Slot machines continue to be a prominent feature in Nevada casinos, characterized by their bright lights and distinctive sounds. In 2025, these machines were a significant source of income, accounting for $10.7 billion in revenue across Nevada. This figure represented nearly 68 percent of the state's total gaming revenue of $15.8 billion that year. Nationwide, slot machines contributed $91 billion to the U.S. casino industry in 2025, making up half of the reported $182 billion total. These statistics were released by the Gaming Control Board and a Southern California gaming research firm.
Over the past six years, the U.S. casino industry has introduced other forms of legal gambling, such as sports betting and advancements in table games, which have drawn some revenue away from slot machines. In 2019, slot machines constituted 57 percent of nationwide gaming revenue, according to Eilers & Krejcik Gaming. However, Todd Eilers, CEO of Eilers & Krejcik Gaming, projected an increase in slot revenue to $104 billion this year, marking a 4 percent rise from 2025 figures.
Nevada's casino floors housed more than 126,000 slot games statewide in 2025. The CEOs of the four leading slot machine manufacturers remain optimistic about the market's potential for continued growth. These companies — IGT, Aristocrat Technologies, Light and Wonder, and Konami Gaming — collectively supply 82 percent of all games found in casinos. Most of these major gaming equipment providers maintain corporate headquarters or their primary U.S. presence in Nevada; for example, IGT's North American manufacturing operations are based in Reno, a presence IGT CEO Hector Fernandez underscored as important to the company.
During the Global Gaming Expo last week, executives from these four companies addressed questions about the industry's future. Regarding the impact of the U.S. economy and tariff disputes on sales and product development, Fernandez stated that the gaming market demonstrates resilience, leading operators to scrutinize investment performance and value. He noted that economic and tariff uncertainties have complicated cost and supply chain planning but have not altered IGT's product roadmap, instead sharpening its focus on high-performing content and efficient solutions.
Light and Wonder CEO Matt Wilson similarly emphasized mindfulness of the broader economic environment and its potential impact on customers, observing that operators are making thoughtful investment decisions. Wilson affirmed the company's commitment to innovation, continuing investment in studios, talent, and technology. He also confirmed close monitoring of the evolving trade environment and proactive supply chain management concerning tariffs.
Aristocrat Gaming CEO Craig Toner remarked on the gaming industry's historical resilience through various economic cycles. Toner indicated that Aristocrat's focus remains on investing in innovation, content development, and technology, despite broader economic conditions that can create industry uncertainty. Konami Gaming President Tom Jingoli acknowledged that a softening U.S. economy tends to reduce consumer spending across verticals, including gaming, affecting casino visitation and spend per visit. Jingoli detailed how this situation prompts Konami to develop creative sales programs to offer casinos flexibility and value, and that managing increased tariffs requires diverse solutions beyond simply passing costs to operators.
Looking toward 2027, the executives outlined their primary focuses. Wilson of Light and Wonder highlighted building on the strength of their game portfolio through established franchises, new licensed titles, and next-generation hardware. He also emphasized maximizing opportunities to extend successful content across land-based, iGaming, and social casino platforms, alongside expanding into charitable gaming. Toner of Aristocrat Gaming prioritized leading through innovation, including creating content, investing in new hardware, and leveraging data and technology to assist customers. He underscored the importance of staying ahead of evolving player expectations.
Jingoli of Konami Gaming identified creating popular games as a primary focus, leveraging the company's five decades in entertainment. Konami also aims to support specialty markets, such as those in regulated jurisdictions that do not offer traditional slots but require approved games like bingo or historical horse racing. Fernandez of IGT shared a priority of creating games players desire, strengthening franchises, and using data and player insights to improve game performance. He also noted significant opportunities to scale successful content across land-based and digital channels, and the integration of games, systems, and FinTech for a more fluid player experience.
When questioned about top markets heading into 2027, Toner of Aristocrat Gaming cited healthy opportunities within the U.S., encompassing both established and expanding regional markets. He noted that operators are seeking differentiated content and stronger technology platforms. Jingoli of Konami Gaming suggested that while major expansion in the global regulated land-based casino arena is unlikely in the immediate year, countries like Japan, the United Arab Emirates (UAE), and Brazil show high potential for future launches, with Konami actively seeking regulatory approval in these nations as an early mover. Fernandez of IGT reiterated that all markets are important, and the company's goal is to be competitive across them, while industry interest in the UAE's development is considerable.