Authored By: Sarah
17 Oct 2024

Latest News: Electronic Table Games (ETG) Market is expected to grow by a CAGR of 8.1% during 2024-2028; Trends and Forecasts to 2018

The Electronic Table Games (ETG) Market is expected to grow at a CAGR of 8.1% to reach USD 1101.9 million by 2028. The Electronic Table Game (ETG) market represents a significant advancement in the gaming industry, offering players a more engaging and technologically superior experience. Fueled by the proliferation of "fixed-odds machines" and the corporate adoption of the Internet for online betting, ETGs have evolved to provide longer games with more objective payoffs. The studio-based setup, which caters to a younger demographic drawn to shared audio-visual experiences, has facilitated the revolutionized gambling experience. ETGs boast larger panels and accommodate a greater number of players, merging the convenience and speed of electronic gaming with the familiarity of traditional slot machines. Moreover, these games provide a high level of accuracy, as every player action is meticulously recorded, calculated, and analyzed using advanced player algorithms to ensure fair and precise payoffs. The ETG market's technological advancements and innovative features continue to captivate and attract a broad audience.

North America dominates the regional market because of The North American region is projected to lead the global Electronic Table Games (ETG) market due to several factors. These include a culturally accepting population towards casinos, relaxed regulations, and rising per capita incomes. The US, in particular, is expected to experience significant growth in gross gaming revenues from ETGs, driven by a tech-savvy and visually stimulated audience. Augmented Reality (AR) technology is also contributing to the market's expansion, offering players an immersive and interactive gaming experience. The region's market dominance is further reinforced by ongoing legislative changes and technological advancements.

There are various factors that drive the Electronic Table Games (ETG) Market market which are as following: The global Electronic Table Games (ETG) market is experiencing significant growth due to the increasing disposable income of populations, particularly in emerging economies. With rising disposable income, there is an enhanced capacity for leisure activities, including ETG. By the end of 2018, there were 679 million middle-class households in emerging countries, a figure projected to increase by 2.7% to reach 716.3 million by 2030. In contrast, developed countries had 176 million middle-class households in 2018, which is expected to increase by 6.3% to reach 190.6 million by 2030. Between 2019 and 2030, the number of households in developing nations with an annual disposable income of USD45,000 to USD100,000 is projected to increase by an average of 5%, representing a substantial market opportunity for ETG providers.

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Electronic Table Games (ETG) Market Segmentation

  • End-user
    • Casino
    • Gaming parlours
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • Middle East and Africa

The market witnesses several challenges, which are as follows In the dynamic and expansive Electronic Table Games (ETG) market, the issue of chargebacks and friendly fraud has emerged as a significant concern. With the widespread adoption of the Internet, the incidence of chargeback fraud has escalated, affecting game developers, casual video game producers, and online gaming service providers. Chargebacks occur when consumers, having engaged in legal online gambling activities, subsequently request their banks to reverse transactions due to regret or shame. This regrettable trend can lead to substantial financial losses for businesses, and undermines trust and credibility within the industry.

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Some of the key companies that have been profiled in the report include: 

  • Interblock dd
  • International Game Technology plc
  • IPG International
  • Jackpot Digital Inc.
  • NOVOMATIC AG
  • PlayAGS Inc.
  • Sand Hills Casino
  • Scientific Games LLC
  • Spintec d.o.o.
  • Tableswin S.r.l
  • Tangiamo Touch Technology AB
  • TCSJOHNHUXLEY
  • Weike Gaming Technology

Market Research Overview 

In the Electronic Table Games (ETG) Market, a Multi-Game Platform is a crucial component, ensuring a Casino Game Mix that caters to diverse player preferences. Random Number Generators (RNGs) underpin the fairness and integrity of these games, aligning with regulatory requirements. Online Casinos, offering ETGs, necessitate licenses for their operations. On-location casinos require an operating license, permitting specific gambling facilities, a premises license for fixed premises, and separate licenses for combined non-remote and remote activities. Personal management positions demand personal management licenses, while individuals performing specific functions necessitate personal functional licenses. These regulations safeguard the gambling landscape, maintaining fairness and deterring criminal activities. - The Electronic Table Games (ETG) Market is experiencing significant growth, fueled by the Increasing per capita income. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Market Research Analysis

The Electronic Table Games (ETG) Market encompasses a Casino Game Mix, including Blackjack, Roulette, and Baccarat, powered by Multi-Game Platforms and Random Number Generators. Online Casinos, Racetracks, Bars, and other establishments offer these Digital Innovations, providing User-friendly UIs, Interactive Elements, and Enhanced Gaming Experiences. Financial Benefits, such as Floor Space Utilization and Payout Management, attract Casino Management Systems and Traditional Gamblers. Skill-based Gaming, Virtual Reality, and Improved Graphics add to the excitement. Player Behavior Monitoring, Loyalty Programs, and Real-time Data Analysis are integral parts of the Gaming Sector's ongoing Digital Transformation.


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