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New IQT Research Report: Quantum Random Number Generators will become a $7.2 Billion Market by 2026
The quantum random generator (QRNG) market will reach $ 7.2 Billion by 2026 according to IQT Research’s latest report, Quantum Random Number Generators: A Ten-year Market Assessment. This report profiles the strategies of 13 QRNG vendors and includes a detailed ten-year market forecast. The firms profiled include: Bosch, Cambridge Quantum Computing, Crypta Labs, Defense Research and Development Organization, ID Quantique, InfiniQuant, KETS, ORNL, Quantum Dice, QuintessanceLabs, Quantum Numbers, Quside, and Toshiba Europe.
More details of this report can be found at: https://www.insidequantumtechnology.com/product/quantum-random-number-generators-a-ten-year-market-assessment/
Also, at this URL those interested can request an excerpt from IQT Research’s QRNG market report. This excerpt includes all the forecast exhibits in the study (without the actual numbers), so that potential purchasers can understand better the extent and coverage of the forecasts in this report. In addition, the sample also includes an example of the analyst report that accompanies the forecast.
About the Report
QRNGs have taken on an important new role in the quantum technology business in the past year or so. They have become a key enabling technology for quantum-level security in mobile devices, data centers and even medical implants, to name just a few key areas of QRNG application. QRNGs have also provided a welcome improvement on standard RNGs, which have been used for years in scientific research and gaming.
The advent of QRNGs also provides an entry strategy for many firms into the quantum technology space. But while the QRNG market is relatively easy to enter, this creates the issue of how QRNG firms can best distinguish their offerings in the marketplace. QRNG positioning is currently being achieved through differing form factors. throughputs, chip sizes, pricing, certifiability and standards, health checks, marketing focus and more.
The report includes a quantitative ten-year forecast for QRNGs, with breakouts by form factor (chips, extension cards and standalone devices), as well as application (smartphones, IoT, finance, telecommunications, government and military, data centers, gambling, and R&D. Forecasts are provided in volume and value terms. The report also profiles 13 firms currently producing QRNGs, setting out their products, market strategies, markets targeted, financing, etc.
This report is intended for market planners and strategists at firms in the quantum technology, cybersecurity, gaming, and data communications sectors. We also believe the report will make essential reading for investors and quantum specialists at research institutes and universities. The report consists of two parts. The first part is a written analysis of the current state and future evolution of QRNGs. The second part is in the form of an Excel spreadsheet with forecasts of shipments and sales revenue of QRNGs.
From the report:
- QRNGs are a genuinely disruptive technology, bringing quantum-level security to markets at a low cost for the first time. QRNG devices also present a relatively easy way for technology firms to enter the market for quantum technologies—substantially easier than with QKD or quantum computers. However, this ease of entry into the QRNG market might make it difficult for some companies to establish sustainable profits in the QRNG space. In part because of this situation, we expect a lot of M&A activity in the coming years, with a few leaders eventually emerging
- Although quantum-secure phones are the most fashionable QRNG products, the largest market for QRNGs will be in data centers – a $3.1 billion in 2026. While all of the quantum-enabled security modalities will be applied to data center applications going forward, QRNGs will be especially useful for supplementing other forms of encryption and in low-cost customer-controlled encryption. QRNGs intended to sell into the data center market should not create significant performance penalties.
- The financial service industry worldwide is expected to show considerable interest in QRNG technology as a way to combat hackers and improve Monte Carlo simulations in portfolio valuation. Financial institutions have been among the most enthusiastic when it comes to the adoption of quantum technology. By 2026 revenues from sales of QRNGs to financial institutions will reach $2.2 billion and will come mainly in the form of standalone systems.
High Roller Technologies, operator of the premium online casino brands High Roller and Fruta, announced the submission of its Internet Gaming Operator license application in Ontario, Canada, targeting the launch of its flagship brand HighRoller.com in the second half of 2025.
“The submission of our licensing application to access Ontario’s regulated online gambling market is an important milestone in our Company’s journey. Once our application is approved, we anticipate that we will have the opportunity to launch our online casino product into the market later this year,” said Ben Clemes, Chief Executive Officer at High Roller.
Ontario is one of the largest regulated online gambling markets in the world as measured by gross gaming revenue. In 2024, regulated online gambling operators within the province generated approximately $2.3B in gross gaming revenue, and growth continues to be recorded in the first half of 2025. Recently, the province of Alberta passed enabling legislation to establish a regulatory framework for online gambling. Once available, the Company also intends to pursue licensure in Alberta to expand its regulated market footprint in Canada.
