Global Gaming Leaders Focus on Technological Advancements and International Expansion During G2E Keynote.Panelists Reaffirm re·af·firm tr.v. re·af·firmed, re·af·firm·ing, re·af·firms To affirm or assert again. re Their Commitment to Responsible Gaming LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Technological advancements and the international expansion of gaming dominated the discussion at Wednesday's G2E G2E Government to Employees G2E Got to Eat G2E Global Gaming Expo keynote panel as international industry leaders gave their insights on what will define the next generation of global gaming. Moderated by American Gaming Association The American Gaming Association (AGA) is a United States gaming industry association. The AGA was founded in 1995 with the goal of promoting, educating and lobbying on behalf of the gaming entertainment industry through education and advocacy. (AGA) President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Frank J. Fahrenkopf, Jr., the panel also discussed the continued importance of responsible gaming initiatives in the industry's ongoing evolution. Panelists for the keynote session included Peter Dean, CBE CBE Commander of the Order of the British Empire (a Brit. title) CBE n abbr (= Companion of (the Order of) the British Empire) → título de nobleza CBE n abbr (= , chairman of the British Gambling Commission; Terry Lanni, chairman and CEO of MGM MIRAGE MGM Mirage (NYSE: MGM) is a Las Vegas, Nevada-based business engaged in the development, ownership and operation of hotels and casinos throughout the world. The company began operations on May 31, 2000 after the completion of a merger of MGM Grand Inc. and Mirage Resorts, Inc. ; T.J. Matthews, CEO of International Game Technology; Paul Oneile, CEO of Aristocrat Technologies; and Mark Yoseloff, chairman, president and CEO of Shuffle Master, Inc. From server-based games to RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. tracking technology to Internet gaming, the industry leaders on Wednesday's panel agreed technology is changing the way customers enjoy gaming entertainment and the way gaming companies conduct business. They emphasized, however, that new technologies on the gaming floor will not be adopted and become pervasive unless they can offer an improved entertainment experience for the customer. "With server-based gaming, we're moving from a stand-alone [slot machine] environment to a network environment," said Matthews. "New technologies such as this need to take into account what customers are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. and how this new environment can deliver an improved entertainment experience." Oneile pointed to multi-player slot machines as one of the new products that is designed to integrate into the new network environment. "Community games The Community Games is an annual sporting competition held in Ireland for children up to 16 that finishes in a national finals every August, where over 6,000 children compete for their area, town, county and province. are much more than just an experiment," he said. "We're already seeing more community involvement in general, and I expect that will continue." New technology also is changing the way table games are played, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Yoseloff, who expects table games to experience explosive growth in the coming years, from 47,000 legal gaming tables today to 66,000 five years from now around the world. While new electronic and interactive table game products now on the market have not yet seen widespread adoption in the U.S., Yoseloff stated that both the Australian and Asian gaming markets have embraced them. Particularly in Macau, which experts predict will gain approximately 8,000 tables in the next few years, electronic table games could help to ease the enormous staffing needs the added tables will create, he said. When asked how the international expansion of gaming will affect the U.S. market, Lanni offered positive news. "I think international expansion is going to add to our industry here," he said. "As the industry becomes more global, we're going to see an increasing number of international visitors here at home." Fahrenkopf pointed to Britain's approval for its first "super casino" in the country as an example of the international expansion currently under way. According to Dean, the U.K. has created a panel to determine where the new casino will be built; the panel's decision will be reported in January. Once the location has been decided, a competition will be held to determine what operator will be selected to build and run the property. Dean also touched on Britain's efforts surrounding Internet gambling. "We firmly believe that the way to move forward [with Internet gambling] is to regulate," he said. After pointing to the contradictions in the Unlawful Internet Gambling Enforcement Act of 2006, which was signed into law by President Bush in October 2006, Lanni added that regulated Internet gambling might actually have positive implications for problem gamblers. "We will probably be better able to identify problem gamblers online because of the registration and identification processes," he said. "It's harder to identify these people at properties because they can move to different machines." All the panelists asserted their continued commitment to responsible gaming initiatives and talked about the role of those programs in fulfilling their responsibility to all their customers. "We have a responsibility to problem gamblers," Yoseloff said, "and we also have a responsibility to the remaining 99 percent of people to provide a great entertainment experience." G2E is the leading trade event for the worldwide gaming entertainment community, attended by more than 26,000 industry professionals from around the world. The event will run through Thursday, Nov. 16. Global Gaming Expo Global Gaming Expo (G2E) is an annual gaming trade show held in Las Vegas, Nevada, generally in November, at the Las Vegas Convention Center. The show is one of the two major gaming trade shows. (G2E) is the international gaming trade show and conference "by the industry and for the industry." Organized by the American Gaming Association (AGA) and Reed Exhibitions, G2E made its debut in fall 2001, defining itself as the pre-eminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae show for the gaming-entertainment industry. The AGA represents the commercial casino-entertainment industry by addressing federal legislative and regulatory issues. The association also serves as a clearinghouse for information, develops educational and advocacy programs, and provides leadership on industry-related issues of public concern. Reed Exhibitions is the world's leading organizer of exhibitions and conferences. Reed brings together over 90,000 suppliers and more than 5.5 million buyers from around the world every year generating billions of dollars in business. Today Reed events are held in 38 countries throughout the Americas, Europe, the Middle East and Asia Pacific, and organized by 33 fully staffed offices. Reed's portfolio of over 460 events serves 52 industry sectors. Reed Exhibitions is part of Reed Elsevier, a FTSE FTSE A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times. Notes: The FTSE is similar to Standard & Poor's in the United States. 100 company and world-leading publisher and information provider, with revenues in excess of $ 8.4 billion (2004). |
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