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Casino Gaming Market to Grow by USD 43.3 Billion (2024-2028) as Customer Spending Power Increases; AI-Driven Market Transformation Report – Technavio

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NEW YORK, Oct. 30, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global casino gaming market size is estimated to grow by USD 43.3 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 3.2% during the forecast period. Growth in spending capability of customers is driving market growth, with a trend towards increasing use of social media marketing. However, difficulties in securing online payments poses a challenge.Key market players include Abbiati Casino Equipment S.r.l., ADP GAUSELMANN GMBH, AMATIC Industries GmbH, APEX pro gaming s.r.o, Aristocrat Leisure Ltd., Caesars Entertainment Inc., Eclipse Gaming Systems, Everi Holdings Inc., Incredible Technologies Inc., Interblock dd, International Game Technology plc, Jackpot Digital Inc., Konami Group Corp., Light and Wonder Inc., NOVOMATIC AG, PlayAGS Inc., Pockaj d.o.o., Rye Park LLC, TCSJOHNHUXLEY, and Universal Entertainment Corp..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Land-based casino gaming and Online casino gaming), Product (Slot machines, Lottery ticket machines, Electronic roulette, Multiplayer game stations, and Gaming servers), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

Abbiati Casino Equipment S.r.l., ADP GAUSELMANN GMBH, AMATIC Industries GmbH, APEX pro gaming s.r.o, Aristocrat Leisure Ltd., Caesars Entertainment Inc., Eclipse Gaming Systems, Everi Holdings Inc., Incredible Technologies Inc., Interblock dd, International Game Technology plc, Jackpot Digital Inc., Konami Group Corp., Light and Wonder Inc., NOVOMATIC AG, PlayAGS Inc., Pockaj d.o.o., Rye Park LLC, TCSJOHNHUXLEY, and Universal Entertainment Corp.

Key Market Trends Fueling Growth

Casino operators, both online and offline, are utilizing social media marketing strategies to attract customers due to the widespread use of smartphones and improved Internet connectivity. Social media platforms like Facebook, Twitter, Pinterest, Instagram, and YouTube are popular among consumers, who spend an hour to 3-4 hours daily on these sites. Social media marketing offers fewer restrictions compared to traditional methods, making it an effective advertising and brand promotion tool for casinos. Vendors employ strategies such as showcasing winning stories, introducing offers, emphasizing the fun and easy aspect of casino gambling, and creating brand engagement. Social media marketing objectives include raising awareness, encouraging new users, and engaging with consumers. Despite limited restrictions for responsible gambling messages, this approach positively impacts the casino gaming market, increasing user engagement and market growth during the forecast period. 

The Casino Gaming Market is experiencing significant growth due to the legalization of casinos in emerging economies and the rising disposable income of consumers. This industry includes various offerings such as gaming machines like slot machines, video poker machines, and electronic gaming machines, as well as table games like poker, craps, and blackjack. Advanced technologies like virtual reality (VR) and augmented reality (AR) are trending, offering gaming experiences. Mobile gaming and portable equipment are popular, with online gambling platforms and cryptocurrencies gaining traction. Skill-based gaming, including poker, is attracting casual and avid gamblers alike. Stringent regulations and high initial investments pose challenges, but industry reports indicate continued growth. Land-based casinos and online casinos both thrive, with jurisdictions implementing various laws and regulations, including age restrictions. Direct sales of gaming equipment and touch screens with multi-line displays and progressive jackpots are common features. Internet penetration and smartphone usage drive the market, with regulatory challenges and licensing requirements ongoing. 

