The global casinos and gambling market size is estimated to grow by USD 132.17 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 10.43% during the forecast period. Increasing popularity of online gambling is driving market growth, with a trend towards increasing use of social media marketing by casino operators. However, socio-economic impact of casinos poses a challenge. The Casino Gaming Equipment Market size was valued at USD 13.13 Billion in 2023, according to the SMR analyst. The total Casino Gaming Equipment revenue is expected to grow at a CAGR of 5% from 2024 to 2030, reaching nearly USD 18.48 Billion by 2030. FILE PHOTO: Visitors walk past the Casino Lisboa operated by SJM in Macau, China. REUTERS/Lam Yik Social media mark...
Read MoreDay: July 20, 2024
Kerala Tourism has won the coveted Pacific Asia Travel Association (PATA) Gold Award 2024 for its online contest ‘Holiday Heist’ in Digital Marketing Campaign category, marking a big endorsement of its innovative initiatives to attract visitors. ‘Holiday Heist’, the month-long ground-breaking campaign was launched in July 2023 to woo tourists through an engaging and thrilling bidding game on the Tourism Department’s WhatsApp ChatBot Maya. Right from the start, it turned out to be a resounding success with travellers from across the country making a whopping 80,000 bids to visit the state’s prime destinations at unbelievably low prices. The bidding game, conducted in July 2023, also generated over 45 million impressions besides amassing a formidable 13 million plus video views. ...
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