Following a recent survey conducted by the American Gaming Association (AGA) it would seem that optimism in the industry is on the rise.
Indeed, according to this study, industry executives believe that the gaming sector will return to, and even surpass, pre-pandemic levels of success in the near future.
Overall, 67% of gambling company CEOs described their current situation as “good”, a healthy boost from the 54% who chose this answer six months ago.
In an exciting turn of events, precisely zero of the CEOs polled described the current situation in gaming as “poor.”
Speaking on the survey, AGA President and CEO Bill Miller noted: “Gaming executives are signalling confidence in our continued recovery that is in line with record-setting consumer demand for gaming. I’m optimistic that 2022 will see the return of a true sense of normalcy for gaming.
“Like businesses across the country, our industry is grappling with supply chain, labour and inflation challenges that, if left uncontrolled, could dampen our continued growth and economic outlook.”
In an economic sense, the industry is currently falling marginally short of the highs seen in Q4 of 2021. However, growth is still present, sitting at 16.5% currently. On a similar note, approximately 40% of industry executives believe the industry’s economic position will improve in the next six months.
Conducted by Oxford Economics throughout March and April, this study examined the thoughts and opinions of 24 different subjects, all with extensive reach within the industry.