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Market Challenges

The global casino gaming market relies heavily on secure payment processing for credit and debit cards to maintain customer trust and confidence. Compliance with the Payment Card Industry Data Security Standard (PCI DSS) is essential for securing cardholder data and reducing financial fraud. However, the risk of financial fraud and hacked cards poses a significant challenge to the market’s growth. While some casino gaming companies can afford external digital security services, others may not have the budget for such investments. As a result, securing online payments remains a critical concern for the casino gaming industry, which could potentially hinder market expansion during the forecast period.The Casino Gaming Market faces several challenges in the current business landscape. Cryptocurrencies are gaining popularity among avid gamblers, requiring casinos to adapt and integrate this technology. Skill-based gaming is on the rise, making it essential for casinos to offer more of these types of games. Poker, Slot machines, and Video poker machines remain popular, but Casual gamblers and Dabblers prefer Digital table games and Mobile-compatible slot machines. Industry reports indicate that Internet penetration and Smartphones are driving the shift towards Online casinos. Regulatory challenges, including Licensing requirements, Jurisdictions, and Laws and regulations, pose significant hurdles. Age restrictions, Touch screens, and Multi-line displays are essential features for engaging Gambling enthusiasts and Lottery loyalists. Casinos must also contend with the rise of Virtual slot machines and Electronic games, as well as the increasing popularity of Cruise ships, Tourist attractions, and Social exuberant games like Craps, Lottery, Roulette, and Blackjack. Personal disposable income and Block chain technology are also crucial factors in the Casino gaming type. Regardless, the industry continues to evolve, offering an immersive gaming experience for all, from the Unengaged to the Social exuberant.

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Segment Overview 

This casino gaming market report extensively covers market segmentation by

Type 1.1 Land-based casino gaming1.2 Online casino gamingProduct 2.1 Slot machines2.2 Lottery ticket machines2.3 Electronic roulette2.4 Multiplayer game stations2.5 Gaming serversGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Land-based casino gaming- The land-based casino gaming market has long been a significant contributor to the global casino industry, providing entertainment through traditional games such as blackjack, roulette, poker, and craps. Land-based casinos remain popular destinations for tourists, offering an unparalleled atmosphere with neon lights, slot machine sounds, and social interaction. However, the industry faces competition from online gaming. While some land-based casinos have lost revenue due to this shift, they have responded by introducing new attractions, luxurious amenities, and expanding their properties to remain competitive. The land-based casino gaming segment is expected to experience moderate growth during the forecast period.

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Research Analysis

The Casino Gaming Market is experiencing significant growth due to the legalization of casinos in various regions and the rising disposable income of consumers. High-quality gaming equipment, including gaming machines like slot machines, video poker machines, and electronic gaming machines, are in high demand. Advanced technologies such as virtual reality (VR) and augmented reality (AR) are revolutionizing the industry, providing gaming experiences. Mobile gaming and online gambling platforms are also gaining popularity, with mobile-compatible slot machines and touch screens becoming standard. Cryptocurrencies are being adopted for transactions, adding convenience and security. Skill-based gaming, including poker, is attracting a new demographic. Industry reports indicate that emerging economies are driving growth, but stringent regulations and laws and regulations must be navigated. Internet penetration is expanding access to online casinos, while multi-line displays and progressive jackpots add excitement to land-based casinos. Overall, the casino gaming market is evolving rapidly, offering endless opportunities for innovation and growth.

Market Research Overview

The casino gaming market encompasses a wide range of offerings, including casinos, gaming machines such as slot machines, tables like poker, craps, roulette, and blackjack, and various forms of legalization. The market is driven by rising disposable income and the growing popularity of casinos as recreational activities in emerging economies. However, stringent regulations and high initial investment pose challenges. Advanced technologies like virtual reality (VR), augmented reality (AR), mobile gaming, and portable equipment are transforming the industry. Online gambling platforms, cryptocurrencies, and skill-based gaming are also gaining traction. Casinos come in various forms, including land-based and online, with slot machines, video poker machines, electronic gaming machines, and touch screens featuring multi-line displays and progressive jackpots. Casual gamblers and avid gamblers, dabblers and gambling enthusiasts, social exuberants and the unengaged, all find their place in this diverse market. Industry reports provide insights into trends, regulatory challenges, licensing requirements, jurisdictions, and laws and regulations, including age restrictions and mobile-compatible slot machines. Digital table games, lottery, and cruise ships are other significant areas of growth. Block chain technology is also being explored for its potential in enhancing security and transparency. Overall, the casino gaming market offers gaming experience for a global audience.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeLand-based Casino GamingOnline Casino GamingProductSlot MachinesLottery Ticket MachinesElectronic RouletteMultiplayer Game StationsGaming ServersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Laifen Expands U.S. Retail Footprint with Costco Launch of Best-Selling SE Hair Dryer

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31 minutes ago

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July 18, 2026

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Starting July 18, Costco Members Can Shop Laifen’s Award-Winning Hair Dryer in Select Warehouse Locations Across the U.S.

