Cash centers and casinos in the US cash cycle
The US market for cash management is as diverse as the country’s far-flung geography, with an estimated 3,500 casinos. Of these, about 50 are large casinos with more than 2,500 slot machines each. There are also 400 cash centers operated by commercial banks and private CIT operators. While each individual player has very particular demands, the cash management sector as a whole is moving toward unlocking value with more automation, and a focus on improving efficiency.
Key takeaways:
- There are about 3,500 casinos in North America, with about 50 having more than 2,500 slot machines each.
- The US cash logistics business was estimated at just under $6 billion in 2022, with strong growth worldwide projected through 2030.
- Automation solutions such as bander modules make a big difference in the cash logistics. sector