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Quoted from Multiballmaniac1:The economic impact has just began. People are tapping 401ks to pay mortgages.
That's better than not paying the mortgage. Most lenders are allowing borrowers to delay payments for a month or three so far.
Quoted from pinballplusMN:I wouldnt like to be a slot machine mfr right now.
Why not? The big guys were shipping and supporting new games until three weeks ago. The casino shut down is allowing casinos to quickly update floor layouts and game configurations, install complete new bar areas with new bar-top machines etc. No need to put up false walls or rope off floor areas. Konami and Aruze still have employees working today.
Keep in mind that the really big gaming companies make less than 50% of their revenue and even less profit on gaming machine production. They make more on progressive machine participation fees, Slot data systems, related software packages and daily fee games.
I gotta admit it was weird seeing IGT's HQ and Gigafactory with only a handful of cars in the lot a few weeks ago.
As soon as Nevada "reopens", they will all be humming again.
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Paradise, NV