Tag: US casino industry
US Gambling Industry Outlook Positive
Amidst an evolving economic landscape, gaming executives report a positive outlook for the US gambling industry while remaining satisfied with the current business environment. This according to the American Gaming Association’s Gaming Industry Outlook. An amazing 44% of all US gambling industry executives surveyed characterized the current environment as good, while half say it’s only satisfactory, which mirrors a similar sentiment from Quarter 3 of last year. Meanwhile, executives are more optimistic about future conditions, with 32% of CEOs expecting business conditions to improve over the next six months, up from just 20% last summer. “Gaming’s record-setting growth over the…
Retiring AGA Leader Changed US Casino Industry
Not many people think about the US casino industry on a regular basis. In Frank Fahrenkopf’s D.C. corner office, which is located a block off Pennsylvania Avenue, are the custom desk from London he had crafted 24 years ago, an American flag standing in the corner and a knickknack of herding elephants signifying the job he once held as chairman of the Republican National Committee. The wall of framed photos with political heavyweights from Ronald Reagan and Margaret Thatcher to Barack Obama — reputedly one of the more impressive collections in town accumulated over 30 years — has been taken…