14 Casino Industry Statistics & Trends 2024

The growth of the Global Casino Market is forecasted to reach $152.2 billion by the end of 2026, and the flourishing industry has attracted millions of gamblers worldwide.

The industry’s glitz and glamour hold positive and negative light for its patrons. This article shall discuss how addiction plays in Casinos and how it has thrived throughout its long history.

Discover the Casino Industry’s market size, reasons behind its growth, and critical information about Casino addiction through the relevant statistics below. 

Highlights of the Article

• The US is home to 2,157 in-land Casinos.
• The online gambling market increased by $9.83 billion from 2019 to 2022.
• The size of the Casino Industry and online gambling shifted from  $227 billion to $262 billion from 2020-2021.
• There was a decrease of 77,711 in gaming machines worldwide from 2020-2021.
• The first 5 opened Casinos worldwide are still in business.
• The value of worldwide Casinos is expected to grow at a CAGR rate of 5.14% in 2025.
• Sports Betting in Online in-land Casino’s annual revenue reached $4.78 billion in 2022.
• Only 8,490 gambling and casino addicts received treatment from National Gambling Treatment Services in 2021.

Casino Market Size Statistics

The massive growth of the Casino Industry heavily relies on world-class facilities and amenities. Some of the best casinos in the world are in Nevada, with a collective revenue of $14.8 billion in 2022.

Despite the social backlashes on the value of morality in Casinos – they provide job opportunities to almost 1.6 million workers globally. 

To learn more about the size, popularity, and expansion of Casinos worldwide – read the following statistics below. 

1. The US is home to 2,152 in-land Casinos in 2023. 

(World Casino Directory)

Unsurprisingly, Nevada has 360 fully operating casinos, offering world-class entertainment and thousands of Casino games.

Romania takes second place with 454 casinos. Canada comes in third with 216 casinos, and the Czech Republic follows closely with 423 casinos.

2. The online gambling and Casino markets increased by $9.83 billion from 2019 to 2022.

(Grand View Research)

The integration of the Internet and smartphones in the gambling scene heavily influenced the growth of the online gambling market to $63.53 billion in 2022 from $53.7 billion in 2019.

Legalized gambling in several states and countries, celebrity endorsements, easy access to online Casinos, and sponsorships from corporate parties have led to the market’s growth. 

Fun Fact

The birth of the online gambling industry can be traced back to the creation of Microgaming.

It was formed in 1994, introducing famous land-based casino games like Craps, Blackjack, Roulette, and Video Poker.

3. The global size of the Casino Industry and online gambling shifted from $227 billion to $262 billion from 2020-2021. 

(Statista)

There’s an increase of $35 billion in the global market size of the Casino Industry and online gambling in 1 year. 

The online gambling industry brought in $66.67 to the total industry revenue for 2020 and is expected to grow as gambling activities become accessible through mobile phones.

4. There was a decrease of 77,711 in gaming machines worldwide from 2020-2021.

(Statista)

The number of gaming machines worldwide in 2020 was 1,140,743 but was reduced to 1,063,032 in 2021; the decrease resulted from the pandemic.

The most popular gaming machine is Slots. Players are hooked with its potentially rewarding payout and the exciting Slot Machine Tournaments in brick-and-mortar casinos. 

5. The first 5 opened Casinos worldwide are still in business as of July 2023.     

 (Luxury Lifestyle Mag)

Besides the oldest Casino ever built – Casino di Venezia, four more breakthrough Casinos are still operational.

1. Casino di Venezia, Italy
2. Casino de Spa, Belgium
3. Kurhaus Casino of Baden-Baden, Germany
4. Casino de Monte Carlo, Monaco
5. The Golden Gate Casino, Las Vegas

Casinos used to attract aristocracy and artists, and this exclusivity is present now. They combine modern gambling with classical woodwork designs and crystal chandeliers. 

6. Table games in Macau were reduced by a total of 1,134 table games from 2019 to 2022.

(Statista)

Table games are one of the sought-after gambling activities in Macau casinos, but a decrease of 1,134 table games was observed from 2019 to 2022, mainly due to the COVID-19 pandemic.

In 2019, Macau Casino reported to have 6,739 Table Games but eventually dropped to 5,605 in 2022.

7. The value of Casinos worldwide is expected to grow at a CAGR rate of 5.14% in 2025.

(Globe Newswire) 

In the language of money, the market will grow from $6,247.75 million to $8,443.56 million from 2019-2025. 

