News

Moody’s Report Forecasts Casino Gaming Growth, Despite Intense Competition

Press Release
July 14, 2015

Washington, DC – American Gaming Association (AGA) President and CEO Geoff Freeman released the following statement after Moody’s, in a new report out today, forecast revenue growth in the US gaming industry:

“Today’s Moody’s report highlights that even in the face of intense competition, the gaming industry is finding ways to grow and serve as strong community partners. However, it’s incumbent upon state officials to review their gaming policies to ensure they promote innovation and reinvestment that will spur greater growth, create more jobs and provide additional tax revenues that support vital public services.

“One immediate step officials can take is to crack down on illegal gambling by joining our ‘Stop Illegal Gambling, Play it Safe’ initiative, which is led by some of the most respected law enforcement leaders in the country. By rooting out bad actors that prey on consumers and don’t contribute a penny in tax revenues, this effort is helping the regulated, licensed gaming industry grow and maximize the benefits we provide to communities across 40 states.”

About AGA: The American Gaming Association is the premier national trade group representing the $240 billion U.S. casino industry, which supports 1.7 million jobs in 40 states.  AGA members include commercial and tribal casino operators, suppliers and other entities affiliated with the gaming industry.  It is the mission of the AGA to be the single most effective champion of the industry, relentlessly protecting against harmful and often misinformed public policies, and paving a path for growth, innovation and reinvestment.

###

 

press release contact
Christopher Browne

4136361336