In the first quarter of 2024, the American Gaming Association (AGA) noticed slower, but more robust growth in the US gaming industry. According to the AGA, the current conditions index was 102.8, representing annual growth of 2.8%.
Predictions for the Future
The Future Conditions Index also rose to 102.2, indicating an expected 2.2% increase in economic activity in the gaming industry over the next six months. Game company executives expressed moderate optimism regarding the current situation and expected developments in the near future.
A comparison with previous years shows that economic activity in the gaming industry was slower in 2023, but the Current Conditions Index remained at 102.8, indicating stable industry growth.
Leaders' Forecasts
Gaming growth is expected to remain at current levels, with minor changes in the coming months. However, high interest rates and geopolitical risks may have a limiting effect on gaming companies in the future.
AGA Forecast for the Future
Despite the headwinds, AGA forecasts more positive developments based on a strong labor market and an expected increase in disposable income. The Future Conditions Index confirms optimistic forecasts for the development of the gambling industry in the near future.
AGA continues to monitor the dynamics of the gaming industry and expects continued sustainable growth despite the constraints and variables in the economic environment. It is important to consider forecasts and trends when making gambling decisions in the United States.