The first edition of the American Gaming Association’s (AGA) Gaming CEO Outlook survey has found that industry leaders are optimistic about the future of the industry.
US.- The American Gaming Association’s (AGA) newly launched Gaming CEO Outlook has shown a high level of confidence in increased industry growth, with 48 per cent of AGA-member CEOs expecting improved business conditions into 2022.
Some 24 CEOs responded to the Q3 2021 survey conducted between August 16 and September 14. Prepared for the AGA by Oxford Economics, the Gaming CEO Outlook provides a snapshot of the current and future economic health of the industry based on executive sentiment, employment, casino visitation plans, gaming revenue, and other key economic indicators.
Bill Miller, AGA president and CEO, said: “AGA’s inaugural Gaming CEO Outlook reflects the strength of our recovery and consumer demand for our world-class entertainment offerings.”
He added: “The promising outlook is built on our innovation, but like many industries, supply chain and worker shortages continue to slow our full recovery.”
The AGA has also published its Current Conditions Index, which looks at the level of economic activity in the market. It reported that economic activity in the industry grew by 15.1 per cent in Q3 compared to Q2.
This was measured by looking at gaming revenue, employment and employee wages. Although this was a slower growth compared to Q2, it was one of the fastest growths in the 20-year history of the index.