he 18th annual G2E open on Monday at the Sands Expo & Convention Center and The Venetian and runs through Thursday.
Sports betting in the US after the Supreme Court overturned PASPA
Now that New Jersey, Delaware, Mississippi and West Virginia have joined Nevada in offering legalized sports wagers, this show takes place at one of the busiest times for sports books, with NBA and NHL beginning their seasons and Major League Baseball hitting the playoffs.
That is why the AGA will host its first Sports Betting Symposium, a series of panel discussions and speakers on sports wagering. Topics will range from legislative issues to business strategies including ample opportunities to engage with sports betting exhibitors.
Among the many gaming equipment manufacturers that will be present at the show, there will be London-based IGT, which has a huge manufacturing and distribution presence in Nevada, will be debuting a new sports betting terminal and kiosk at the show. IGT’s Crystal terminal can be placed in the sports book or on the main casino floor.
Also, Las Vegas-based Scientific Games will exhibit its collection of James Bond-themed slot machines and slots based on “Monopoly,” Wizard of Oz and Willy Wonka franchises.
Las Vegas-based exhibitor Everi Holdings will show a broad range of operating systems, hardware platforms and game content.
As casino novelties are usually showcased for the first time at G2E, the AGA’s Innovation Lab, located in Booth #5833, will host 15-minute talks aimed at encouraging networking and bringing innovation relevant to the gaming-entertainment to the forefront of the industry. Partnering with UNLV, top industry partners, operators and allies, the AGA Innovation Lab at G2E returns for a third edition of fifteen minute, TED-talk-sessions.
This year’s edition of the show will also include the “Innovation Incubator” competition. G2E is looking for the next big product or service in gaming and hospitality technology innovation, so they invited students and start-ups alike for the opportunity to compete against other trailblazers and showcase their innovative product or service at G2E 2018 for a chance to win big!
G2E Day One Recap
The highlights of the first day from the show floor and conference included:
Global Gaming Women Keynote - Building Executive Presence with Sharon Delany McCloud
Studies show that women make up 57% of college graduates, yet female leadership in C-suites and boards are often lacking their presence. Emmy Award-winning broadcaster Sharon Delaney McCloud discussed how women can build their own executive presences in male-dominated industries with three key principles. In an interactive session, McCloud shared that gravitas, demonstrating emotional intelligence and vision; communication, strong verbal and non-verbal skills; and appearance, grooming and professional style will increase success and confidence in current roles.
Sports Betting: A Way Forward in the U.S. and How iGaming Fits In Gaming Law
Review Editor-in Chief Sue Schneider welcomed industry veterans to discuss the global rise and future projections of sports betting within the U.S. Representatives from Gambling Capital, Station Casinos and SG Digital examined current behaviors of U.S. sports bettors and discussed financial predictions for states currently in the process of adopting sports betting laws. Compared to in-person sports books, experts point to the prevalence of sports betting within mobile gaming systems and alluded to the continued growth of easily accessible betting opportunities with iGaming. In a market predicted to be valued at $7.6 billion by 2030, the industry professionals agreed sports betting will continue to influence the future of gaming.
SPORTS BETTING: THE PATH FORWARD FOR INDIAN COUNTRY
After the Supreme Court's ruling in May, speakers at this panel said tribal leadership must take a stance in the face of possible federal and state regulations. In the short term, experts predict Congress is unlikely to zero in on anything that would cause them to enact federal regulations, leaving tribes to negotiate mainly with the states. A key issue during these future negotiations is going to be how tribal exclusivity will be handled, especially in the face of online and mobile implementation of sports betting.
CHANGING THE GAME: THE LEGAL AND REGULATORY IMPACTS OF A PASPA REPEAL
Speakers Trudy Smith, confidential assistant, Louisiana Gaming Control Board; Jay McDaniel, deputy director, Mississippi Gaming Commission; Joe Asher, CEO, William Hill U.S.; and George Rover, managing partner, Princeton Global Strategies discussed the results of overturning the Professional and Amateur Sports Protection Act (PASPA). While there have been no regulatory surprises, the widespread rollout of sports betting has raised the issue of how to best combat the black market of illegal wagering. In the next five years, the speakers anticipated more collaboration between the gaming industry and sports leagues in the way of sponsorships, the expansion of internet and mobile betting, and the continued uptick of in-play betting.
ESPORTS AND ITS GROWING MARKET FOR MILLENNIALS
Moderated by Jennifer Carleton, gaming law partner at Howard & Howard, representatives from the U.S., U.K. and Germany discussed the rise of esports within their countries' markets. Speakers included John English, partner and managing director of sports & technology for Global Market Advisors in Las Vegas; Bahar Alaeddini, partner at Harris Hagan in London; and Jessica Maier, gaming law attorney at MELCHERS in Heidelberg, Germany. Despite initial skepticism, esports has grown to a nearly $906-million venture and gaming professionals are looking toward new opportunities to monetize the process. With more money being funneled into legitimate advertising and sponsorship deals and event ticket sales skyrocketing, the experts suggest learning how to bridge the gap between gambling and traditional video games. Along the way, developers will need to focus on maintaining game integrity within an innovation-driven industry.
Cryptocurrency: Its Potential Gaming Benefits and Regulatory Challenges
With speakers BlockDraw Founder Darin Oliver, New Jersey Division of Gaming Enforcement Deputy Director Louis Rogacki and Sightline Payments Co-Founder Omer Sattar, the session looked at the future of land-based casinos and cryptocurrency. Due to a lack of understanding, cryptocurrency in casinos hasn't moved forward. However, Oliver believes digital identification in blockchain makes sense for gaming due to its $120-billion turnover because slots already require verification. The speakers agreed the industry will see change, but it will likely arrive on the entrepreneurial front.
HOW A DIVERSE WORKFORCE REINVIGORATES YOUR TEAM
Moderated by Kat Anderson - director, diversity & inclusion with Scientific Games - speakers Phyllis James, EVP, chief diversity & corporate responsibility officer with MGM Resorts International; Paula Eylar-Lauzon, EVP, Boyd Gaming; and Christie Roser, chief human resources officer, Aristocrat, examined the meanings, challenges and benefits of diverse inclusion. The panel addressed how companies can react to a diverse society and make it a competitive strength. James discussed the phenomenon of unconscious bias, and overcoming it through in-person classroom training. According to James, the difficulty lies in achieving true inclusion, ensuring everybody feels valued, appreciated and part of the fabric of the organization.
INTEGRATING EMERGING GAMING ON YOUR CASINO FLOOR
Gaming industries are consistently looking to create memorable and impactful experiences for their target customers. Top leaders in the industry gathered during a media panel to discuss the emerging trends of gaming. Experts Robert Coppola, VP of advanced products for Aristocrat; Christian Fenner, treasurer of Oklahoma Indian Gaming Association; John James, CEO of Morongo Casino Resort & Spa; Jeff Hartmann, CEO of The Hartmann Group; and Ray Pineault, general manager of Mohegan Sun delved into the present impact and future of gaming. Moderated by Derrick Watchman, president and owner of Sagebrush Hill Group, the panel concluded that understanding millennial markets, creating experience-based games and amenities, and easy mobile betting customization will drive success for hospitality and technology partners.