Gaming Revenue In USA Heavily Impacted By Covid-19 Pandemic

Gaming Revenue In USA Heavily Impacted By Covid-19 Pandemic

It has been reported that commercial gaming revenue in USA has been heavily impacted by the ongoing Covid-19 pandemic and the necessary measures that were put in place to prevent the spread of the virus.

According to reports, the industry has made a recovery of just over eighty-percent of the levels before the pandemic, with figures in the region of $9 billion for the third quarter of 2020.

The American Gaming Association has been tracking commercial gaming revenue with its tracker and stated that figures in the third quarter are up almost 300% compared with the second quarter of this year, a historic low for the industry.

Measures implemented across the United States, including social distancing and reduced capacity along with temporary closures, has meant that a full recovery hangs in the balance of future health and safety measures surrounding the Coronavirus crisis.

Although there has been some positive signs of recovery, much of the gambling industry is still struggling during unprecedented times and for many corporations the future remains uncertain.

AGA President and CEO Bill Miller spoke out about the findings and figures:

“Our industry continues to prioritize the health and safety of our employees, customers, and communities above all else.

While these quarterly results are promising, the reality is a full recovery is dependent on continued public health measures to control prevalence rates.

As state and local officials respond to current COVID-19 outbreaks with additional restrictions, urgent Congressional action to provide COVID-19 relief is even more crucial. Gaming employees and communities depend on it.”

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