Since 1999, revenue generated by nongaming amenities has exceeded casino revenue in Nevada.
Two decades later, panelists at the final education session of the 2019 Global Gaming Expo explored trends and, more importantly, how knowing them can help resorts determine what they should be offering to draw a crowd that is gradually getting younger.
The four-day event, the largest casino industry gathering in the world, closed its doors at the Sands Expo and Convention Center on Thursday afternoon.
The closing act explored a topic that has confounded casino executives who are seeing their loyal customer base aging and staying away.
The newly-formed Sports Gaming Investment Fund is the first-ever venture fund dedicated to discovering, funding, and guiding the development of the best startups in the casino industry. It will guide them through the complex landscape of regulated gambling, aiming to ensure optimal product fit and market access.
Gambling industry veterans bring funding, expertise to wave of new sports betting startups through newly formed Sports Gaming Investment Fund (SGIF)
The market for sports betting in the U.S. is expanding at an unprecedented pace following a 2018 Supreme Court decision that allowed all states to legalize sportsbooks.