The forecast is based on the ongoing changes in gambling laws in several states in America and countries and the integration of the Internet and technology in gambling.

8. From 2005 to 2022, the number of American Native Casinos built in the US has increased to 117.

(Statista, National Bureau of Economic Research)

American Native Casinos have increased from only 406 in 2005 to 523 in 2022. These Casinos have helped increase adult employment by 26% and put a decline in the working poor by a 14%.

The native casinos also produced positive changes to help bring young people and tribe members back to reservations, which means various social changes during their operation.

Statistics Behind Casino Growth and Trends

The casino industry thrives today because of the trends and critical drivers such as technology integration in the gambling world, various betting activities, and many more. 

Check out the most significant trends and growth that made the Casino Industry prosper. 

9. The age group that gambles the most online in Great Britain is 45 to 54-year-olds in 2021. 

(Statista)

Familiar faces you see in online Casinos are between 45-54 years old, with 32.8% based on a survey conducted in 2021. 

Most gamblers are 25-64 years old, and the age group that least participated in gambling during the survey period was 16-24. 

10. Sports Betting in Online in-land Casino’s annual revenue reached $4.78 billion in 2022.  

(Tribal Gaming and Hospital, Statista)

No other trend in retail and online Casinos has massive growth like Sports Betting, an increase of $44 million in revenue was observed during 2021-2022.

Currently, 33 states legally allow sports betting in the US. Below are the top 3 states with increasingly high monthly revenue in 2022. 

Fun Fact

One of the most successful gamblers in the world is Billy Walters because of Sports Betting, with a net worth of $250 Million.

He started betting as early as nine years old, and when he became an adult, he founded his own sports betting company in Los Angeles.

11. The iGaming revenue in Online Casinos rose to 20% from 2021 to 2022 from 6 states of America. 

(CDC Gaming)

One of the critical factors to the success of Online Casinos is the iGaming companies that develop interactive and accessible casino games on websites or mobile applications.

One of the biggest iGaming companies in the market is Yggdrasil, which specializes in creating slot games with Nordic Themes for several websites.

The iGaming revenue accumulated $412.5 million from the six US states in 2022—20% higher than in 2021. A key reason why the market is booming is the high-paying Bitcoin gambling trend. 

Below is the breakdown of the contribution of each state:

Casino Gambling Addiction Statistics

One of the reasons why the Casino Industry is frowned upon by society is the possibility that a person may develop gambling problems and addictions, which is undeniably true. 

However, the harm a person develops while playing varies depending on their background, financial capacity, etc.

Take a look at the most shocking statistics on Casino gambling addiction below.  

12. 36% of people with gambling problems worldwide play in land-based casinos, according to AGA Survey 2023. 

(Quit Gamble)

It’s undeniable how Casino entices gamblers to spend beyond their limit—almost a quarter of the world’s population with gambling problems admitted that they play in land-based Casinos. 

The same statistics show that 54% of Americans with gambling problems are playing in brick-and-mortar casinos than online and lottery. 

13. Only 8,490 gambling and casino addicts received treatment from National Gambling Treatment Services in 2021.

(Be Gamble Aware)

The severity of gambling problems remains unclear since the numbers rely on self-reporting. The consequences of being addicted to gambling are unimaginable. 

Most who succumb to gambling are in denial and often bring their families down with them, which in turn causes several other social problems.

Warning

Data reveals that an estimated 23 million Americans are in debt because of gambling. The average loss of casino addicts is around $55,000.

If you wish to save yourself from addiction, manage your bankroll and practice self-discipline when gambling.

14. Statistics show that people of Spanish descent ranked first with gambling problems in Illinois during the 2021 survey.

 (Quit Gamble)

Among all racial groups in Illinois, people of Spanish descent ranked first with gambling problems in 2021, with 7.3%, followed by Asian, Afro-American, and, lastly, White Americans. 

Gambling addiction can happen to anyone. Even legendary Power Forward, Charles Barkley, has admitted to losing more than $10 million to his habit.

Wrapping Up

The Casino industry has been flourishing due to the trends in gambling, providing easy access via mobile phones, offering virtual reality machines, and legalization in many parts of the world.

Even though Casinos are deemed immoral by the public, it’s undeniable that gambling in Casinos is an escape for some and a haven for people who are stressed and like to enjoy. 

Helpful Articles

After reading the key stats about the Casino Industry, it’s time for you to learn how to win big and put luck on your side when playing in Casinos.

If you want to play privately, discover some of the Casinos that do not require verification when withdrawing your winnings.