Wednesday, June 1, 2016

East Coast Gaming Congress - Day Two Recap

Day Two of The East Coast Gaming Congress was insightful because the panels were tackling issues that had the old guard vs. 21st Century thinking. I shuttled between Gender Equality in the Gaming Industry and Atlantic City.. And North Jersey?  They were in adjacent areas so I was able to cover both.

Virginia McDowell


The Gender Equality Panel consisted of Jan Jones Blackhurst,Vice President of  Government Relations at Caesars Entertainment, James Allen, CEO of Hard Rock International and Jane Bokunewicz,Assistant Professor of Tourism Management from Stockton University.  The moderator was the esteemed Virginia McDowell, President  and Board Chair of Global Gaming Women. This session should have been held by itself.  The turnout was light but the message was powerful. Women are underrepresented in management positions and are paid substantially less than their male counterparts. But the message and the numbers do not resonate unless they are heard by everyone. Most of the attendees were women and minorities. The data supports that companies that are diverse do better than one's that are not. Companies that have women in position of leadership are making more money than those where only men are present.
 
The Atlantic City ...And North Jersey panel had the most fireworks. The groups were divided by the trio that wanted a gaming expansion into North Jersey and one that was opposed. The Atlantic City group wants to maintain the momentum that they have by citing the increases in hotel occupancy and revenue over this time two years ago. They feel that casinos in North Jersey would derail that growth.
The North Jersey supporters of Jeff Gural and Paul Fireman, the two primary investors of the proposed Meadowlands and Jersey City project respectively, think that they are going after a market that Atlantic City does not have presently. No happy medium was reached.
 
The Casino Floor of Tomorrow gave a glimpse at what everyone thought the future gaming floor would look like. The consensus of this panel was that while we can't forget about our present customers, we must allocate a percentage of our space that will engage a younger crowd.



Geoff Freeman


Geoff Freeman, President & CEO, American Gaming Association, requested that the gaming industry do 3 things. The industry should expose the problems, see the opportunities and unify the stakeholders. This includes Sports Betting and Daily Fantasy Sports.

Part Two of the Day 2 recap will be on my Facebook and Twitter  mediums.


                    Follow me on Twitter, Facebook, Pinterest and Instagram for updates.
                                      
                      You can download my app. Check out thegamingguym.com/
 

No comments:

Post a Comment