NEW YORK, July 18, 2026 /PRNewswire/ — Laifen, ranked the world’s No.1 high-speed hair dryer brand, today announced the launch of its best-selling SE High-Speed Hair Dryer at select Costco warehouse locations, marking the brand’s largest U.S. retail expansion to date and bringing its award-winning haircare technology to Costco members across select U.S. markets.

The launch brings Laifen’s award-winning haircare technology to Costco, making it easier for consumers to experience the brand through one of the nation’s leading membership retailers. Laifen joins Costco’s growing portfolio of premium beauty and personal care brands. The initial rollout includes select Costco warehouse locations across the United States, with a strong presence across the Western U.S., including California, the Pacific Northwest and the Southwest.

Costco’s reputation for quality and its highly selective merchandising approach make this partnership especially meaningful. The Costco launch reflects Laifen’s continued expansion beyond direct-to-consumer channels as the brand accelerates its U.S. omnichannel retail strategy. “Costco represents an important milestone in our U.S. retail strategy,” said Romeo, General Manager of International Business of Laifen. “As more consumers seek salon-quality performance at an accessible price, we’re excited to make Laifen available through one of America’s most trusted retailers.”

Engineered to deliver professional-level performance in a sleek, lightweight design, the Laifen SE is powered by the brand’s proprietary high-speed brushless motor, delivering fast drying, reduced heat damage and smoother styling. An intelligent temperature control system continuously monitors airflow to help minimize frizz while protecting hair from excessive heat.

The Costco launch represents the next phase of Laifen’s U.S. retail expansion as the brand continues to grow beyond its direct-to-consumer and online channels. By expanding into one of the nation’s most trusted retailers, Laifen aims to broaden access to its category-disrupting haircare solutions while advancing its mission to bring more thoughtful design and everyday excellence into more homes.

The Laifen SE High-Speed Hair Dryer in White will be available at select Costco locations, while Costco.com shoppers will have access to additional color options including Purple and Pink, alongside the White model.

For more information on Laifen, please visit LaifenTech.com.

About Laifen: 

Founded in 2019, Laifen is a global personal care technology brand combining high-performance engineering with modern design across hair care, oral care, and grooming categories. Ranked the world’s No. 1 high-speed hair dryer brand by Euromonitor International, Laifen first gained recognition for its self-developed 110,000 RPM high-speed brushless motor, the proprietary technology behind its award-winning hair dryers.

Building on this innovation, Laifen has expanded its portfolio to include electric toothbrushes and shavers, delivering premium technology and elevated everyday experiences to consumers worldwide. Today, Laifen products and accessories are used by over 22 million households across more than 60 countries, supported by more than 600 patents and recognized with over 50 international design and innovation awards. Driven by continuous technological breakthroughs, Laifen is committed to making cutting-edge personal care technology more accessible to consumers around the world.

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SOURCE Laifen

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Technology

Pillsbury Notice of Data Breach

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4 hours ago

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July 18, 2026

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NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html. 

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

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From Remote Racing to Embodied AI: Fibocom and Intedigo Bring 5G Bidirectional Data Transmission into Real-World Applications

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5 hours ago

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July 18, 2026

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SHANGHAI, July 18, 2026 /PRNewswire/ — From July 17 to 20, Fibocom and Intedigo will jointly present a cross-regional, beyond-visual-line-of-sight (BVLOS) teleoperation demonstration at Booth H3-C408 during the World Artificial Intelligence Conference (WAIC) 2026. Visitors will be able to enter a remote driving cockpit and control a real race car located at HURA PARK in Jiading, Shanghai, steering, accelerating, and braking in real time while experiencing how 5G connectivity enables remote operation.

