The pandemic taught slot machine manufacturers the lessons they’re using during the current trade wars created by President Donald Trump’s tariffs, including how to manage higher costs for electronic components.
But it’s not simple, said Light & Wonder CEO Matt Wilson.
“The dynamic situation changes by the day or by the hour, or by the tweet,” Wilson said, referring to how social media continues to stoke the issue.
The tariff situation has fluctuated, but most countries, including Canada, face anywhere from a 10 percent to 25 percent tariff on goods and products entering the U.S.
During the pandemic, certain costs were passed along to casino operators, such as charging more for slot machine purchases or a slight percentage increase in the lease agreement associated with games where manufacturers and the casino share in the revenue.
