Industry News
Global Slot Machines Market Size in Focus: Envisioned at USD 13.4 Billion by 2030, At a CAGR Of 4.35% | Gambling Industry Evolution
Zion Market Research has published a new research report titled “Slot Machines Market By Machine Type (Single-Coin Slot Machines, Multiple-Coin/Multiple Payline Slot Machines, Buy-Your-Pay Slot Machines, Progressive Slot Machines, Multi-Game Slot Machines, Video/Touch-Screen Slot Machines, And Other Slot Machines), By Type (Digital And Mechanical), By Application (Casino And Other Applications), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030” in its research database.
“According to the latest research study, the demand of global Slot Machines Market size & share in terms of revenue was valued at USD 9.5 billion in 2022 and it is expected to surpass around USD 13.4 billion mark by 2030, growing at a compound annual growth rate (CAGR) of approximately 4.35% during the forecast period 2023 to 2030.”
What are Slot Machines? How big is the Slot Machines Industry?
Report Overview:
The global slot machines market size was worth around USD 9.5 billion in 2022 and is predicted to grow to around USD 13.4 billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.35% between 2023 and 2030.
To play a slot machine, a player typically places a coin, token, barcode, or one of several other types of currency in the machine’s designated slot before pulling the machine’s handle or pressing a button to cause the symbols to spin and reveal the possible outcomes. Slot machines are classified as gambling machines. The outcomes of slot machine games are decided by a random number generator, which is a computer programme with its foundation in mathematics. A random set of numbers is selected by the programme, and those numbers determine which symbols are put forward to produce winning or losing results. It is anticipated that the growing number of casinos around the world would accelerate the growth of the slot machine sector. One of the most important contributors to a casino’s bottom line is its selection of slot machines. These machines provide amusement not just in casinos but also in bars and nightclubs all over the world. The usage of slot machines is subject to government regulation and must be certified in order to meet the requirements of the industry. Japan, the United States of America, Italy, Germany, Spain, and Australia, amongst other countries, are some of the important countries that have the biggest number of slot machines.
Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2023 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 213+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2023
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Zion Market Research research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Global Slot Machines Market: Growth Factors
During the time period covered by this forecast, market expansion will be driven by the growing number of casinos located all over the world.
It is anticipated that the global market for slot machines will expand as a result of the expanding number of casinos located in various nations throughout the world. The casino industry has seen massive expansion over the course of the last several decades because to the rise of online gambling. Licenced casinos have been given the opportunity to expand into new areas as a result of the ongoing legalisation of activities related to gaming. A third factor that has contributed to the growth of the slot machine industry is the emergence of economies around the world that feature a sizeable number of casinos. According to Casino.org, which is an independent gaming authority, the WinStar World Casino & Resort in Oklahoma, which is located in the United States, was the largest casino in the entire world as of the year 2022. The gambling floor at the casino spans around 600,000 square feet. The Venetian Macao, China, was home to the world’s second-largest casino, which encompassed a total floor space of around 546,000 square feet.
The American Gaming Association projects that there will be 468 commercial casinos operating in the United States by the year 2022. This represents an increase from the previous projection of 466 units in 2021. Nevada (about USD 14,842 million), Pennsylvania (approximately USD 5,343 million), New Jersey (approximately USD 5,211 million), New York (approximately USD 4,228 million), and Michigan (approximately USD 3,258 million), amongst other states, will be some of the important states with the largest gross gaming revenue of casinos in 2022.
As of the year 2022, the European Casino Association (ECA) estimated that there were approximately 900 casinos spread throughout 28 nations in Europe. According to the European Gaming and Betting Association, the casino was the most important online gambling category in terms of revenue in 2022. This segment was responsible for around EUR 14.9 billion gross gaming revenue, which was an increase of approximately 9.56% year-on-year. Additionally, this segment represented approximately 39% of online gambling revenue share in Europe during the same year.
