LONDON--(BUSINESS WIRE)--Gambling is one of the significant sources of revenue in the US because due to the high taxes attached to it in the country. This revenue is invested in public as well as private sectors that help in creating employment opportunities in the region. This is encouraging the government to legalize various forms of gambling that includes casino gaming. Thus, the easing of government regulations is expected to stimulate growth in the US casino gaming market during the forecast period. Furthermore, this industry research report also presents a competitive analysis of the market by platform (online and traditional), by type (commercial, tribal, limited stakes, and iGaming), and by game type (poker, blackjack, slot machines, roulette, and others).
Competitive vendor landscape
The casino gaming market in the US is highly competitive with major vendors such as Boyd Gaming, Caesars Entertainment, INTRALOT, Las Vegas Sands, MGM Resorts, Penn National Gaming, and Wynn Resorts competing based on price, quality, and market presence.
Casino Management System. We develop full-suite casino management solutions for efficient regulatory and compliance reporting, accounting, and audits. In addition, we integrate features for player tracking, floor optimization, and more. We program business analytics software through integrated systems for fast data mining and report automation. Two (2) winners will be drawn every hour from 5pm to 9pm for $250 in free play each day of the promotion using the Casino Marketplace system and Hot Seat Internal Controls. A total of ten (10) winners will be drawn each night. Once the winners have been verified, they will be awarded their prize. (Excludes Dec 25).
“The reconfigurable electronic gaming machines are gaining immense popularity owing to their benefits, such as easy to update, upgrade, and user-friendly. Unlike the conventional type of machines, electronic gaming machines can be reused, which reduces the inventory cost for vendors. Thus, the increasing popularity of reconfigurable electronic gaming machines will fuel the market growth during the next five years,” says a senior analyst at Technavio.
Top five US casino gaming market vendors
Boyd Gaming
Boyd Gaming has operations in about 25 gaming entertainment properties located in Nevada and several other US states. Besides Nevada, the company has casinos in Illinois, Kansas, Indiana, Iowa, Mississippi, and Louisiana, among others. Boyd Gaming operates three main segments Midwest and South, Downtown Las Vegas, and Las Vegas Locals.
Caesars Entertainment
Caesars Entertainment owns and operates almost 50 casinos, majorly in the US under brand names that include Caesars, Harrah's, and Horseshoe. Its major properties include Horseshoe, Harrah's, Rio casinos, Caesars Palace, Planet Hollywood on the Vegas Strip, and Paris Las Vegas. The company’s operations comprise hotels, riverboat casinos, and gaming establishments.
INTRALOT
INTRALOT is an entertainment corporation that owns and operates gambling, lottery, and betting businesses. INTRALOT is a supplier of innovative game content, integrated gaming, interactive gaming services, racing management, sports betting, and transaction processing systems. It offers 400 types of games and has a presence in 57 jurisdictions in all five continents.
Las Vegas Sands
Las Vegas Sands owns and operates integrated resorts that feature celebrity chef restaurants, convention, and exhibition facilities, entertainment and retail centers, premium accommodation, gaming facilities, and other amenities. It generates revenue from gaming facilities, food and beverage services, and retail.
MGM Resorts
MGM Resorts International owns and operates integrated hotels, casinos and entertainment resorts in the United States and Macau. The company operates through three segments: MGM China, Las Vegas Strip Resorts, and Regional Operations. Its casino resorts offer convention, hotel, gaming, dining, entertainment, retail, and other resort amenities. The company’s casino operations include table games and race, slots and sports book wagering.
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Casino management systems include hardware and software that aims at tracking players, security and surveillance, cash and accounting, analyzingbehavior or combination of all of these.Casino industry heavily relies on customer retention to generate revenues. Quality of services offered and service level plays an important role in retaining consumers. Casino industry is mainly supported by IT solution and services. In addition, IT solution and services enable the casinos to streamline their operations and activities which in turn aims at enhancing the customer retention rate in the Casino Management Systems market.Management tools are one of the most important offerings from all IT vendors which enable the casinos to handle and manage day to day operations thereby enhancing customer service level which in turn is helping to retain customer retention rate.The tools includes software that helps to track various activities of employees and customers. In addition,it also aims at maintaining databases consisting of critical information that is required for future references.Hence, Casino Management Systems market deals with different tools and analytical software which enable the casinos to understand employee and customer behavior by analyzing the probabilities of win or lose in casino games.
Recent trend shows that the sole purpose of casino visitors are not only gambling but to enjoy various services and ambience associated with gambling.Casino visitors have different expectations and hence serving the various customers is not an easy task. Hence, casino management systems are one stop solution in terms of managing various assets and to maintain the service level and information flow as per expectation.Casino management systems with the help of advanced technology provides an easy way out for various security and solution services. These systems aims at monitoring the activities taking place on floor thereby providing real-time reports which in turn helps in decision making.This in turn is driving the Casino Management Systems Market.Therefore, the Casino Management Systems market is predicted to witness a steady growth during the projection period from 2017 to 2025.
Global Casino Management Systems market has been segmented on the basis of type of end users, analytics and security and surveillance. On the basis of type of end users, global Casino Management Systems market has been segmented intosmall, medium and large casinos. Additionally, global Casino Management Systems market has been separated on the basis of analytics which includes predictive analytics and video analytics. In terms of security and surveillance, the market is segmented into video surveillance and access control. The Casino Management Systems market is mainly driven by the increase in number of casinos due to higher gambling acceptance among people and growing worldwide income.Hence increase in demand of casinos is driving the market globally.In addition, growth in the gaming industry followed by digitization and escalation of international tourism are other factors driving the global Casino Management Systems market.However, the gambling industry is mainly controlled by stringent rules and regulations which fail to find acceptance in many countries.This is restraining the growth of global Casino Management Systems market.In addition, growth in number of online casinos is also restraining the growth of this market as customers can log in from home and play without going to the casinos. Growing demand of casinos in emerging markets which includes Japan and Macau among others serves as opportunity for this market. In addition, increase in demand of system integrators in casino management systems also act as an opportunity factor in the growth of global Casino Management Systems market.
Geographically, global Casino Management Systems market has been segmented into North America, Europe, Asia Pacific, Middle-East and Africa (MEA) and Latin America. In 2016, North America held the largest share of the Casino Management Systems market due to increased disposable income among consumers followed by freely accepted society. Asia Pacific is expected to be the fastest growing market for Casino Management Systems market owing to the rise in revenue and increase in demand of global tourism. All these factors are expected to increase the demand of Casino Management Systems market during the forecast period from 2017- 2025.
The majorplayers operating in the global Casino Management Systems market includes Belly Technologies(The U.S),Honeywell (The U.S), Agilysys (The U.S),International Game Technology (The U.S), Lodging And Gaming Systems (Lgs) (The U.S),Wavestore (U.K),Hconn (The U.S), Advansys (U.K),Next Level Security Systems (Nlss)(The U.S) and Bluberi Gaming Technologies (Canada) among others.
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Casino Marketplace System
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