“Ontario is missing an elegant brand like High Roller. We’re excited to roll out the red carpet for our new customers, and we’re looking forward to showcasing our tremendous product,” said Clemes.
The post High Roller Submits Gaming License Application in Ontario appeared first on Gaming and Gambling Industry in the Americas.
The International Association of Gaming Regulators (IAGR) has released the program for its upcoming annual conference, to be held in Toronto from 20-23 October.
With the theme ‘Resilient regulation: Exploring what works, why and what’s next’, the event brings together global regulators and thought leaders to examine how regulatory frameworks can evolve to meet today’s challenges.
The four-day program explores timely issues, including the rise of AI and behavioural analytics, the impact of converging technologies, cross-border collaboration and the continued push to strengthen responsible gambling policies.
IAGR President Ben Haden said the program offers a strong preview of the content and conversations delegates can expect in Toronto.
‘This year’s program showcases the breadth and complexity of the challenges facing gambling regulators worldwide, from protecting player wellbeing to tackling illegal markets and understanding new technologies,’ Haden said.
‘I encourage regulators, researchers and policy professionals from around the world to join us in Toronto. The conference is a space to learn, share experience, challenge assumptions and shape the future of effective, collaborative regulation.’
Confirmed speakers and panellists include:
- Andrew Rhodes, CEO, Gambling Commission, Great Britain
- Anders Dorph, Director, Danish Gambling Authority, Denmark
- Dr Karin Schnarr, CEO and Registrar, Alcohol and Gaming Commission of Ontario, Canada
- Mark Vander Linden, Director of Research and Responsible Gaming and Carrie Torrisi, Chief of Sports Wagering Division, Massachusetts Gaming Commission, United States
- Bashir Are, CEO, Lagos State Lotteries and Gaming Authority, Nigeria
- Teo Chun Ching, Chief Executive, Gambling Regulatory Authority, Singapore
- Ladipo Abiose Akolade, Founder, GamblePause Initiative Africa, Nigeria
- Rasmus Kjaergaard, CEO, Mindway AI, Denmark
- Tracy Parker, Senior Vice President, Accreditation, Advisory and Insights, Responsible Gambling Council, Canada
- Pedro Romero, Chief of Safer Gambling Partnerships, BetBlocker, Gibraltar
- Sonia Wasowska, Head of Supervision, General Commercial Gaming Regulatory Authority, United Arab Emirates
- Steven Blackburn, Partner, Ashurst Risk Advisory, Australia
The event will be held at The Westin Harbour Castle on Toronto’s waterfront.
The post IAGR announces program for IAGR2025 conference in Toronto appeared first on Gaming and Gambling Industry in the Americas.
Home field advantage has a new name, as the Edmonton Elks announced that Play Alberta Field at Commonwealth Stadium is now the home of the Elks.
The field naming rights are part of a broader multi-year agreement between Play Alberta and the EE, making Play Alberta the official sports betting partner of the Club.
“We couldn’t be more excited to expand our partnership with Play Alberta. This partnership is about more than just putting a name on the field – it’s about building something meaningful for our fans and our community. Play Alberta is an Alberta-based organization that shares our values and our commitment to giving back. Together, we’re creating new ways for fans to connect with our team and experience the game day atmosphere in a whole new way,” said Elks President and CEO Chris Morris.
The expanded relationship between the Elks and Play Alberta will allow the game day experience to continue to grow. Fans can look forward to unique activations and promotions around the stadium, including the chance to win game tickets and memorabilia.
“Since Play Alberta’s launch five years ago, our team has made it a priority to connect with the communities where our players live and work. We are very excited to join the Edmonton Elks on the field on game days during upcoming CFL seasons. Play Alberta Field at Commonwealth Stadium allows us to partner with the Elks and showcase two brands built for Albertans in a historic Edmonton location,” said Alberta Gaming, Liquor and Cannabis Chief Executive Officer Kandice Machado.
The Elks open their 76th season on Saturday, June 7 in Vancouver when they take on the B.C. Lions. Edmonton’s home opener at Play Alberta Field at Commonwealth Stadium is slated for Thursday, June 19 against the Montreal Alouettes.
The post Edmonton Elks, Play Alberta Connect on New Partnership appeared first on Gaming and Gambling Industry in the Americas.
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