Policies implemented by governments and regulatory bodies within the gaming sector with the intention of restricting market expansion
Numerous nations throughout the world, including Qatar, the United Arab Emirates, Brunei, Cambodia, Singapore, Poland, and India, amongst a great number of others, have either partially or totally outlawed casinos and gambling establishments. Slot machines are ubiquitous throughout a casino’s gaming floor. The gaming industry is regulated in a variety of nations in accordance with their own local laws and agencies. For instance, commercial casinos and gambling are not permitted in India, with the exception of certain regions such as Goa, Sikkim, and Daman. After the Goa, Daman, and Diu Public gaming Act was signed into law in 1976, the state of Goa made the decision to legalise gaming. In addition, according to the rules set forth by the local regulatory organisations in the United Arab Emirates, gambling is expressly prohibited. Participation in any form of gambling activity can result in a hefty fine or a sentence to prison time according to the laws of the United Arab Emirates (UAE). In addition, according to the Government of Singapore, gambling is regulated in Singapore through stringent laws and regulations. This is done in order to maintain law and order and to minimise the potential harm that gaming could cause to society. Following the bill’s passage into law by the Singapore parliament in March 2022, the Gambling Control Act 2022 and the Gambling Regulatory Authority of Singapore Act 2022 went into force in the country in September 2022. Both of these pieces of legislation dealt with gambling in some capacity. It is anticipated that these laws will act as a barrier to the expansion of the slot machine sector.
Report Scope
| Report Attribute | Details |
| Market Size in 2022 | USD 9.5 billion |
| Projected Market Size in 2030 | USD 13.4 billion |
| CAGR Growth Rate | 4.35% CAGR |
| Base Year | 2022 |
| Forecast Years | 2023-2030 |
| Key Market Players | AGS LLC, Ainsworth Game Technology Limited, AMATIC Industries GmbH, Apollo Games, Aries Technology LLC, Aristocrat, Aruze Gaming America Inc., Eclipse Gaming, Everi Holdings Inc., IGT, Incredible Technologies Inc., Inspired Entertainment Inc., INTERBLOCK LUXURY GAMING PRODUCTS, Konami Gaming Inc., NOVOMATIC AG, Recreativos Franco S.A., Scientific Games, and UNIVERSAL ENTERTAINMENT. |
| Key Segment | By Machine Type, By Type, By Application, and By Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Purchase Options | Request customized purchase options to meet your research needs. |
Slot Machines Market: Segmentation Analysis
The market for slot machines around the world may be broken down into four distinct categories: the machine type, the type, the application, and the region.
The global market for slot machines can be broken down into several different groups based on the types of machines available. These divisions include single-coin slot machines, multiple-coin/multiple pay line slot machines, buy-your-pay slot machines, progressive slot machines, multi-game slot machines, video/touch-screen slot machines and other slot machines. Slot machines that accept numerous coins and have several pay lines currently have a dominant position on the global market. This is due to the fact that these machines have a greater potential for winning and produce more satisfying outcomes. IGT and Aristocrat are two of the most prominent names in the industry when it comes to the production of slot machines with numerous coins and several pay lines.
The slot machine industry can be broken down into two categories, digital and mechanical, depending on the games offered. In 2022, the digital sector held the lion’s share of the market share. Digital slot machines are gradually taking the place of traditional mechanical slot machines with reels that may be spun. In comparison to the traditional mechanical slot machines, modern digital slot machines are more appealing and catch the eye.
Casino applications make up one section of the worldwide market, while other applications make up the other segment. At the moment, the casino sector leads the pack in terms of revenue generated by slot machines. One of the most important aspects of a casino’s business that contributes to the vast majority of its revenue is the video slot machines. Casinos are more popular in countries where gaming laws are less stringent. The United States of America, Japan, and a few more nations are included in this group. It is anticipated that the steadily increasing per capita income in these countries will further strengthen the sector.
The global Slot Machines market is segmented as follows:
By Machine Type
- Single-Coin Slot Machines
- Multiple-Coin/Multiple Payline Slot Machines
- Buy-Your-Pay Slot Machines
- Progressive Slot Machines
- Multi-Game Slot Machines
- Video/Touch-Screen Slot Machines
- Other Slot Machines
By Type
- Digital
- Mechanical
By Application
- Casino
- Other Applications
Competitive Landscape
Some of the main competitors dominating the global Slot Machines market include –
- AGS LLC
- Ainsworth Game Technology Limited
- AMATIC Industries GmbH
- Apollo Games
- Aries Technology LLC
- Aristocrat
- Aruze Gaming America Inc.
- Eclipse Gaming
- Everi Holdings Inc.
- IGT
- Incredible Technologies Inc.
- Inspired Entertainment Inc.
