#StandWithUkraine - Stop Russian aggression against Ukraine.

New gambling technologies | Indian Gaming Tradeshow and Convention

Senior Reporter

The gambling industry never sleeps - new technologies continuously surface at an impressive speed, and it's always worth checking out. Hundreds of gaming industry vendors came together for an unforgettable event at the Indian Gaming Tradeshow and Convention in Las Vegas this July to share the new gambling technologies, some of which are already available across casino floors. 

New gambling technologies | Indian Gaming Tradeshow and Convention
Image: pixabay.com

Everything suddenly halted during the pandemic, but the gaming industry vendors did not let that slow them down one bit. Throughout the year, gaming technologies have been evolving, and this year, creative minds finally got the opportunity to come together and showcase their achievements. The four-day Indian Gaming Tradeshow and Convention that ended Friday had at least 350 vendors representing $10M worth of economic impact for Las Vegas. 

“This is like a celebration of the industry. We’ve been virtual and remote for 18 months, with Zoom calls and all those things. And this is a people business. It’s about long-term, sustainable partnerships...So it’s good to be back, face to face,” said Matt Wilson, CEO of the gaming division for Scientific Games.

Gaming technology companies showcased their recent works on the Caesars Forum show floor and even shared some that are still in the works, awaiting their grand release. Here are some you shouldn’t miss:

Cashless Casino Gambling

Since the pandemic hit, many people became absolutely mortified at the thought of touching cash. And although plastic cards already served as a decent alternative to “deadly” green bills, cashless technologies became a focal point of developers. This concept has already been introduced in the past years, but the demand for touch-less cash prompted a massive acceleration. 

“We had already had a good foundation of customer interest in our IGT cashless technologies...With the pandemic, I mean, literally, the phones started ringing, ‘Hey, how can we implement this?’”  Vice President of Global Communications Phil O’Shaughnessy commented.

So what is cashless gambling, exactly, and how does it work? Cashless gambling offers a system that allows guests to access their funds directly from a gambling machine, eliminating the need to carry cash. 

The process is quite simple: the guests use their casino loyalty club card to transfer funds into a secure digital wallet at the casino or via systems associated with the cashless company. Once funds are added, guests use a PIN to apply funds to any slot machine or gambling game. What’s more, is that withdrawals are included in the system, and players can transfer their winnings to their digital wallets at any point. A casino credit system is now also available for slot machines and select table games. 

International Game Technology, Scientific Games, and Everi are already on the move, offering their services to operators who wish to go cashless. Resorts World Las Vegas casino advertised their implementation of the new cashless technology. Needless to say, this system is a big hit in Nevada.

 Omer Sattar, executive vice president and co-founder of Sightline Payments, expects that three out of every four casinos in the United States will offer some form of a cashless payment system for gaming within the next three years.

Electronic Table Games

Blackjack, baccarat, roulette, and other casino table games are now taking on a ‘new look’ due to yet another pandemic-infused panic. Since social distancing and other mandates took over, casinos have been struggling to find an alternative that would keep players far away from each other while gambling yet maintaining the same experience of authentic table games. Companies like IGT and Pulse Arena came up with a creative solution: game terminals with digitalized screens. 

Some of these electronic terminals don’t resemble the OG game tables in the slightest, but the screens display the entire process to the T. In addition to that, the portable machines have high-quality animated graphics and offer a multi-game feature that will allow players to stay in place and bet on several games at once. IGT is already selling this new invention like a hot commodity. 

“This is a really great solution because you can socially distance. You can space it out as much as you want,” the director of marketing for Interblock mentioned, “A lot of new players are becoming more accustomed to this type of wagering experience...You can sit here and enjoy and learn without really feeling intimidated by some of the more advanced players.”

Jackpot Xpress

Everi, a financial technology solutions company present at the event, also got to advertise a new digital jackpot system called Jackpot Xpress. This new technology allows casino employees to process slot jackpots using a mobile device right at the winning gaming machine. The issue was that typically, a jackpot winner has to wait up to half an hour at the slot machine until the staff comes back with all the required tax documents. 

The goal of Jackpot Xpress is to assist employees in tax forms preparations, gathering the winner’s info, applying withholdings, and selecting a payment method for the transaction. Additionally, Jackpot Xpress can send a player’s winnings to the company’s CashClub digital wallet, allowing the winner to exit the facility without mounds of obvious cash. 

