World’s largest casino industry trade show opens Monday in Las Vegas

Sports book regulars might see some new faces in the crowd of 26,000 gaming industry executives, front-line employees, regulators, policymakers and others in town this week.

The American Gaming Association’s 18th annual Global Gaming Expo opens Monday at the Sands Expo & Convention Center and The Venetian and runs through Thursday.

With the fight to dismantle the Professional and Amateur Sports Protection Act — which prohibited most states from legalizing sports betting — a distant memory, gaming executives nationwide are looking for ideas for their own sports books. The timing of this year’s show coincides with some of the busiest times in sports books with college and NFL games, Major League Baseball hitting the playoffs and the NBA and NHL starting their respective new seasons.

The AGA, the national trade group representing the $261 billion U.S. casino industry with 1.8 million jobs in 40 states, had new sports books in mind when it planned G2E 2018: The association will host its first-ever sports betting symposium, a series of panel discussions and speakers on sports wagering.

Sports betting growth

Since PASPA was overturned by the U.S. Supreme Court in May, four states — New Jersey, Delaware, Mississippi and West Virginia — have joined Nevada in offering legalized sports betting. More than 20 states, including New York, are looking to legalize it when their legislatures meet next year, according to industry analyst Chris Grove, managing director of California-based Eilers & Krejcik Gaming.

Scott Van Pelt, a nationally broadcast ESPN anchor who dedicates some of his show to gambling talk and “bad beats,” will be one of the show’s keynote speakers.

While the educational side and the tours are important, gaming equipment manufacturers are looking forward to G2E to demonstrate some of their sports betting products. Around 450 exhibitors from 32 countries — about 120 of them expected to be first-time presenters — will cover the trade show floor, which opens for three days of the show starting 10 a.m. Tuesday.

London-based IGT, which has a huge manufacturing and distribution presence in Nevada, will be among them, 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.

“Players will be able to change channels and watch the games and then bet on plays from the terminal as the game occurs,” said Nick Khin, IGT’s chief commercial officer for gaming.

Watch and bet

Fast-moving in-game betting is a growing portion of the sports book handle. Such betting is taking revenue beyond the traditional wagers and parlays that rely on the final outcome of a game or season.

Khin said that thanks to its relationship with MGM Resorts International and new partnerships with Boyd Gaming Corp., FanDuel and William Hill, IGT already operates systems in Nevada and in new outlets in New Jersey, Mississippi, and West Virginia.

“We’re a B2B and our expertise is in the platform so we work with our partners to take the product to the player,” Khin said.

Sports betting products aren’t the only technologies that will be on display at G2E. The floor show is a dizzying collection of colorful slot machines, table games and other gaming devices with a soundtrack as loud as any casino.

Most slots are placed in demonstration modes to show prospective buyers what happens when players hit it big.

IGT, which is expected to have the largest booth on the show floor at 25,000 square feet, will show innovations to one of the world’s most successful slot games, “Wheel of Fortune.” The newest “Wheel” rendition has four-dimension content — players can spin a virtual wheel in midair — and a format in an 11-foot tower.

Other lineups

Las Vegas-based Scientific Games Corp. will show its collection of James Bond-themed slot machines and slots based on the popular “Monopoly,” Wizard of Oz and Willy Wonka franchises.

“At G2E, we’ll premiere new products that reflect the tech megatrends of our time and showcase the world’s leading sports betting platforms,” Scientific Games President and CEO Barry Cottle said.

Las Vegas-based exhibitor Everi Holdings will show a broad range of operating systems, hardware platforms and game content.

“Each year, we process more than 100 million transactions across our secure network and drive almost $27 billion onto the floors of our casino partners,” said Michael Rumbolz, president and CEO of Everi. “Our investments over the last several years in developing new gaming entertainment solutions and experiences for players have significantly expanded the areas of the slot floor we address.”

The company has grown from being focused on casino financial transaction technology.

A collection of international companies with Las Vegas offices also plan to show a collection of cabinets — the display boxes slot machines are presented from. They’re bigger, taller and noisier than ever. Some have curved screens, four-dimension technology that make images appear to jump off the screen and musical components that turn a machine into a jukebox with playlists a player can set.

