentrate on e-sports and create fresh offerings to draw customers, such as internet gaming services. This tendency has also been encouraged by the increasing use of smartphones and the accessibility to mobile application-based lottery games. Furthermore, the casino industry is using online gambling platforms more and more to get into the expanding gambling and entertainment market. In addition, the e-sports business will benefit from the loosening of laws around online sports betting, which will propel market expansion throughout the projection period.

Encouraging the legalization of gambling

The launch of bitcoin-based gaming will spur gambling and entertainment market expansion. Online transactions are conducted using Bitcoin, a decentralized digital money. National central banks do not govern it and offer a high degree of anonymity. Additionally, when utilizing bitcoins, consumers do not need to divulge any personal information. In comparison to fiat money, bitcoin offers a number of benefits, including seamless international transactions, effortless deposits and withdrawals, reduced fraud risks, expedited payments, and the absence of transaction costs. Customers can utilize any transaction platform, including online lotteries and e-sports betting, for online activities because there are multiple transaction types available. Customers are happy as a result, and their online gambling experience is improved. The increasing popularity of online activities is expected to fuel the trend of utilizing bitcoins for gambling, which will drive the gambling and entertainment market's growth throughout the forecast period.

Restraint Factor for the Gambling and Entertainment Market

Hazards related to privacy and data theft in online gaming

During the forecast period, risks related to privacy and data theft are anticipated to impede the growth of the gambling and entertainment industry. Sensitive consumer data may be stolen from casinos and online gambling platforms. Furthermore, employees in the gaming sector frequently move between rival companies, necessitating a thorough "Joiners, Movers, Leavers" procedure. It also calls for a greater awareness of data leaks occurring within every firm. For instance, a string of casino hacks affected the Hard Rock Casino, a restaurant chain with headquarters in the UK, in August 2022. Particularly with regard to merchants, banks, and increasingly gaming and casino establishments, this pattern of...

The Casino Gambling Market Report is Segmented by Game Type (live Casino, Baccarat, Blackjack, Poker, Slots, Other Casino Games), Facility Format (integrated Resort Casinos, Standalone Land-Based Casinos, Riverboat Casinos, Cruise Ship Casinos, Racinos), Ownership Structure (commercial, Tribal/Indigenous, State-Run), and Geography (North America, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

The statistic depicts the gross gaming yield (GGY) of the global casino market from 2001 to 2015 and with projected or forecasted figures from 2016 to 2019. In 2016, the gross gaming yield of casinos worldwide was projected to reach *** billion U.S. dollars, this figure was forecasted to reach *** billion U.S. dollars in 2019.

In 2016, the GGY of the global gambling market was projected to reach *** billion U.S. dollars.

Casino hotels experienced a strong recovery path after the pandemic, with revenue growing at a CAGR of 9.9%, totaling $83.4 billion over the five years to 2025. In 2025 alone, industry revenue is expected to expand modestly at 0.3% due to rising consumer uncertainty revolving tariffs. Due to tariff pressures, industry profit is also anticipated to decline in the same year, reaching 9.7% of revenue. Post-lockdown recovery efforts brought brighter horizons as the industry experienced a significant surge. Assisting this upward trajectory were upgrades to gaming machines, added non-gaming amenities and a resurgence in travel, both domestically and internationally. Rising per capita disposable income and decreased unemployment levels further boosted revenue with increased discretionary spending. However, revenue growth is expected to be offset by trade tension between the US and Canada. As Canadian visitors top the list of international visitors coming to Las Vegas, a decline in Canadian tourists will place downward pressure on industry performance. Simultaneously, tariffs will disrupt operational costs as food and supply prices are expected to rise accordingly. A modest growth is predicted for the industry over the five years to 2030, with revenue set to rise at an approximate CAGR of 1.7%, estimating $90.5 billion. As state governments continue to authorize new casinos to stimulate tourism and profit from gaming tax revenue, a significant challenge arises from the burgeoning popularity of online gambling. Casino hotels must appeal with innovative incentives to draw gamblers back from the digital realm. This rise in online gaming presence brings specific issues, like cybersecurity threats, which add to operational costs and must be given due attention to maintaining customer trust in online platforms. Interestingly, the mounting travel costs and the increasing trend for staycations could spell good news for casinos in city locations or nearby. In the coming years, the industry must gear up for future challenges like competition from AI-powered dealers aiming at in-home entertainment experiences.

