The Isolated Depression at High Levels (DANA) that hit Valencia in October 2024 continues to have a significant impact on the recreational and hospitality sector. According to the Hospitality Federation of Valencia, around 30% of bars and leisure establishments that suffered damage remain closed as of January 27, 2025, due to structural damage, equipment loss, and financial difficulties in reopening.
In the gaming sector, slot machines and casino equipment are among the hardest hit. These essential assets, costing between €10,000 and €25,000 per unit, were destroyed by the flooding.
The damage extends beyond physical components to electronic systems and software, making repairs or replacements a costly challenge. This has delayed recovery for many establishments that face the dual burden of repairing their premises and replacing their primary sources of income.
The Valencian Government and the Valencia City Council have implemented financial aid to support recovery efforts, including subsidies for repairing material assets like gaming machines and replacing equipment. However, industry leaders argue that the aid is insufficient and that bureaucratic delays are slowing the disbursement of funds. Of the 1,400 establishments initially affected, only 5% have reopened since December 2024, according to the Hospitality Federation of Valencia.
Uncertainty has also strained relations with insurance companies. Many business owners are waiting for their policies to assess and cover the damages, making it difficult to access the capital needed for recovery. For this reason, unions such as CCOO and UGT of the Valencian Community have called for expedited aid processes and the creation of a coordinated reconstruction plan.
Despite these challenges, some business owners have shown resilience. For example, a lottery administration in Aldaia, closed after the DANA, managed to partially operate by selling tickets through digital platforms. Such initiatives have been key to maintaining minimum revenues and restoring customer confidence.
The full recovery of the recreational and hospitality sector in Valencia will require a joint effort from public administrations, business owners, and the community. Accelerating aid distribution, facilitating credit lines, and promoting campaigns to encourage local spending will be essential to restoring economic normality.
