Dover, DE, Oct. 21, 2019 (GLOBE NEWSWIRE) -- The CEOs of the leading suppliers to the casino and gaming industry see little evidence of a recession.
Speaking at the Fantini Research CEO One-On-One interview series at the industry’s G2E trade show, the CEOs continue to see business confidence on the part of casino companies that buy their products and on the part of casino patrons.
The observations by these CEOs is important in that any change in the spending of casino patrons is among the first indicators of change in consumer confidence.
Among the CEOs, Mike Rumbolz of Everi, noted that his payments company sees consumer activity in real time as it provides daily ATM, check cashing and credit check services to casinos and there is no sign of consumer spending slowing down.
Likewise, Harald Neumann of Austrian-based international gaming conglomerate Novomatic noted that, while many European business executives are predicting an economic slowdown, his company is enjoying a strong and growing second half of the year.
So far, prospects of a recession “appear to be more sentiment than reality,” said Neumann, whose company operates in 70 countries.
Those observations and others about the gaming industry and their companies are discussed in quick-to-view videos running at an average of 10 to 12 minutes each, by 21 leading CEOs at https://www.fantiniresearch.com/conventions/g2e/g2e-2019-ceo-one-on-ones.html
The videos are produced by Fantini Research, publisher of the daily Fantini’s Gaming Report that serves executives and investors in the gaming industry. Fantini also publishes the gaming industry’s Public Policy Review and co-publishes proprietary research in the EILERS-FANTINI Quarterly Slot Survey, EILERS-FANTINI Game Performance Database and the Distributed Gaming Report with Fifth Third Bank.