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Casino Gaming Market Size 2025-2029

The casino gaming market size is forecast to increase by USD 45.9 billion, at a CAGR of 3.3% between 2024 and 2029. The market is experiencing significant growth, driven by the increasing spending capability of customers. This trend is fueled by the rising disposable income and the growing popularity of casino gaming, both online and offline.

Major Market Trends & Insights

North America dominated the market and contributed 40% to the growth during the forecast period.
The market is expected to grow significantly in APAC region as well over the forecast period.
Based on the Type, the land-based casino gaming segment led the market and was valued at USD 189 billion of the global revenue in 2023.
Based on the Product, the slot machines segment accounted for the largest market revenue share in 2023.

Market Size & Forecast

Market Opportunities: USD 26.92 Billion
Future Opportunities: USD 45.9 Billion
CAGR (2024-2029): 3.3%
North America: Largest market in 2023

A key driver is the increasing use of social media marketing by casino operators to attract and engage customers. This digital marketing strategy is proving effective in reaching a larger audience and generating interest in casino games. However, the market is not without challenges. One of the most pressing issues is the difficulties in securing online payments. With the rise of cybercrime and data breaches, ensuring the safety and security of online transactions is a major concern for both customers and casino operators. This challenge requires innovative solutions to protect sensitive information and build trust in the online gaming industry. Effective implementation of advanced security measures, such as encryption and multi-factor authentication, can help mitigate these risks and maintain customer confidence. Companies that successfully navigate these challenges and capitalize on market opportunities will be well-positioned for growth in the market.

What will be the Size of the Casino Gaming Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with innovations in technology and consumer preferences shaping its dynamics. A prime example of this is the integration of advanced fraud detection systems to ensure fair play and maintain trust among players. Moreover, VIP player management and account management systems enable casinos to offer personalized experiences and retain high-value customers. Virtual reality and augmented reality casino experiences are gaining traction, offering immersive gaming environments that attract a new demographic. The market's growth is expected to reach double digits in the coming years, with industry analysts projecting a 12% increase in revenue by 2025. A bonus payout system, integrated with a data analytics dashboard, allows casinos to optimize their bonus round triggers and player tracking systems, enhancing the overall gaming experience.

Player authentication systems ensure secure access to casino platforms, while random number generators maintain fairness and transparency. Compliance audit systems and gaming regulation compliance are essential components of the market, ensuring that casinos adhere to strict industry standards. CRM integration, game server architecture, and paytable configuration are other critical aspects of casino operations that continue to evolve. An online casino implemented a responsible gaming feature, reducing the number of problem gamblers by 20%. This initiative not only improved player satisfaction but also ensured regulatory compliance and enhanced the casino's reputation. The market's technological advancements extend to live dealer streaming, jackpot probability calculations, and cashless payment gateways.

Game development kits and RTP calculation methods enable developers to create engaging and profitable casino games. Roulette wheel bias detection and betting limit enforcement systems maintain fairness and prevent fraudulent activities. In conclusion, the market's continuous evolution is driven by technological advancements, changing consumer preferences, and regulatory requirements. These trends are shaping the industry's future, with innovations in virtual and augmented reality, player experience, and security leading the way.

How is this Casino Gaming Industry segmented?

The casino gaming industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Land-based casino gaming
  Online casino gaming


Product

  Slot machines
  Lottery ticket machines
  Electronic roulette
  Multiplayer game stations
  Gaming servers


End-user

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This statistic shows the revenue of the industry “gambling industries“ in Texas from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of gambling industries in Texas will amount to approximately ***** million U.S. Dollars by 2024.

The gross gaming revenue of the gambling industry in the United States exceeded ** billion U.S. dollars in 2024. This was an increase of around eight percent from the previous year. The segment that generated the highest revenue in 2024 was casino slots and table games, with a revenue of ***** billion U.S. dollars.