- INTERBLOCK LUXURY GAMING PRODUCTS
- Konami Gaming Inc.
- NOVOMATIC AG
- Recreativos Franco S.A.
- Scientific Games
- UNIVERSAL ENTERTAINMENT
Key Insights from Primary Research:
- According to the analysis shared by our research forecaster, the Slot Machines market is likely to expand at a CAGR of around 4.35% during the forecast period (2023-2030).
- In terms of revenue, the Slot Machines market size was valued at around US$ 9.5 billion in 2022 and is projected to reach US$ 13.4 billion by 2030.
- The global slot machines market is projected to grow at a significant rate due to the increasing number of casinos, worldwide.
- Based on machine type segmentation, multiple-coin/multiple pay line slot machines were predicted to show maximum market share in the year 2022.
- Based on type, digital was the leading revenue generator in 2022.
- Based on application segmentation, casino was the leading revenue-generating application in 2022.
- On the basis of region, North America was the leading revenue generator in 2022.
Key questions answered in this report:
- What is the market size and growth rate forecast for Slot Machines industry?
- What are the main driving factors propelling the Slot Machines Market forward?
- What are the leading companies in the Slot Machines Industry?
- What segments does the Slot Machines Market cover?
- How can I receive a free copy of the Slot Machines Market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2023−2030
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Machine Type, By Type, By Application, and By Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Regional Analysis:
North America to lead the market during the forecast period
The global slot machines market growth is expected to be driven by North America, during the forecast period. The U.S. is the key revenue generator for the slot machine industry in the region. As per the American Gaming Association, total consumer spending on commercial casino gaming & sports betting in the United States reached USD 60.46 billion in 2022, registering a growth rate of around 14% compared to the previous year. Further, in the first five months of 2023, commercial gaming revenue reached around USD 27.59 billion, witnessing a growth rate of around 12.4% compared to the same period in the previous year. Specifically, in May 2023, slot machines generated USD 2.98 billion of revenue, up by 1.3%. Moreover, according to the American Gaming Association, total commercial casino direct gaming tax revenue in the United States reached USD 13.49 billion, witnessing a growth rate of around 15.3% compared to the previous year.
In Asia Pacific, countries such as Japan, Australia, and China are the key revenue generator in the regional slot machine industry. In Japan, slot machines are often called Pachinko or Pachislo. According to the National Police Agency, the number of pachinko parlors operating in Japan accounted for around 7.67 thousand in 2022, registering a decline rate of around 9.34% compared to the previous year. Most forms of gambling are banned in the country; however, pachinko is kept as an exception. In Japan, Pachinko parlors can be found all over the country and they are operated by private firms. In April 2023, Japan government approved a plan to build a casino in Osaka to attract tourists & related incomes. The casino is likely to be a part of an integrated resort facility. The casino is expected to come online by 2029.
In Australia, slot machines are often called Pokies. Globally, slot machines are found generally in casinos, however, in Australia, they can be found everywhere. The gambling industry or Pokies is legal & well-regulated in the country. Australia accounts for around 20% of the global gaming machines. New South Wales (NSW) accounts for the majority of the slot machines in clubs & hotels. According to the New South Wales (NSW) government, the number of electronic gaming machines in clubs, as of 30 November 2022, accounted for 64,444 units in the region. Moreover, in hotels, the number of electronic gaming machines, as of 30 November 2022, accounted for 22,428 units in the NSW region.
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
The Dutch Gaming Authority (KSA) launched a new awareness campaign to draw attention to the gambling stop. With the campaign “Pick up your life again, take a gambling stop,” KSA is aiming to increase attention to the risks of gambling and make the Cruks register more well-known.
Insights
The campaign is a follow-up to the pilot campaign from 2023. This pilot yielded many valuable insights, for example that more people are attracted to the word gambling stop. This name is therefore used in the new campaign.
Positive effect
The campaign focuses primarily on young adults who (possibly) no longer have their gambling under control. That is one of the reasons why the campaign is largely running via social media instead of traditional (mass) media. The focus is on the positive effect that a gambling stop has on the life of a person with gambling problems. The powerful moments of young people who pick up their lives again can be seen in online videos, social ads and social posts (Google, YouTube, Meta and Snapchat).
The post New KSA Campaign: Get Your Life Back on Track, Take a Gambling Break appeared first on European Gaming Industry News.
