NAICS Code 423990-16 - Gaming Equipment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423990-16 Description (8-Digit)

The Gaming Equipment & Supplies (Wholesale) industry involves the distribution of various gaming equipment and supplies to businesses that operate in the gaming industry. This industry is responsible for providing a wide range of products that are used in casinos, gaming arcades, and other gaming establishments. The products that are distributed by this industry include gaming machines, slot machines, gaming tables, playing cards, dice, chips, and other gaming accessories.

Hierarchy Navigation for NAICS Code 423990-16

Tools

Tools commonly used in the Gaming Equipment & Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Slot machines
  • Gaming machines
  • Gaming tables
  • Playing cards
  • Dice
  • Chips
  • Gaming accessories
  • Gaming chairs
  • Gaming stools
  • Gaming signage
  • Gaming security systems
  • Gaming tokens
  • Gaming locks
  • Gaming cabinets
  • Gaming monitors
  • Gaming software
  • Gaming manuals
  • Gaming repair tools
  • Gaming cleaning tools

Industry Examples of Gaming Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 423990-16, illustrating the main business activities and contributions to the market.

  • Slot machines
  • Gaming tables
  • Playing cards
  • Dice
  • Chips
  • Gaming accessories
  • Gaming chairs
  • Gaming stools
  • Gaming signage
  • Gaming security systems
  • Gaming tokens
  • Gaming cabinets
  • Gaming monitors
  • Gaming software
  • Gaming manuals
  • Gaming repair tools
  • Gaming cleaning tools

Certifications, Compliance and Licenses for NAICS Code 423990-16 - Gaming Equipment & Supplies (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Gaming Industry Employee License: This license is required for all employees of gaming establishments in Nevada, New Jersey, and other states. It ensures that employees are suitable for employment in the gaming industry and have no criminal record. The license is issued by the state's gaming control board.
  • Gaming Vendor License: This license is required for companies that supply gaming equipment and supplies to casinos. It ensures that the vendor is suitable for doing business with the gaming industry and has no criminal record. The license is issued by the state's gaming control board.
  • Alcohol Beverage License: This license is required for businesses that sell alcohol. It ensures that the business is following all state and local laws related to the sale of alcohol. The license is issued by the state's alcohol beverage control board.
  • Sales Tax Permit: This permit is required for businesses that sell goods in the US. It ensures that the business is collecting and remitting sales tax to the state. The permit is issued by the state's department of revenue.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for businesses that have employees. It ensures that the business is following all federal safety regulations related to the workplace. The certification is issued by OSHA.

History

A concise historical narrative of NAICS Code 423990-16 covering global milestones and recent developments within the United States.

  • The Gaming Equipment & Supplies (Wholesale) industry has a long history dating back to the early 20th century when the first pinball machines were introduced. In the 1970s, video arcade games became popular, and the industry experienced significant growth. The 1990s saw the introduction of home gaming consoles, which led to a decline in arcade games. However, the industry adapted and shifted its focus to casino gaming equipment, which has become a significant part of the industry. In recent years, the industry has seen growth due to the increasing popularity of online gaming and esports. In the United States, the industry has experienced steady growth, with revenue reaching $2.5 billion in 2020.

Future Outlook for Gaming Equipment & Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423990-16 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The gaming equipment and supplies wholesale industry in the USA is expected to experience steady growth in the coming years. The increasing popularity of e-sports and online gaming is driving demand for gaming equipment and supplies. Additionally, the rise of virtual reality and augmented reality technologies is expected to further boost demand for gaming equipment and supplies. The industry is also expected to benefit from the growing number of gaming cafes and bars, which are becoming increasingly popular among gamers. However, the industry may face challenges from the increasing availability of gaming equipment and supplies from online retailers. Overall, the industry is expected to experience moderate growth in the coming years.

Industry Innovations for NAICS Code 423990-16

Recent groundbreaking advancements and milestones in the Gaming Equipment & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Virtual Reality Headsets: The introduction of virtual reality headsets has revolutionized the gaming industry, providing gamers with an immersive gaming experience.
  • Gaming Chairs: Ergonomic gaming chairs have become increasingly popular among gamers, providing comfort and support during long gaming sessions.
  • Gaming Laptops: The development of high-performance gaming laptops has made it easier for gamers to play their favorite games on the go.
  • Gaming Keyboards: Advanced gaming keyboards with customizable keys and lighting have become increasingly popular among gamers.
  • Gaming Mice: High-performance gaming mice with advanced sensors and customizable buttons have become a must-have for serious gamers.
  • Gaming Monitors: High-resolution gaming monitors with fast refresh rates and low input lag have become increasingly popular among gamers.
  • Gaming Consoles: The introduction of new gaming consoles with advanced graphics and processing power has driven demand for gaming equipment and supplies.
  • Gaming Accessories: A wide range of gaming accessories, including controllers, headsets, and microphones, have become increasingly popular among gamers.
  • Gaming Software: The development of advanced gaming software has provided gamers with new and exciting gaming experiences.
  • Gaming Tournaments: The rise of e-sports and online gaming tournaments has driven demand for gaming equipment and supplies.

NAICS Code 423990-16 - Gaming Equipment & Supplies (Wholesale)

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