This clever technology will kill two birds with one stone; cut down the waiting time for the winners, and allow attendants to complete the payout process without a hassle. Also, it will open up the slot availability for the next guests to try their luck. 

The Jackpot Xpress trial will take place in May 2021 at the Caesars Palace, located in Las Vegas. If all goes well, it’s safe to assume other Nevada casinos will quickly adopt this new, clever system. 

Whether it’s new games, payment systems, or financial solutions - casino operators are always looking for ways to attract more guests and make their visit unforgettable. Many gambling businesses worldwide are slowly digitalizing almost every aspect of their facilities, which motivates technology geniuses to reach for the stars. The Indian Gaming Tradeshow and Convention event certainly got creative juices flowing for the hundreds of vendors who never fail to impress the world with their ideas. 

Leave Comment

Betting news

Twitch poorly combats illegal gambling | New restrictions
Author
By Rebeka Kulakevich
Views
23

Twitch poorly combats illegal gambling | New restrictions

The ongoing issue of illegal gambling streams on Twitch has seen little to no attention from the site creators until earlier this August. But despite the alarming need for strict measures, a slight regulation has been introduced in order to prevent streamers from engaging in unlawful betting activities. Being that Twitch makes benefits from channels like Trainwreck and xQc, it’s possible that this band-aid solution was proposed in order to silence the complaining public, and allow streamers to carry on with shady, money-making activities.

Request for Internet Service Providers in Australia to block review sites with illegal gambling ads
Author
By Rebeka Kulakevich
Views
11

Request for Internet Service Providers in Australia to block review sites with illegal gambling ads

Hundreds of illegal online casinos in Australia have been blocked over the years due to illegal operations. Yet, they keep surfacing, and review sites are being less than helpful in terms of eliminating the criminal and civil offenses caused by them. Australian Communications and Media Authority (ACMA) reaches out to the country’s internet service providers for backup, as illegal online gambling activities continue posing risks to problem players and those who underestimate the importance of a gaming license on casino sites. AMCA representatives instruct consumers to report unlicensed gambling services.

Cashless gaming prompts concerns | UKGC shares survey results
Author
By Rebeka Kulakevich
Views
16

Cashless gaming prompts concerns | UKGC shares survey results

Anyone born before 1999 will likely remember the joys of playing outside, splashing around in muddy puddles, and occasionally getting a mouth full of sand falling off the swings. Picking random berries off bushes and eating unwashed apples right off the trees didn’t phase anyone in the slightest. Unfortunately, new generations won’t get the luxury to tell the same story, as the ongoing pandemic resulted in fear touching cash. Tech companies put some gas into the development of cashless payments, which casino facilities, especially ones in Nevada, ate right up. Now the UK land-based casinos want to get on board with the new system, but survey statistics show that gamblers aren’t too thrilled about the futuristic payment option.

Popular

Author
By Rebeka Kulakevich
Views
313

Young man climbs over 60 floors of Aria Resort and Casino to protest COVID-19 mandates

Just as Nevada got a taste of freedom after the lockdown, mask mandates went back into effect Friday, this late June. Not many are happy with the reinstated regulations, but very few attempt to push back against the retrogression. However, a 22-year-old man named Maison Des Champs took it upon himself to make a statement, quite a shocking one too. After losing his grandfather to suicide during the lockdown, he began to protest against the government’s infringement on freedom. This Tuesday, Des Champs climbed 60-some floors of the Aria Resort and Casino’s exterior to send a message.

Author
By Rebeka Kulakevich
Views
23

Twitch poorly combats illegal gambling | New restrictions

The ongoing issue of illegal gambling streams on Twitch has seen little to no attention from the site creators until earlier this August. But despite the alarming need for strict measures, a slight regulation has been introduced in order to prevent streamers from engaging in unlawful betting activities. Being that Twitch makes benefits from channels like Trainwreck and xQc, it’s possible that this band-aid solution was proposed in order to silence the complaining public, and allow streamers to carry on with shady, money-making activities.

If you are an iGaming journalist and your passion is to write news articles, don't hesitate! Contact us and publish on Casinority news!
Contact Us