This is the eighth year the editors of Casino Journal have studied the manufacturing arm of the gaming industry to identify companies that have “emerged” from the vendor herd and bear watching in the upcoming year.
Although cash handling products may not have been the main focus of October’s Global Gaming Expo (G2E) in Las Vegas, they were most definitely featured throughout the show, both in vendor booths and as a hot topic in event sessions that focused on the future of mobile and cashless payment solutions.
Gaming industry executives were not immune to #MeToo and tough-to-meet investor performance expectations, both of which led to leadership turnover despite the strong financial and stock market results of casino companies.
Although we are just a few steps into what promises to be a very long marathon for the development of sports wagering within the U.S., there has already been a clear leader out of the gate—MGM Resorts International.
Casino budgets follow an arduous process that averages four months, during which you also operate the property. Prepare to gain the “budget five” pounds eating that extra morning budget bagel and that fourth slice of late-night conference room pizza.
Although a rebranding is most visible through the use of a new name, logo, tagline or some variation thereof, a true rebranding is more than just visual. It is a marketing strategy meant to communicate a differentiated identity in the minds of customers, employees, competitors, investors and other stakeholders.
Many casinos have determined that it is in their best interest to measure and track their guests’ satisfaction. They understand that, even with the likelihood of losing money gambling, most gamblers can—and do—have a positive experience at their casino.
Penn is on the right side of the acquisitions game because it is one of the most efficient operators in the business, with post-tax margins just north of 29 percent currently and on track to hit 30 percent by 2020.
Table game operators at the 2018 Cutting Edge Table Games Conference selected Poker Burnout by Casino Gaming Development; Ricochet Poker by Ricochet Poker; and Multiplier Blackjack by Multiplier Blackjack as the Gold, Silver and Bronze winners of Best New Table Games at Paris Las Vegas.
In this issue of Sports Betting Management, read about the latest stories from the gaming industry's sports betting market, take a look at how professional sports leagues relate to legal sports betting, and much more!