EILERS - FANTINI Slot Survey - 1Q25

The EILERS-FANTINI survey is designed to track slot machine and related technology purchasing trends on a quarterly basis and is the gaming industry’s largest slot survey in terms of total casinos and slot machines surveyed. This quarter’s report represents our 64th proprietary slot survey and includes responses from key purchasing agents at a number of U.S. & Canadian Commercial and Tribal casinos, several Racino/VLT operators, as well as several international participants. In total, our 267 survey participants collectively operate ~1,000 casinos and ~40,700 retail outlets worldwide with ~745,600 total slot machines or equivalent electronic gaming devices. Our 214 U.S. & Canada participants operate 623 casinos, ~26,400 retail outlets, and ~588,600 slot machines, representing ~54% of the total installed base of gaming machines in U.S. & Canada. The avg casino surveyed in U.S. & Canada had ~820 slot machines installed while the avg international casino surveyed had ~210 slots.

Based on reported figures and our own proprietary research, we estimate total U.S. & Canada slot machine sales decreased -2% y/y and -16% q/q to ~24,100 total games sold in 1Q CY26. See the report for demand segmentation, our updated forecast, and detail by key jurisdictions.

At the end of 1Q26, we estimate the total installed base of slot machines and equivalent electronic gaming devices in the U.S. and Canada markets increased +0.9% y/y and +0.1% q/q to ~1,079,400 games. Expansionary activity, both new development and same-store, continues to offset removals. See the report for results and analysis by market segment as well as our 3-year forecast.