A report published by the Association of Gaming Equipment Manufacturers (AGEM) highlights the significant and positive economic impact of global suppliers to the gaming industry. The global gaming supplier industry directly generated approximately $17 billion in economic output during 2021. When the ripple effect of those impacts is considered, total output reached over $44 billion, which represented a 14.9 percent increase from 2020.
Limiting the economic impact to the amount of value added, the total impacts (including indirect and induced) equated to $24 billion in 2021, an increase of 16.8 percent from the prior year.
Direct jobs in the industry reached nearly 68,000, and the multiplier effect resulted in nearly 192,000 positions around the globe in 2021 (+4.2 percent).
Daron Dorsey, AGEM Executive Director, said: “The gaming supplier story is one of innovation, technology, and global reach. The ripple effect of this industry is something all our member companies can be proud of. Globally, the gaming supplier industry is a key source of technological innovation and advanced manufacturing investment.”
“We are exporting valuable, legal products to meet high consumer demand in regulated gaming jurisdictions worldwide, with economic impacts and operations that fit well with objectives of key stakeholders in terms of economic expansion and opportunity,” he added.
Many well-known suppliers in Australia are members of the AGEM and contributed data to the survey.
Download a copy of the report here >>> https://thedrop.com.au/wp-content/uploads/2023/04/AGEM_Industry-and-Economic_Impact_Analysis2022.pdf