Casino Management System Market Synopsis

Casino Management System Global Market was valued at USD 3-4 billion in 2017 and is estimated to reach market value of USD 7-8 billion by 2023 growing with 12-13 % CAGR during forecast period 2019-2023

Casino management systems are the set of tools and solutions used to control casino operations from reception & desk management to the final assessments. Slot management, cash desk operations, ticketing, players & visitors tracking, self-service cash desk, and slot machines credit management are the major functionalities of casino management systems.

Advancement in technology has make the casinos operations more efficient and more cost effective. Advent of IoT has resulted into integration of connected IT assets which are helping casino’s operators to build an open channel of communication with the players and can monitor & analyze their customers based on their behavior which further supports them in strategizing their business operations and to execute them more effectively. Customer retention is one of the major concern of casinos to generate more revenue rather than building new customer portfolio.

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Increasing demand of security solutions to monitor and detect suspicious activities in a casino, development in gaming industry, and increasing disposable income of citizens in developing nations are some of the prime factors which are expected to drive the market growth in coming years. However, stringent government norms & regulations is one of the major factors restraining the market growth in coming years. Whereas, cyber-threats are the biggest challenge faced by the casino industry. However, government initiatives to build casino houses in developing nations such as Japan and Philippines are expected to be a fruitful opportunity for casino owners to penetrate into these markets.

Casino Management System Market Key Players

Market Research Future has identified following key players in Casino Management System market- Advansys, Agilysys, Avigilon, Bally Technologies, Bluberi Gaming Technologies, Ensico Gaming D.O.O., Hconn, Honeywell, International Game Technology, Konami, Lodging and Gaming Systems (Lgs) Micros Systems, Next Level Security Systems (Nlss), Tcsjohnhuxley, Wavestore, and WIN Technologies Limited.

Casino Management System Market Industry News

July 2018, Japanese parliament has passed a bill giving permission to three Macau casino operators to set up their business in the country. These three players are Melco Resorts & Entertainment (MLCO), Wynn Resorts (WYNN) and Las Vegas Sands (LVS).

April 2018, Banker’s Toolbox, Inc. introduced a casino anti-money laundering software named as “BAM Casino”. The new software suite can detect suspicious activites in the casinos, can manage alerts to SAR and CTR processes. It can also be used as nalytics and customizable reporting tools by the casino operators.

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Casino management system market trends:

AI in Casino Management:

Developing artificial intelligence technology is slowly penetrating into every possible segment of the market. Integration of artificial intelligence technology is expected to improvise the potential of surveillance systems in a casino. With the support of facial recognition system and other biometric systems, casino owners can increase basic security in their premises.

Blockchain in Casino Management:

Blockchain can transformed a casino into a decentralized system where third party will not be allowing to interrupt or manipulate the game. Every game will be played fairly and transparently. The decentralized system of casino will also be expected to ensure the safety of funds as due to strict rules of blockchain industry, it will be very difficult for casino investors to do any kind of fraud with the funds.

Casino Management System Market Segmentation

The global Casino Management System market is segmented into component, application and region.

By component, the market is segmented into security & surveillance, slot machines, PoS terminals among others. Security & surveillance segment is further sub-segmented into Analogue Cameras, IP cameras, DVR & NVR, Video Recorders, Surveillance Software, Access Control, and Alarm Systems among others.

By application, the market is classified into security & surveillance, analytics, accounting & cash management, tracking and monitoring, human resources, among others.

By region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the world.

Casino Management System Market Regional Analysis

Market Research Future (MRFR) has covered following countries in regional analysis - U.S, Canada and Mexico Casino Management System market in North America. Germany, U.K, France, Spain, and Italy Casino Management System market in Europe. China, Japan, India, Philippines, and Singapore, in Asia-Pacific. The Middle East & Africa and Latin America Casino Management System market in the Rest of the world.

North America is leading the Casino Management System market in 2017, followed by Europe, and Asia-Pacific respectively. Technological advancement, developed infrastructure, developed network infrastructure, and government support to casinos are some of the major factors supporting the matured casino market in North America. Whereas, Asia-Pacific Casino Management System market is projected to grow with highest CAGR during forecast period 2018-2023. China, India, Japan, Philippines and Singapore are the highly potential market for casino management systems in the region.

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.3 Research Objectives

2.4 Markets Structure

3 Research Methodology

Continued…

LIST OF TABLES

Table 1 Casino Management System Market, By Region, 2018–2023

Table 2 North America: Casino Management System Market, By Country, 2018–2023

Table 3 Europe: Casino Management System Market, By Country, 2018–2023

Continued…

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LIST OF FIGURES

FIGURE 1 Global Casino Management System Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of Global Casino Management System Market

Continued…

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