International edition
September 18, 2020

Exclusive interview with Renese Johnson, The Innovation Group

“SAGSE stands out as the premier show to help broaden a company's presence in the Latin American region”

“SAGSE stands out as the premier show to help broaden a company's presence in the Latin American region”
The Innovation Group, the company that provides consulting and management services for the gaming, leisure and hospitality industries, will participate at SAGSE Central America & Caribbean.
Panama | 05/13/2015

The Innovation Group, the company that provides consulting and management services for the gaming, leisure and hospitality industries, will participate at SAGSE Central America & Caribbean.

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hy did you choose to participate at the Caribbean carnival? What are your expectations for the show?

As a Global Gaming and Leisure Advisory Firm, we are always looking for ways to gain greater exposure in the market and create new and meaningful client relationship across the globe. We have extensive experience helping both the public and private sectors in Central America and the Caribbean with providing services such as gaming legislative support, feasibility analysis , financial forecast that have develop many known properties today, however, we also know there is still a lot room for growth here into order to penetrate the market better . Given the lack of truly well rounded and well represented gaming conferences in the Central America and the Caribbean, SAGSE easily stands out as the premier show to help broaden a company's presence and connect them with the vast diversity of industry professionals across the region in a very efficient manner.

What are the pros and cons of the Panamanian market?

As consultants to gaming operators, developers and investors largely advising them on the market potential of proposed projects and legislation, we do not really dive into this side of the business. However, what we can say that based on our experience visiting many other gaming facilities other jurisdictions, Panama always seems to have some of the newest models available on the gaming floors of their major casino properties, indicating some very attractive export/import terms. We looking forward to learning and hearing more about this topic from other exports in the industry while at the SAGSE conference.

Panama is a great opportunity to approach other markets in Central America and the Caribbean. Are these significant markets for your company?

Having built up our gaming advisory expertise over the last 20 years, we have had the opportunity to work in a number of markets across the region including Panama, Jamaica, Bahamas, St. Maarten, Dominican Republic, U.S. Virgin Islands, Cayman Islands, Costa Rica, Belize, Trinidad and Tobago and many other jurisdiction.  One of our most significant markets over the years has in fact been Panama, who is one of the largest gaming markets in the region. While the delay in the opening of Baha Mar has created some backlash for the Bahamas, it's important to note that there are other countries heating up the debate on new and/or updated gaming legislation which could stand to help expand the region through mid to large scale developments helping make it a more recognized gaming destination. This includes Mexico, Bermuda, Jamaica and Grenada. The real question now is if and when they will.

What are your short-term business goals?

We are actively engaged on some level or another in all of the above noted markets and are strategic planning next steps to help those in either the private or public sector. As a part of this, our main goal is to aggressively expand our brand in the region and ensure that all operators, investors, government entities and developers across Central and South America as well as the Caribbean know us to be the best source for gaming and leisure analysis utilizing proprietary models with a proven track record for helping to provide our clients with demand driven analysis and an in-depth understanding of the unique nature of a given market. With 20 years of experience delivering this type of customized analysis all across the globe, specific the region we seek to become a "household name".

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