Market Size of North America Casino Gambling Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 103.54 Billion |
| Market Size (2029) | USD 142.44 Billion |
| CAGR (2024 - 2029) | 6.68 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
North America Casino Gambling Market Analysis
The North America Casino Gambling Market size is estimated at USD 103.54 billion in 2024, and is expected to reach USD 142.44 billion by 2029, at a CAGR of 6.68% during the forecast period (2024-2029).
Gambling's rising popularity and the abundance of online gambling platforms are the main factors driving the North American casino gambling market. The United States accounted for most of the market share in North America. The industry is also heavily regulated, with strict laws and regulations governing gambling activities in most countries.
The casino gambling market in North America is expected to grow in the coming years, driven by the increasing popularity of gambling and the rise of online gambling platforms. However, the industry will continue to face challenges related to regulation, competition, and the impact of external factors such as pandemics and economic downturns.
The COVID-19 pandemic significantly impacted the casino gambling industry, with many land-based casinos forced to shut down or operate at reduced capacity. However, online gambling platforms experienced a surge in demand as people looked for alternative ways to gamble from their homes. Post-COVID-19 online casino gambling is dominating the market by registering higher penetration among users in North America.
North America Casino Gambling Industry Segmentation
A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shops, cruise ships, and other tourist attractions. This report aims to provide a detailed analysis of the North American casino gambling market. It focuses on the market dynamics, emerging trends in the segments and regional markets, and insights into the various product and application types. Also, it analyzes the key players and the competitive landscape.
The North American casino gambling market is segmented by type (live casino, baccarat, blackjack, poker, slots, and other casino games) and by geography (USA, Canada, and the rest of North America).
The report offers market size and values in USD during the forecast period for the above segments.
| By Type | |
| Live Casino | |
| Baccarat | |
| Blackjack | |
| Poker | |
| Slots | |
| Others Types |
| By Geography | |
| United States | |
| Canada | |
| Rest of North America |
North America Casino Gambling Market Size Summary
The North American casino gambling market is experiencing significant growth, driven by the increasing popularity of gambling and the proliferation of online platforms. The United States holds a substantial portion of the market share, with the industry being heavily regulated to ensure compliance with strict laws. The market is poised for further expansion as online gambling continues to gain traction, offering convenience and accessibility to users through internet-connected devices. The COVID-19 pandemic accelerated the shift towards online gambling, as land-based casinos faced closures and restrictions, leading to a surge in demand for digital alternatives. Technological advancements, such as improved graphics and enhanced storage capabilities, have made mobile gambling more appealing, contributing to the market's growth.
In Canada, the casino gambling industry is overseen by the Canada Commission, with individual provinces enacting and enforcing laws related to gambling activities. Canadians engage in various forms of gambling, including online poker and sports betting, with a notable preference for United States-based sporting events. The market is characterized by a high level of fragmentation, with regional and global players like 888 Holdings PLC, MGM Resorts International, and DraftKings actively participating. Mergers and acquisitions are a key strategy for major players seeking to expand their presence and enhance their brand portfolios. The market's growth is further supported by the increasing use of mobile apps for placing bets, highlighting the potential for continued expansion in the coming years.
North America Casino Gambling Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Internet Penetration is Driving the Market
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1.3 Market Restraints
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1.3.1 Government Regulations are Restraining the Market
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1.4 Market Opportunities
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1.4.1 Technological Advancements will Create Opportunities to New Entrants
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1.4.2 Legalization of Gambling in New Regions is Creating Opportunities to New Entrants
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1.5 Insights on Technological Innovations in the Market
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1.6 Insights on Industry Policies and Government Regulations on the North America Casino Gambling Market
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1.7 Industry Attractiveness: Porter's Five Forces Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Buyers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitutes
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1.7.5 Intensity of Competitive Rivalry
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1.8 Impact of COVID 19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Live Casino
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2.1.2 Baccarat
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2.1.3 Blackjack
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2.1.4 Poker
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2.1.5 Slots
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2.1.6 Others Types
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2.2 By Geography
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2.2.1 United States
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2.2.2 Canada
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2.2.3 Rest of North America
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North America Casino Gambling Market Size FAQs
How big is the North America Casino Gambling Market?
The North America Casino Gambling Market size is expected to reach USD 103.54 billion in 2024 and grow at a CAGR of 6.68% to reach USD 142.44 billion by 2029.
What is the current North America Casino Gambling Market size?
In 2024, the North America Casino Gambling Market size is expected to reach USD 103.54 billion.