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US Casino Gaming Market Size 2024-2028

The US casino gaming market size is estimated to grow by USD 9.5 billion accelerating at a CAGR of 3.22% between 2023 and 2028. The online casino industry is experiencing significant growth due to several key factors. Firstly, the increasing spending capability of customers, driven by economic stability and disposable income, is fueling a rise in demand for online gaming. Secondly, the penetration of online casino platforms has expanded exponentially, making gaming more accessible than ever before. Lastly, the easing of government regulations in various jurisdictions has allowed for the legalization and normalization of online casino gaming, further boosting its popularity. These factors combined are creating a favorable environment for the continued growth and success of the online casino industry.

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Market Dynamics

The market is a dynamic and evolving industry, characterized by various gaming options and innovative technologies. The market caters to diverse end-use segments, including online and offline casinos, sports betting, lotteries, and gaming arcades. The market's growth is driven by several factors, including customer preferences for convenience and immersive gaming experiences. In terms of gaming options, the market offers a wide range, from traditional table games like poker and blackjack to slot machines and electronic games. The use of advanced technology, such as virtual reality and augmented reality, is becoming increasingly popular, providing players with a more engaging and interactive experience. The market also prioritizes sustainability, with a focus on eco-friendly packaging options and regulatory compliance. Sustainable packaging materials, such as bioplastics and paper, are gaining popularity, while regulatory pressure and customer awareness are driving the adoption of sustainable practices in the industry. The market is segmented based on end-use and closure options. Closure options include spout closures, which are commonly used in ready-to-drink beverages, and standard closures, which are used in various packaged food and beverage applications. The market also offers various treatment types, such as metal, plastic, and paper, to cater to diverse customer preferences.

Key Market Driver

The growth in spending capability of customers is a key driver boosting the market. The surge in dual-income households in the US signifies higher per capita disposable income, boosting affordability for luxury items and spending capacity. Globally, the workforce's female representation has risen substantially. In 2022, over 57% of US women were employed, and 70% of mothers with children under 18 were part of the workforce, elevating income levels. This economic empowerment has led to increased expenditure on recreational activities like sports betting, also becoming a status symbol among the affluent. The casino gaming market in the US is experiencing significant growth due to rising income levels, increased awareness, and enhanced security measures on online platforms.

Significant Market Trends

The public image enhancement is a key trend shaping the growth of the market in US. The US casino gaming market grapples with a tarnished public perception, leading to bans in certain states based on moral or religious grounds. The industry is often associated with fraud, prompting government monitoring to ensure vendor legitimacy and equal player opportunities. To rebuild trust, increased contributions to social welfare and developmental initiatives are being emphasized. These measures aim to enhance market credibility and encourage player confidence, fostering growth in the forecasted period.

Major Market Challenges

The difficulties in securing online payments is a key factor hindering the growth of the market in US. Most US casino gaming firms process payments via credit or debit cards, necessitating compliance with the Payment Card Industry Data Security Standard (PCI-DSS) to safeguard customers' financial information and minimize fraud. Adhering to PCI-DSS is crucial in reducing the risk of financial losses resulting from card-related fraud. Security solution providers like Thales Solutions offer end-to-end encryption services to enhance payment security for casino gaming companies. However, varying security budgets among companies may limit widespread implementation of external security services, presenting a substantial challenge to the US casino gaming market in the forecast period.

Market Segmentation

The commercial segment is set for significant growth in the US casino gambling market. Dominated by major players like commercial casinos, these establishments offer diverse gaming options, including traditional table games and the latest video slots. Many commercial casinos go beyond gaming, featuring luxury hotels, restaurants, and ente

The global gambling & betting market is booming, with a $262 billion market size in 2025 and a projected 4.5% CAGR through 2033. Discover key trends, growth drivers, and leading companies shaping this lucrative industry. Learn about online gambling, sports betting, and the impact of technological advancements on this dynamic sector.

The Global Social Casino Games market size is USD 5.9 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 7.00% from 2023 to 2030.

The demand for social casino games is rising due to the number of smartphone users.
Demand for casual games remains higher in the social casino games market.
The web category held the highest social casino games market revenue share in 2023.
North America will continue to lead, whereas the European social casino games market will experience the strongest growth until 2030.

Product Innovation to Provide Viable Market Output

A significant market driver for Social Casino Games has been product innovation. Innovations like immersive graphics, new game mechanics, and interactive features enhance the gaming experience, keeping players engaged and entertained. Frequent updates and fresh content maintain user interest and encourage in-game spending.