Manufacturers carefully present the machines to focus groups and test audiences before taking them to events such as G2E. IGT has a room with a two-way mirror so executives can watch, record and livestream player reactions to new products.

Casino innovations often are displayed first at G2E, and this year’s show is no exception. The AGA’s Innovation Lab, a centralized hub on the show floor, will host 15-minute talks on gaming and entertainment industry topics by representatives of Microsoft and Allied Esports.

G2E ‘Shark Tank’

The 2018 show also will have a first-ever “Shark Tank”- styled competition called the “Innovation Incubator.”

It will feature four competitors, including two UNLV students, who will try to persuade a panel of judges, led by “Shark Tank” star Kevin O’Leary to invest in products. The top winner will get a $10,000 prize, and the top two will get a free booth at the 2019 show.

The trade show floor is G2E’s centerpiece, but the more than 100 educational sessions on gaming topics will run the entire four days.

Sessions are planned on casino operations and marketing, women’s roles in the industry, how the #MeToo movement is affecting the industry, eSports and mobile gaming, and the role of cryptocurrency and blockchain in the industry.

The Review-Journal is owned by the family of Las Vegas Sands Corp. Chairman and CEO Sheldon Adelson. Las Vegas Sands operates Sands Expo & Convention Center and The Venetian.

Contact Richard N. Velotta at rvelotta@reviewjournal.com or 702-477-3893. Follow @RickVelotta on Twitter

