Friday, January 13, 2017

3 Bold Gaming Predictions for 2017

At the end of every year we make three bold gaming predictions for 2017. We will give a percentage of the likelihood of these predictions coming true.

Number 1 is Online Gaming is approved in Pennsylvania. This came so close in 2016. There is a shortage of revenue and limited resources available to alleviate. We await the appointments of the new members of the Pennsylvania Gaming Oversight Committee. If the legislators selected are familiar with online gaming and fantasy sports, that will expedite the process. We would love to see this in place in time for the start of the 2017-18 NFL season.  Odds of this happening are 75%.



Number 2 is Skill Based Gaming expands in New Jersey and Nevada. While there has been movement in both markets to have these types of games on the casino floor, the interest has not been overwhelming. This is because the industry is still attempting to determine how much to invest in these types of games. Is the demand worth the changing the gaming floor?  We feel it is with the right marketing strategy. The customer base must start to trend younger now.  Odds of this happening are 30%.



Number 3 is Sports Betting Legislation being discussed on Capital Hill. We see the American Gaming Association initiatives to unify efforts and bringing this into the mainstream conversation. This is an issue that crosses political party lines. The public wants it and the new administration comes from a business centric place that embraces it, given the proper controls. While a timeline for enactment is still 2 to 3 years away, the discussion starts formally in 2017. Odds of this happening are 50%.




Check back with us in 2017 and we will update you on how these predictions are trending.


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