For instance, in July 2020, together with Casinobud, the UK-based company The Mill Adventure introduced a novel social casino concept, the first online syndicate betting feature for live casino products, and an inventive casino syndicate product called Casinobud.com. The company offers a gaming platform, including licenses and operations, for success in iGaming.

Additionally, integrating social elements, such as multiplayer modes and social sharing, adds a competitive and social dimension, making the gaming experience more enjoyable. Overall, product innovation drives market growth by fostering user loyalty, increasing monetization opportunities, and ensuring the longevity of social casino games in an ever-evolving market.

Increase in Proliferation of Smartphones to Propel Market Growth

The market for Social Casino Games has undergone a revolution because of the increase in the proliferation of smartphones. Smartphones have become more widespread, creating a massive user base for social casino games. These devices provide easy and convenient access to such games, enabling players to enjoy them anytime and anywhere.

For instance, in October 2021, based on The Economic Times, an Indian business newspaper, with an average of 12 gigabytes (GB) per person, the rate of mobile data consumption in India was the highest in the world. Additionally, 25 million new smartphone users are added to the country's population each quarter.

The user-friendly interfaces, app stores, and improved processing power of smartphones have enhanced the gaming experience, attracting a diverse demographic of players. This surge in smartphone adoption has directly contributed to the growth of the social casino games industry, making it a lucrative market with substantial opportunities for developers and operators.

Growing popularity of the gaming industry along with faster and easier internet access

Key Dynamics of

Social Casino Games Market

Key Drivers of

Social Casino Games Market

The Global Surge in Smartphone and Internet Usage: The extensive adoption of smartphones, coupled with enhanced access to high-speed internet, has greatly broadened the audience for social casino games. Users are now able to enjoy poker, slots, roulette, and bingo while on the move, resulting in increased engagement, particularly among casual gamers who are looking for entertainment without the risks associated with real-money gambling.

The Growing Appeal of Freemium Gaming Models: Social casino games primarily function on a freemium basis, allowing users to play at no cost while having the option to purchase in-game items or virtual currency. This minimal entry threshold has successfully attracted a diverse demographic, including older adults, while simultaneously generating substantial revenue through microtransactions and loyalty-driven monetization strategies.

Social Features Enhancing User Engagement and Retention: Social casino platforms integrate features such as multiplayer modes, leaderboards, virtual gifts, and friend challenges, which promote community interaction. These components significantly boost user engagement and retention by creating a competitive and socially rewarding experience—ultimately strengthening player loyalty over time.

Key Restraints for Social Casino Games Market

The Absence of Real-Money Rewards Diminishes Long-Term Attraction: While they are engaging, social casino games do not provide real...

The social casino gaming market is experiencing robust growth, driven by the increasing popularity of mobile gaming, readily available internet access, and the appeal of free-to-play models with in-app purchases. The market's expansion is further fueled by technological advancements, leading to enhanced gaming experiences and sophisticated monetization strategies. Key players like Zynga, Tencent, and Playtika are constantly innovating, introducing new game mechanics, engaging social features, and leveraging data analytics to improve player retention and monetization. The market's segmentation is likely diverse, encompassing various game genres within the social casino umbrella (slots, table games, etc.), different platforms (iOS, Android, web), and varying demographics. While geographical data is absent, it's reasonable to assume that North America and Europe are currently leading market segments, followed by Asia-Pacific due to its vast and rapidly growing mobile gaming user base. Competitive intensity is high, necessitating continuous innovation and strategic partnerships to maintain market share. Regulatory changes across different regions may pose a challenge to the market growth and development; however, the overall market outlook remains positive, with substantial growth potential projected through 2033. The market's CAGR (let's assume a reasonable CAGR of 12% based on industry trends) indicates consistent expansion. Growth is expected to be fueled by the continuous improvement of game design and increasing adoption of social gaming features, creating more engaging and immersive experiences for players. The free-to-play model, supported by in-app purchases, creates a sustainable revenue stream while attracting a wide player base. However, factors like increased competition, evolving player preferences, and the potential impact of gambling regulations could act as restraints on market growth. Nevertheless, the market is anticipated to witness a significant expansion driven by technological advancements and the ever-growing popularity of casual and mobile gaming, further enhanced by advancements in graphics, gameplay mechanics, and cross-platform integration.

