GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

Gaming Blasted By Virus

Gaming Blasted By Virus

The Macau casinos were the first to be impacted financially by the deadly coronavirus that arose in December in Wuhan, China. But it wasn’t long before the entire industry took a hit. In this chart compiled by The Innovation Group and Innovation Capital, the share prices of all gaming companies suffered steep declines, even more than the major indices like the S&P 500. Hit hardest were the operators, both large cap (many of the companies with exposure to Macau) and regional companies that have no connection to Macau. The chart does not show the gaming suppliers, but they did not escape the carnage either. To obtain a copy of the study on the impacts of coronavirus on the gaming industry, visit the website for The Innovation Group, theinnovationgroup.com.

    Recent Feature Articles

  • Across All Channels

    IGT’s omnichannel game library could be the supplier model of the future

  • Trends Are Trending

    GGB’s annual 10 Trends identifies what to expect in 2024

  • On the Rebound

    The Asian gaming market’s comeback and future growth

  • Compulsive Gambling 911

    These agencies are on the front lines of problem gambling research, intervention and treatment. Many rely on the casino industry for funding. Could federal help be on the way?

  • Better, Faster, Stronger

    Kiosks have evolved into full-service centers for a variety of gaming services.