Casinos are facilities that offer customers various forms of gambling activities, such as poker, craps, bingo, Sports Betting baccarat, big six wheels, and slot machines. They also provide amenities like restaurants, motels, and live entertainment to enhance their visitors’ overall experience. The casino market includes revenues earned by providing these games and services, as well as the value of related goods sold by the service provider or Sports Betting included within the service offering.

Market Overview

The global casino market is expected to grow from $99.87 billion in 2022 to $145.92 billion in 2023 at a compound annual growth rate (CAGR) of 46.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and sports betting affecting many markets across the globe.