Non-Gaming Products and Services for Today's Generation of Consumers: Threats, Opportunities, or Both?

Non-Gaming Products and Services for Today's Generation of Consumers: Threats, Opportunities, or Both?

October 17, 2019, 12:30 PM - 1:15 PM

Titian 2303
Language:
English
Non-gaming revenues have grown steadily for operators, such that they are well exceeding the returns and growth of gaming. From nightclubs to restaurants to pool clubs and entertainment, there are numerous critical ways that design and outlet selection are incorporated into the overall resort's revenue model. For some, non-gaming elements have moved from loss-leader attractions to mission-critical profit spinners. For decades, casino floors have primary consisted of transactions between customers and machines. With today's consumer shifting their time and money to unique experiences, how can casinos be re-positioned as entertainment destinations vs. traditional casino resorts. This session will explore the growth of these esports, sports related venues and other emerging trends which can drive new methods of monetization for your property. • How quickly have non-gaming revenues grown and which products and services have grown the most quickly and have the most value? • Are operators concerned about the relative decline in gaming as a part of their businesses, and if not, why not? • What is the financial performance of the non-gaming activities, which are the most profitable and why? • The growth in focus on esports has been profound. What are the underlying key factors at play in the esports market and do the outcomes match the hype? • Customer Experience is key: is it transactional or educational?

Contributors

  • Blaine Graboyes

    Moderator

    CEO

    GameCo

    Blaine Graboyes is CEO of GameCo, the inventor of the video game casino and the first company bringing skill-based video game gambling to the casino...

  • Nancy Bennett

    Speaker

    Co-Founder and Former CCO

    08/20/2017

    Nancy Bennett is an innovative storyteller and visionary creative who thrives at the nexus of groundbreaking technologies, cinematic storytelling,...

  • Kevin Clark

    Speaker

    Executive Director of Talent and Programming

    Wynn Nightlife

    Kevin Clark is a seasoned executive with over 16 years of corporate event and entertainment experience. Well-versed in nightlife marketing and...

  • Seth Schorr

    Speaker

    CEO

    Fifth Street Gaming

    Seth Schorr is CEO of Fifth Street Gaming and Chairman of Downtown Grand Hotel & Casino. The urban casino resort is the embodiments of Schorr's...

  • Roberto Coppola

    Speaker

    Vice President, Corporate Innovation

    Aristocrat Technologies

    Roberto leads Aristocrat's acclaimed global innovation accelerator, thinkBIGGER. Think of the program as TEDx-meets-Shark Tank, anchored by a...

Program Type

  1. Program Type
    Presentation

Categories

  1. Track
    Non-Gaming Growth Opportunities

We use cookies to operate this website and to improve its usability. Full details of what cookies are, why we use them and how you can manage them can be found by reading our Privacy & Cookies page. Please note that by using this site you are consenting to the use of cookies.