Five-week shutdown cost gaming industry more than US$29.6 million

Mexico’s gaming industry has lost more than US$29.6 million as a result of the Swine Flu epidemic.

The news was announced by Alfonso Pérez Lizaur, president of the Association of Games and Draws Licensees, a private-sector trade group.

Pérez said the disease forced the industry to close its doors for five weeks earlier this year, affecting 731 sports betting venues, 364 bingo halls, six horse tracks, four greyhound tracks and three jai alai frontons.

The association estimates that the epidemic, coupled with the effects of the global economic downturn, will shave at least 4 percent from the industry’s 2009 profit margins.