Gaming Industry: Industry Investments Move the Industry Forward
The global gaming industry reached new highs in 2024 as online products continued to drive growth in domestic markets, and traditional casino offerings experienced moderate gains. East Asian markets continued their recovery trendlines, moving toward pre-pandemic levels.
In 2024, the domestic gaming industry achieved record-breaking revenue of $71.9 billion, a 7.5 percent increase over 2023. This growth was driven by the sports betting and iGaming segments, which generated revenues of $13.7 billion (+25.4 percent year over year) and $8.4 billion (+28.7 percent), respectively. Traditional casino games (slots and table games) experienced modest growth in 2024, increasing revenues by 0.8 percent to $50.0 billion. Slot machine revenue, the largest segment of gaming revenue, totaled $36.1 billion (+1.6 percent year over year). Table game demand slipped last year, generating $10.1 billion, a 1.7 percent decrease from 2023.
READ THE FULL ARTICLE BY BRIAN R. GORDON IN THE SPRING 2025 EDITION OF GAMING & LEISURE MAGAZINE.