East Coast Gaming Recap Commentary

The takeaways from the #ECGC22 involved Sports Betting, I Gaming and Esports. We will give our overview of each.

Sports Betting is the hot button because everyone wanted it. The framework should be uniform but that would take at least 3 years to put in place. The bottom line is no one makes a ton of money from betting on games. You are only as good as the last bet you take or make. A reasonable tax rate and model will make it appealing and profitable. If rate is too high no one will implement it. So states that have a rate similar to Nevada and New Jersey will do well. Mobile should be part of the package along with in game wagering.

I Gaming is the future of casinos. Everything in the social and wagering for money aspects of casino is trending toward an online experience from the phone to your PC. It works with retail so it will work with gaming. The statistics support it and the profit margins offer a great opportunity to expand your gaming brand.

Esports is the girl or guy in the room that you want to ask out on a date but you don't know how. Operators must find how you can make it work and that by just doing it. Trial and Error will show if this works for your organization or not. The amount of money invested in Esports Teams is an indicator that some wealthy and intelligent people see a future in gamers. There is a faction that is considering have Esports as part of the Olympics within the next decade. So Esports is definitely worth a look.

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