The European Gaming and Betting Association (EGBA) announced record-breaking results from its fourth annual European Safer Gambling Week, held 18-24 November. The initiative – which included a social media campaign and events programme – demonstrated the broader European sector’s strengthening commitment to safer gambling through new levels of participation and expanded geographic reach.
The campaign saw record engagement with 195 partners actively participating – a 20% increase from 2023. Eight national gambling authorities participated, more than double the previous year, by either joining the social media campaign or speaking at the various events.
The campaign’s reach also expanded significantly to 26 countries – a 30% increase from 2023 – with partners in Croatia, Serbia, Slovakia and Ukraine joining for the first time, reflecting the growing pan-European dimension of the campaign. This was helped by social media graphics being made available in the local languages of 27 countries.
The social media campaign reached 3.1 million users across Facebook, Instagram, LinkedIn and X platforms, generating 1169 social media posts – a 67% increase from the previous year.
A cornerstone of this year’s campaign was its comprehensive events programme, featuring 20 specialised events – an 11% increase from 2023. The events attracted record participation with 4500 registrations and 3000 attendees. Key discussions explored trends in AI, problem gambling prevalence reporting and innovations in safer gambling tools and messaging. The events featured 105 speakers, including senior representatives from gambling authorities in Belgium, Denmark, France and the UK.
The initiative builds on EGBA members’ year-round commitment to safer gambling, which in 2023 resulted in 67 million safety messages sent to their European customers. This dedicated week amplifies these ongoing efforts while encouraging greater collaboration between operators, regulators and harm prevention organisations.
“The success of this year’s edition reflects the sector’s deepening commitment to player protection. The significant increase in participation, especially from health organisations and regulatory authorities, demonstrates the common purpose and growing unity in our approach to safer gambling. Through this collaboration, we’ve reached a record number of Europeans with crucial safety messages during the campaign. Together, we’re making gambling safer and we already look forward to building on this success in next year’s edition,” said Maarten Haijer, Secretary General of EGBA.
The post EGBA: Record Participation As European Safer Gambling Week Expands to 26 Countries appeared first on European Gaming Industry News.
CT Gaming is going to participate in ICE Barcelona 2025, which will take place from 20 to 22 Jan 2025.
“It is always a pleasure to kick off the year at ICE. This year is particularly special as we explore a new location, which we anticipate will bring fresh connections and exciting opportunities,” said Biser Bozhanov, Director of Business Development and Strategies at CT Gaming.
Positioned at stand #3C56, CT Gaming will present an impressive lineup of its signature products alongside exciting new additions, including the multigame Diamond King 4.
“We are eager to showcase our latest offerings and engage with clients, colleagues, and industry professionals to gather their valuable feedback. This year’s selection is a strong testament to CT Gaming’s enduring legacy and commitment to excellence,” added Bozhanov.
Among the products displayed at stand #3C56 will be the slot cabinet NEXT, known for its ultimate comfort and functionality. This cabinet comes with 27″ or 32″ high-definition screens, an optional premium stand, a USB phone charger, a bill validator with a stacker and an enlarged CMS panel for seamless operation. Other representatives from the slot cabinet family are EZ Modulo 32/32/32 and EZ Tower. Both of these cabinets combine sleek designs with advanced technology set to deliver an unparalleled gaming experience.
Alongside the slot cabinets, the company will showcase its staple multigame titles, such as Diamond King 3, Mermaid’s Quest, Tower Link and the newest addition to the multigame portfolio – Diamond King 4. With 40 exciting games, 20 of which are linked to a progressive jackpot, the multigame takes player engagement to new heights. Unlike previous versions, players can now win any of the three jackpot levels directly from the base game, while the cascading white and pink diamonds promise thrilling rewards at every turn. Designed with the next generation of players in mind, Diamond King 4 features enhanced graphics, modern themes and an immersive experience that’s perfectly in sync with today’s gaming landscape. The newly conceptualized linked progressive jackpot, Diamond Tree Deluxe, presents an elevated reward experience with its upgraded features.
Last but not least, CT Gaming will unveil the latest updates to its Casino Management System – Rhino, designed to enhance operator functionality and player engagement.
The post CT Gaming to Participate in ICE Barcelona 2025 appeared first on European Gaming Industry News.
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