BY THE NUMBERS
DIvErSIty ProvEn
Anyone who has worked in the gaming industry for five minutes understands the diversity of the workforce , and it ’ s only getting more diverse . Last month , the American Gaming Association issued a report on just how diverse , and the results were impressive .
The findings of this in-depth examination show that the gaming industry is more diverse than national and hospitality industry benchmarks , and boasts a diverse executive pipeline , while identifying opportunities on gender representation .
• More than six in 10 ( 61 percent ) of gaming industry employees are minorities , compared to 52 percent of the broader hospitality industry and 42 percent of the total U . S . workforce .
• 23 percent of gaming employees are Hispanic and 19 percent are Black — both higher than the national workforce and in line with the hospitality industry .
• 60 percent of operator employees are minorities , up nearly 20 percent from 2011 and higher than the hospitality sector and national workforces overall .
• 45 percent of gaming manufacturer employees are minorities , compared to 38 percent of the broader electronic manufacturing workforce .
Impact of Services
After a long delay due to the pandemic , the Association of Gaming Equipment Manufacturers finally released an update on the impact suppliers have on the industry and society . As you might imagine , the years 2020 and 2021 were difficult , bounding back substantially in 2021 . The sector demonstrated its ability to cover lost ground in 2021 by increasing overall economic activity with double-digit gains . While the results for 2022 have yet to be reported by key suppliers within the industry , the expectation is that the recovery trend continued in 2022 .
• Economic Output : The global gaming supplier industry directly generated approximately $ 17 billion in economic output during 2021 . When the ripple effects of those impacts are considered , total output reached over $ 44 billion .
• Value Added : Limiting the economic impact to the amount of value added , the total impacts ( including indirect
Summary of Findings : Economic Impacts in 2021
and induced ) equated to $ 24 billion in 2021 , an increase of 16.8 percent from the prior year .
• Wages and Salaries : Employers paid nearly $ 8 billion in direct wages to employees , while total earnings throughout the economy reached nearly $ 17 billion in 2021 ( up 14.7 percent ).
• Employment : Direct jobs in the industry reached nearly 68,000 , and the multiplier effect resulted in nearly 192,000 positions around the globe in 2021 ( up 4.2 percent ).
The study was conducted by Applied Analysis of Las Vegas .
6 Global Gaming Business MAY 2023