Technavio, a leading market research company, has published research results according to which the global gambling market will cross the mark of $96 billion in 2021.
Experts of Technavio made predictions on the profitability of the world market of gambling technologies. According to data published in the report, this market will reach $96 billion by 2021.
Ujjwal Doshi, the Technavio’s representative, states:
“The weakening of government control over the gambling will be one of the key factors contributing to the growth of demand for gaming equipment.”
The main products of the gambling market in 2017 are expected to be casino tables, slot machines, chips, and video poker machines. It is worth noting that casino tables and slot machines accounted for over 50% of the market share in 2016.
Established in 2003, Technavio pursues research and analysis focusing on new market trends to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
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