× Gambling News In-Depth iGaming Calendar Connections GI Friday Trafficology GI Magazine
GGA 2020 AffiliateCon
NEWS 26 January 2016

US casino market to hit $93bn by 2020

By Edward Obeng
A report published by market research company Technavio has predicted that the US gaming market could see revenues rise as high as $93bn by 2020.

The study highlighted a number of reasons behind this growth, including increased tourism, economical benefits and market expansion.

Technavio’s leading market analyst Faizan Akthar believes that one factor behind the expected moderate growth is that casinos are integrating with luxury hotels to offer more entertainment choices as a way of attracting customers.

“The US is one of the few countries that allow advertisements for casinos, thus encouraging local level marketing by casinos.

“This strategy has increased the number of tourists interested in gambling in the country,” he added.

Another factor that supports growth is the increasing market for online gambling. Online gambling has provoked a mixed reaction in the US with many regulators opposed to the idea. Only a small number states such as New Jersey, Nevada and Delaware have chosen to legalise it to date, but if this situation changes outlooks for the industry could be significant.

In a press release, Technavio revealed that online gambling grew approximately 212% in revenue last year, and is expected to gain further growth in the coming years as many states consider following New Jersey and Nevada’s lead in legalising the practice further.

London-based Technavio employs circa 300 analysts globally who specialise in customised consulting and business research assignments across leading edge technologies. Analysts obtain information using a combination of bottom-up and top-down approaches, in addition to using in-house market modelling tools and proprietary databases.

Technavio is a leading market research company with global coverage. Our research and analysis focuses on emerging market trends to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Read the full report here: http://www.technavio.com/report/usa-gaming-casino-gaming-market
IN-DEPTH 18 February 2020
A decade to remember

Systems and Software
We have partnered up with deVRealm in a joint venture for the development of new gambling technology platforms. The primary ...
1xPartners is the innovative and exciting affiliate program offered by 1xBet, one of the world's leading sportsbooks and casinos. Offering ...
Newgioco Group
Systems and Software
Newgioco Group, Inc. (OTCQB:NWGI) is a premier leisure betting technology company providing regulated online and land-based gaming and sports ...
Digital Isle of Man
Legal and Jurisdictions
Digital Isle of Man is responsible for the thriving Digital sector in the Isle of Man, spanning the Island's international ...
PR and Marketing
ActiveWin has ripped up the rulebook on the traditional agency prototype. Our model is based on performance - as you ...
Global Gaming Awards
Industry Awards
The Global Gaming Awards London recognise the most innovative companies and individuals of the gaming world. The Awards are powered ...
Systems and Software
BetConstruct is a global award-winning technology and services provider for online and land-based gaming industry. BetConstruct's innovative and proven offerings ...
Systems and Software
NSoft is an award - winning internationally recognized software solutions provider for betting industry. The company has more than 200 employees ...
Zimpler provides a complete In and Out payment solution for online services. That means we take care of identifying the ...
Systems and Software
The Leading iGaming Software Supplier in Asia