More than an immersive driving experience, the demonstration provides a live validation of 5G bidirectional data transmission for embodied AI teleoperation. The vehicle continuously sends live track video, vehicle status, and operating data to the remote cockpit, while control commands are transmitted back to the vehicle, creating a closed-loop teleoperation system. Stable, low-latency, and highly reliable connectivity is essential for high-dynamic maneuvers such as high-speed cornering, precision braking, and continuous lane changes.

Developed by Intedigo, the remote driving system connects a real race car with an immersive remote driving cockpit. It supports 1080p@60Hz video transmission, glass-to-glass (G2G) video latency of less than 80 ms, and control latency of less than 10 ms. The demanding racing environment magnifies differences in video continuity and control responsiveness, making communications performance directly perceptible, measurable, and verifiable.

At the joint demonstration, Fibocom’s FM160 5G module provides cellular connectivity for the system. Powered by the Qualcomm Snapdragon™ X62 5G Modem-RF System, the FM160 supports SA and NSA network architectures as well as 3GPP Release 16. On the downlink, it supports NR Carrier Aggregation (NR CA) with bandwidth of up to 120 MHz, delivering peak speeds of up to 3.5 Gbps in NSA mode and 2.5 Gbps in SA mode. On the uplink, it supports UL MIMO and delivers peak speeds of up to 900 Mbps in SA mode. These capabilities support the continuous transmission of HD video and vehicle status data, along with reliable delivery of control commands.

As embodied AI moves into factories, data centers, logistics operations, and industrial parks, robots are becoming increasingly capable of performing tasks autonomously. Yet complex environments, unexpected events, and edge cases still require Human-in-the-Loop (HITL) remote intervention to help ensure safe and reliable operation.

Daniel Liu, CEO of Intedigo, said:

“5G represents the pinnacle of human communications and the starting point of machine communications. In the past, communications connected people to people; in the future, they will connect people to robots and robots to robots. Remote racing is simply the easiest entry point for people to understand this concept. What we are truly validating is a communications system capable of supporting remote collaboration for embodied AI. HURA makes low-latency remote driving a tangible experience, while RoBOX extends this capability to robots and a broader range of intelligent terminals. Together with Fibocom, we hope to enable more machines to receive remote assistance whenever needed while remaining continuously connected and operating reliably.”

Simon Tao, VP of Wireless Solutions Business Group and General Manager of MBB BU at Fibocom, said:

“As embodied AI enters real-world industrial environments, reliable connectivity will become the foundation for telemetry feedback, remote control and operational management. Fibocom’s 5G solutions, represented by FM160, provide the cellular connectivity required for continuous on-site data transmission and reliable control command delivery. Fibocom will continue collaborating with ecosystem partners such as Intedigo to bring cellular connectivity to more robots, autonomous machines and mobile intelligent terminals, enabling embodied AI systems to stay continuously connected and respond reliably in real-world applications.”

From remote race cars to robots, unmanned equipment, and mobile intelligent terminals, 5G is evolving from connecting people to connecting machines. This joint demonstration makes the capabilities of 5G bidirectional data transmission directly perceptible, experiential, and verifiable, helping pave the way for embodied AI to scale across real-world applications.
 

About Fibocom

Fibocom, founded in 1999, is China’s first wireless communication module company listed on both the A-share and H-share markets (300638.SZ, 0638.HK). As a global leading provider of wireless communication modules and AI solutions, Fibocom leverages wireless communication and artificial intelligence as its core technologies to provide integrated hardware and software solutions that empower industry applications. These solutions accelerate the transformation from “Connect Everything” to “Intelligent Connectivity” across diverse industries.

Fibocom’s one-stop solutions encompass cellular communication, AI, automotive, and GNSS modules, as well as AI toolchains, supporting industry-side and mainstream large model integration, and providing AI Agent, global connectivity, and cloud services, driving the digital intelligence upgrades in industries such as robotics, consumer electronics, low-altitude economy, intelligent transportation, smart retail, and smart energy.

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SOURCE Fibocom Wireless Inc.

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