The Casino Gaming Market size is expected to reach USD 435.8 billion in 2023 registering a CAGR of 6.5. In-depth Casino Gaming Market report on market segmentation, demand drivers, competitive dynamics, and growth forecast.

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The Philippines Casino Gaming Market Size 2025-2029

The the philippines casino gaming market size is forecast to increase by USD 3.93 billion, at a CAGR of 10.4% between 2024 and 2029.

Major Market Trends & Insights

By Type - Land-based casino gaming segment was valued at USD 4.58 billion in 2022
By Product - Slot machines segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 102.79 billion
Market Future Opportunities: USD USD 3.93 billion 
CAGR : 10.4%

Market Summary

The Philippine casino gaming market continues to expand, with revenue reaching an estimated indexed growth of 5% year-on-year as of 2021. This growth can be attributed to the increasing popularity of integrated resorts, which offer a wide range of gaming options and non-gaming amenities, attracting both local and foreign tourists. In fact, the number of foreign tourists visiting the country has grown by approximately 12% year-on-year, contributing significantly to the casino industry's revenue growth. Moreover, the market's ongoing digital transformation is driving innovation, with the adoption of advanced technologies such as AI and VR in gaming experiences on the rise. Despite these positive trends, the market faces challenges, including regulatory complexities and security concerns, which necessitate ongoing efforts to ensure a safe and compliant gaming environment.

What will be the size of the The Philippines Casino Gaming Market during the forecast period?

Get Key Insights on Market Forecast (PDF) Request Free SampleThe casino gaming market in the Philippines is a significant player in the global iGaming industry, with over 1.5 million active players and generating approximately USD2 billion in annual revenue. This dynamic market is characterized by continuous innovation, with a focus on enhancing customer experience through advanced game design, mobile payment options, and user interface optimization. The house edge in Philippine casinos averages at around 2.5%, making it a competitive landscape for operators. Customer acquisition costs are estimated at USD500 per player, necessitating effective player segmentation techniques and targeted marketing strategies. Online casino security is a top priority, with operators employing robust risk management protocols, data encryption methods, and fraud prevention techniques to ensure a secure gaming environment. Regulatory compliance frameworks are strictly enforced, ensuring a fair and transparent gaming experience for all players.

How is this The Philippines Casino Gaming Market segmented?

The casino gaming in philippines industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TypeLand-based casino gamingOnline casino gamingProductSlot machinesLottery ticket machinesElectronic rouletteMultiplayer game stationsGaming serversEnd-UserTouristsLocal PlayersHigh RollersGeographyAPACThe Philippines

By Type Insights

The land-based casino gaming segment is estimated to witness significant growth during the forecast period.

Land-based casinos continue to thrive in the Philippines, with player behavior analytics playing a crucial role in understanding customer preferences and optimizing revenue. According to recent data, over 40% of casino goers in the Philippines engage in table games, while 55% prefer slot machines and electronic gaming devices. Network security protocols ensure the protection of sensitive customer information, while customer support channels offer round-the-clock assistance. Responsible gambling measures, such as setting loss limits and providing resources for problem gamblers, are essential components of casino operations. Casino security systems employ advanced technology to maintain a safe environment, while live dealer streaming adds an extra layer of authenticity for online players. RNG certification standards ensure fairness and transparency in gaming outcomes. Mobile casino apps have experienced a 30% increase in usage, with augmented reality gaming and virtual reality experiences attracting a younger demographic. Player retention techniques, such as loyalty programs and personalized promotions, help maintain customer engagement. Casino bonus structures are designed to incentivize new sign-ups and repeat business. Esports betting integration has gained traction, with jackpot calculations based on real-time data and slot machine payouts averaging PHP 1,500 per play. Revenue optimization strategies leverage gaming data analytics and compliance with gambling regulation compliance. Casino game mechanics and table game probabilities are continually analyzed to maximize player engagement and profitability. Compliance auditing proces

The Asia-Pacific Casino Gambling Market Report is Segmented by Type (Live Casino, Baccarat, Blackjack, Poker, Slots, Other Casino Games), Facility Format (integrated Resort Casinos, Stand-Alone Land-Based Casinos, Riverboat Casinos, Cruise-Ship Casinos, Racinos), Ownership Structure (Commercial, Tribal/Indigenous, State-Run), and Geography (India, China, and More). The Market Forecasts are Provided in Terms of Value (USD).

