AGA reported $472m investment in responsible gaming
The American Gaming Association (AGA) reported $472m spending by the gambling industry in the US for FY2023.The American Gaming Association is a United States gambling...
AGA reports gaming industry’s economic shifts
The American Gaming Association (AGA) shared reports from its latest gaming industry outlook, reflecting the optimism of industry leaders.
The American Gaming Association is a United States gambling industry association founded in 1994 to promote, educate, and lobby on behalf of the gambling industry.
While almost 88% of operators in the US feel positive about the current business presence, many are concerned about the future of the industry. It is predicted to see a 28% decrease in players’ activity in the coming months.
When comparing the results and predictions, live entertainment and slot machine spending may decrease.
Now, industry leaders are carefully managing their businesses, with 19% noting easy access to credits. Half of the operators have expressed worries about the economy, noting issues such as inflation and fluctuating interest rates.
David Forman, the AGA’s vice president of research, commented:
“Still, gaming businesses remain well positioned, with executives touting strong balance sheets and more viewing access to credit as easy than restrictive for the first time in two years.”
Despite many challenges, operators are confident in their current situation. However, they are aware of the need to adapt to an advancing landscape.
Recently, AGA reported a $472 million investment in responsible gaming and its support for US operators after a British study that insists on the US leading operator’s failure to work in compliance with the rules.
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