Business
Dig This opens new location In Las Vegas
Remember when you were a kid and played with construction toys in the sand box? Dig This Las Vegas has the same idea, except instead of toy bulldozers, you get to play with the real thing. (Mat Luschek/Review-Journal)
Town Square developer Jim Stuart building again in Las Vegas
Las Vegas’ real estate bubble took developers on a wild ride, something Jim Stuart knows all too well. (Las Vegas Review-Journal)
Salon opens at Veterans Village
T.H.E. Salon, owned by Nicole Christie, celebrated their opening at the Veterans Village with a ribbon cutting ceremony.
Southwest Airlines considering Las Vegas-Hawaii flights
Southwest Airlines CEO Gary Kelly says the airline is "very focused" on Hawaii. Hawaiians have a strong presence in Las Vegas.The city’s unofficial status is “Hawaii’s ninth island.” In 2018, at least 2,958 people from Hawaii moved to Nevada. Of those, 88.7 percent moved into Clark County, according to driver license surrender data. According to the Las Vegas Convention and Visitors Authority, 310,249 people came to Las Vegas from Hawaii in 2018.
Fewer Nevadans are celebrating Valentine's Day
Fewer Nevadans are celebrating Valentine's Day. About 1.2 million Nevadans are expected to celebrate this year, a 5 percent drop from 2018. A growing number of people consider Valentine’s Day over-commercialized. Others weren’t interested in the holiday or had nobody to celebrate with. But spending is expected to rise. Those who do celebrate are buying for more people. The average American is expected to spend about $162 this year for Valentine’s Day, a 57 percent jump from a decade prior. Katherine Cullen, director of industry and consumer insights at NRF
Foreclosures of mansions in Las Vegas
Las Vegas was ground zero for America's foreclosure crisis after the housing bubble burst. (Eli Segall/Las Vegas Review-Journal)
Rick Helfenbein talks about the impact of tariffs on the clothing industry
MAGIC fashion convention showcases men's clothing trends
The MAGIC fashion convention has come to Las Vegas at the Mandalay Bay Convention Center to showcase some of the hottest clothing trends for men. (Nathan Asselin/Las Vegas Review-Journal)
Allegiant Air flight attendants learn how to handle a water landing
Field instructor Ashleigh Markel talks about training prospective flight attendants for Allegiant Air getting live training with a raft for a water landing at the Heritage Park Aquatic Complex in Henderson on Monday. (John Hornberg/Las Vegas Review-Journal)
Smith & Wollensky CEO Michael Feighery speaks
Smith & Wollensky CEO Michael Feighery speaks about the new Smith & Wollensky restaurant coming to the Grand Canal Shoppes at The Venetian in Las Vegas.
Smith & Wollensky CEO Michael Feighery speaks
Smith & Wollensky CEO Michael Feighery speaks about the new Smith & Wollensky restaurant coming to the Grand Canal Shoppes at The Venetian in Las Vegas.
Smith & Wollensky CEO Michael Feighery talks about Las Vegas return
Michael Feighery, CEO of Smith & Wollensky Restaurant Group, discusses the restaurant's upcoming return to the Las Vegas Strip.
Apartments to Come to Hughes Center
Developer Eric Cohen discusses his current building project at the Hughes Center office park in Las Vegas, Thursday, Jan. 31, 2019. Caroline Brehman/Las Vegas Review-Journal
Stratosphere to rebrand to The STRAT
The Stratosphere, a 1,150-foot-tall property in Las Vegas will be renamed The STRAT Hotel, Casino and Skypod.
Local designers’ picks for the Las Vegas Market
The trends that local interior designers are noticing at the Las Vegas Market this year. (Rachel Aston/Las Vegas Review-Journal)
Trends in bath products at Las Vegas Market
Camille Herd, the showroom manager for European Bath Kitchen Tile & Stone, talks about the popularity of free-standing bath tubs. (Rachel Aston/Las Vegas Review-Journal) @rookie__rae
Kitchen trends at Las Vegas Winter Market
Las Vegas Winter Market displayed kitchen trends that mirror common dining accessories at Strip eateries. (Rachel Aston/Las Vegas Review-Journal) @rookie__rae
Emerging trends in gifts at Las Vegas Market
Julie Smith Vincenti, curator for the First Look showroom tour on gifts and lifestyle, talks about the emerging trends in those categories for this season. (Rachel Aston/Las Vegas Review-Journal) @rookie__rae
Las Vegas house prices are rising
Southern Nevada home prices were up 12 percent year-over-year in November.
Caesars Republic Scottsdale
Caesars Entertainment Corp. is building its first non-gaming hotel in the United States in Scottsdale, Arizona. (Caesars Entertainment Corp.)
Interior designer Mikel Welch talks about trends for Las Vegas Market
Interior designer Mikel Welch, who also is the on-camera designer for TLC’s Trading Spaces, discusses the trends he sees for the 2019 Las Vegas Winter Market. (Rachel Aston/Las Vegas Review-Journal) @rookie__rae
SHOT Show 2019: MEGGITT Virtual Training
MEGGIT showcases its virtual training system at SHOT Show 2019 in Las Vegas.
MGM delivers 700 meals to TSA workers at McCarran
Chefs at Garde Manger at Mandalay Bay provided 700 meals to federal employees who are affected by the government shutdown. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
SHOT Show 2019: A "nonsemi-automatic” weapon
Brandon Dunham of Nevada-based Franklin Armory show off the company’s new rifle prototype it calls a “nonsemi-automatic” weapon. The gun does not use a gas system to fire.
Las Vegas-based concrete repair company knows how to beat the heat
ART Concrete Solutions, a Las Vegas concrete-repair firm, addresses the challenges of construction in the extreme heat and sun of Las Vegas. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Las Vegas based company brings color to concrete in the desert heat
Semco Modern Seamless Surface, a Las Vegas surface engineering company, knows how to put color in concrete construction in the Vegas heat. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Fun photo booth at World of Concrete
World of Concrete show at the Las Vegas Convention Center sponsored by DeWalt gives conventioneers a chance for photos with giant tools. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
SHOT Show 2019: Laserstar Technologies
Laerstar Technologies showed off their laser engraving machines, that can be used to personalize anything from guns and knives, to medical tools and household items. (Mick Akers/Las Vegas Review-Journal)
World of Concrete Show has big equipment on display
World of Concrete Show has big equipment on display at the Las Vegas Convention Center including an impact crusher, concrete pump and a self-erecting portable concrete batch plant. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Shot Show 2019: Kalashnikov USA shows off new products
Jonathan Mossberg of Kalashnikov USA talks about new products on display at Shot Show 2019 in Las Vegas.
ad-high_impact_4
TOP NEWS
News Headlines
Home Front Page Footer Listing