Music & Games

Survey: most amusement operators plan equipment purchases

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October 22, 2020

The amusement machine industry has take its hits from the pandemic, but it is not out.

A total of 65% of 132 operators surveyed in September by Firestone Financial LLC, a subsidiary of Berkshire Bank, plan to purchase equipment for the business over the next 12 months.

"Our customers and industry partners have faced their greatest challenges this year — from shut downs to shifts in consumer behavior to changes and limitations in facility operations," Michael Smith, Firestone Financial's EVP, chief operating officer, said in the press release.

Survey highlights also include:

• 47% plan to finance up to $50,000 in the next 12 months.
• 59% do not plan to attend any in-person events in 2020 or 2021.