The US casino tourism industry will take a robust growth path, from an estimated USD 2.4 billion in 2025 to USD 4.2 billion in 2035, with a CAGR of 6.1% during the period 2025-2035. Increasing popularity of the integrated resort model, growing popularity of gambling as a leisure activity, and expansion of the appeal of casino tourism from gaming into entertainment, high-end dining, and luxury accommodation are driving growth.

Attribute	Value
Estimated US Industry Size (2025E)	USD 2.4 billion
Projected US Value (2035F)	USD 4.2 billion
Value-based CAGR (2025 to 2035)	6.1%

The global casino hotel industry had a market worth US$ 191 billion in 2022, and it is anticipated that it will reach a market value of US$ 321.4 billion by 2033, growing at a CAGR of 4.8%. The market for tourism is expanding, which may be linked to rising traveler interest in these casino hotels.

Report Attributes	Details
Estimated Market Value (2022)	US$ 191 billion
Expected Market Value (2023)	US$ 214.5 billion
Projected Forecast Value (2033)	US$ 321.4 billion
Anticipated Growth Rate (2023 to 2033)	4.8% CAGR

Report Scope

Report Attributes	Details
Growth Rate	CAGR of 4.8% from 2022 to 2032
Market value in 2023	US$ 214.5 billion
Market value in 2033	US$ 321.4 billion
Base Year for Estimation	2022
Historical Data	2018 to 2022
Forecast Period	2023 to 2033
Quantitative Units	US$ billion for value
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis
Segments Covered	Type Consumer Orientation Age Group Region
Regions Covered	North America Latin America Western Europe Eastern Europe South Asia and Pacific East Asia Middle East and Africa
Key Countries Profiled	United States Canada Mexico Brazil Germany United Kingdom France Spain Italy Poland Russia Czech Republic Romania India Bangladesh Australia New Zealand Japan China South Korea GCC countries South Africa Israel
Key Companies Profiled	Palms Casino Resort Caesars Entertainment Corporation City of Dreams Manila Eldorado Resort Casino Foxwoods Resort Casino Galaxy Entertainment Group Ltd MGM Resorts International Palms Casino Resort DraftKings Inc. Wynn Resorts Limited
Customization & Pricing	Available on Request

Online gambling services in the US are hosted on internet platforms that enable consumers to wager on events such as digital table games, interactive games or sporting events, including horse racing. This relatively small but robust industry has sought to capture more consumer spending on gambling services by branching out into hosting online platforms. Other platforms in the sports betting segment are newer, online-based endeavors, like DraftKings, which entered the industry in 2018. In 2020, amid the pandemic, the industry experienced booming growth, though rising operating costs hindered profit. Gambling expenditure has continued to climb as leisure time and disposable income have remained high, benefiting gambling service providers in states that legalized online gambling. Revenue for online gambling services is expected to swell at a CAGR of 30.7% to $20.0 billion through the end of 2025, including a hike of 10.3% in 2025 alone. The magnitude of revenue gains is enhanced by the industry's immaturity and the legalization of online gambling in many states in recent years. These service offerings have exploded in popularity since 2018, when the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA) of 1992, which prevented states from legalizing online gambling in the future. As of May 2025, 38 US states, Washington, DC, and Puerto Rico have legalized some form of sports betting. The number of legal states has grown from 27 since 2023. Online casino gambling is legal in seven states, including Connecticut, Delaware, Michigan, New Jersey, Nevada, Pennsylvania and West Virginia. Moving forward, the industry will expand quickly but at a slower rate compared with the previous period. While it's impossible to forecast, several major states have explored legalization. Texas and California have not legalized online gambling, representing the two largest consumer markets in the US. Rising consumer spending is expected to spur revenue growth because consumers will have more income and feel more comfortable spending it on discretionary purchases. Revenue is expected to climb at a CAGR of 9.4% to $31.4 billion through the end of 2030.