Today: October 10, 2015, 4:31 pm

Global casino management systems market: $4.5 billion industry forecast by 2018
Casino Management Systems (CMS) Market: Global Advancements, Worldwide Market Forecasts & Analysis 2013-2018 - a new market research report on 2014-03-25 17:07:03
The global Casino Management Systems market is expected to grow from $2.21 billion in 2013 to $4.53 billion in 2018, at a CAGR of 15.4% during this forecast period.
Today, casinos are no longer a place for gambling only. Modern casinos are more similar to amusement parks which have slots, table games, restaurants, hotels, spas, and many more services. Now the sole purpose of casino visitors is not gambling only but both, gambling and/or enjoying the other services and ambience. All the visitors have different expectations from casinos and to serve them accordingly is not very easy. Some casinos have hundreds of slots and tables only for gambling purposes.
To manage these assets and to maintain the information flow and service level as per the expectation require a lot of efforts. IT solutions and services providers develop new systems to help casinos to manage their operations efficiently. These systems monitor the activities taking place on floor and provide real-time reports which helps in decision making.
Since in a casino a lot of money related transactions happen at the same time, it attracts gamblers to steal from the casino and it becomes prone to frauds, cheating, and stealing. To beat the casino systems, players with fraudulent intentions try newer methods. To prevent such cases, casinos invests huge sum of money to deploy security and surveillance systems. Casinos deploy various cameras; analyze player behavior, player´s history and relationships with casino staff. Casino market is one of the markets which implements technologies at a very early stage, as in military and defense. Casinos take help of technologies such as facial recognition, license plate reader, relationship analytics, and many more to avoid cases of frauds and stealing.
Since casinos have a huge number of software and hardware installations on the casino floor, they require networks to integrate these installations and sound communication to maintain the flow of information. As the new technologies are being adopted by casinos, gamblers try to beat the house with new technologies. It encourages IT solution providers to develop new feasible technological implementations. Post global recession, casinos are now again successful to lure more customers and hence revenues are increasing. New geographic markets with promising growth opportunities are also there. This entire scenario is beneficial for those vendors which provide IT systems, management systems, analytical solutions, and security and surveillance solutions.
The basic requirements of a casino is to manage its large databases, storing data in those databases, analysis of that data on requirement, and a safe and secure environment in casinos. Casinos´ revenue generating abilities depends on customer retention rather than new customer acquisition. That is why casinos require knowing all the information about their visitors and these management systems, analytical tools come into the picture.
Click for report details: ..
Browse all Information Technology Market Research Reports ..
Browse all Information Technology Company Profile Reports ..
Browse all Latest Market Research Reports ..
About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 667 Words
Related Articles
More From Finance
Credit-Yogi Recommends Reputable Debt Solution Companies To [..]
Many people who have poor credit don’t know what to do about it. They realize that their bad credit prevents [..]
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi .com Teaches Consumers How To Prevent [..]
Want to Halt Vehicle Repossession? Here’s How Sometimes things happen that end up leaving one in a financially strapped position. [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.