Digital and cashless gaming technology viewed as bringing casinos into the 21st century The
Digital and cashless gaming technology viewed as bringing casinos into the 21st century
Games other than cash have been used in slot machines in the casino industry for at least 20 years, but were not accepted by customers at first.
When the first system, ticke t-in ticke t-out title is introduced, the players who have been playing for many years do not notice that the prize money is given in the form of VAuche, not the first money piled in the car. , Confused.
Every Holdings Mike Lamboltz remembers that time. He was Vice Chairman of Casino Data Systems, when he introduced one of the most injured ticket input and output devices. For 20 years, the efforts of Las Vegas's company Ebris are searching for the 10t h-largest game equipment supplier and technology to find a product in the field of no n-cash games and to obtain a foothold in the current growing section. One of the companies.
"The important share is what customers want to arrange," says Lamboltz, remembering the first, but small introduction of cashless games. "The casino adds non-cash-payment when it is recognized by customers, like resale of tickets that have spread in the industry when the guest gets it."
On Thursday, the Nevada Gambling Committee should refer to the second rule configuration on electrical transfer to game and game equipment. According to rea l-time standards, customers can transfer funds from bank cards to games or game equipment, but few facilities have a license.
Sandra Douglas Morgan, chairman of the Gambling Regulatory Council, said that the wording was actually decided.
"This phrase has approved that the benefactor has the ability to apply debit card only in the facility only when funding is made through no n-cashing systems," said Morgan. He added that the system was approved and must be approved by the Council. "
Council's technical stereotype support requests are still applied to no n-cash systems.
Other compositions include daily restrictions on transferring foreign exchange rates, covering the website of the council for gambling tasks in Nevada and reflecting it in the "prominent place" on the device. Report a serious situation to gambling.
State adjustment
The Gambling Connection in the United States even believes that cashless gaming has come. Last week, Washingto n-based industry groups have announced the main principles of solving digital payments at casino s-no n-cash or digital surveys that match most of the casin o-buyers who want to own a chance. Technical game.
However, the epidemic of COVID-19 gained new attention to non-cash games, and AGA laps up the eight basics that modernize payments at casinos nationwide and create a structure for 18 months. Leading general work.
At a Global Gaming EXPO exhibition last year, AGA's general manager Bill Miller said that reorganization of casino-building in cooperation with growing digital universe would be the main goal of the organization. Tim Willmot, a lon g-standing AGA chairman who has retired from the General Manager of a regional operator in December, says "Previous Eat Ea t-like in the gambling industry in the economic project. He said.
In principle, we understand all issues, such as serious attitude toward gambling, adoption of normative acts, safety, selection, comfort, and good intentions of people.
According to mirror sentences, payments other than cash and digital technology are "corresponding to the role of gambling as an advanced industries in the 21st century, and there is no serious layout for such strict adjustments and games. Instead, and our gambling. "
Gambling consultant Brendan Bassman (Global Market Advisor's companion) has led to a nationwide casino closure in mi d-March to promote the technology that is all overwhelmed in other business fields. I think it is binded to freeze the conditions.
"Payments other than cash not only enable the current settlement technology to be applied in all fields in the world of the world, but the millennial generation, which opposed cash, is more interested in casinos. Bassman says that it will definitely be useful. "
Omer Sattar, an executive vice president of Sightline Payments, specializes in digital payment consensus in Las Vegas, believes that a wide range of businesses will be created by expanding games other than cash.
Suttal compared this model to the Starbucks shoppers running barcodes from digital wallets on their mobile phone via a QR reader at the cash register and paying coffee.
"Perhaps up to five companies are participating in the operation," said Satar. "There is no company that can guarantee the payment process with a no n-cash ecosystem."
Nevada of the forefront
For many years, Nevada has not been able to use a credit card with a slot machine.
"Credit cards are especially exciting to the people" in the past, Lambold, a Casino-operator, for example, a manufacturer chairman and CEO (CEO). "Gambling plays with funds, and bank cards are tied to your current account.
The Association of Gaming Equipment Manufacturers (AGEM) trading company supports the proposed composition of the bill to be debated on Thursday.
"Just as we experienced firsthand the effects of ticket-in, ticket-out technology a decade ago, the transition of the gambling environment to non-cash payments will have unflattering benefits," Agem legal counsel Dan Reiser said in a message to the committee. "These outcomes include improved compliance, enhanced public welfare and safety, more reliable and serious gambling candidates and improved operational efficiencies, especially in light of the COVID-19 pandemic."
AGEM executive director Marcus Plater said the composition of the law "should start somewhere, and Nevada has an obligation to arrest the initiative."
Cashless digital system
The Ebri-based company already offers casino kiosks that allow customers to transfer funds directly from their payment cards onto ticket vouchers that can be used at gaming tables and slot machines. The purchaser sets the amount they want.
For casino customers, the company is testing a virtual wallet that allows players to use their own mobile devices to activate slot machines. The application allows for a method of transfer of funds from debit cards to the platform and has the ability to link it with the player's dedication records.
According to Rumbolets text, electric wallets are required for companies in the presence of federal licenses to transfer funds controlled by the Federal Deposit Insurance Corporation (FDIC), which underwrites scores. The company based in Ebri has underwritten these licenses.
Scientific Games and other slot machine manufacturers are also producing mobile wallets as the focus on non-cash and digital technologies increases. According to Sattar a-texts, four slot machine manufacturers, International Game Technology, Scientific Games, Aristocrat Technologies, and Konam i-gaming, provide "95% of all slot machines," and as a result, the mobile portfolio will be unified.
According to rumboil text, adjustments will not be the biggest obstacle on the path from mobile wallets to playgrounds. Casino operators who have no money due to COVID-19 closures may not spend it to modernize their games.
"A mobile phone application that sends money directly to a gaming device requires short-range wireless technology in the slot machine, or a Bluetooth antenna, or something in the account validator," Rumboltz said. "There are several ways to achieve this, but all of them require updating or modifying the gaming device. Again, this is up to the consumer.
AGA's Initiative
Jonathan Michaels, vice president of strategic alliances at AGA, presented a survey that could convince gaming chiefs. He said that 57 percent of casino visitors last year said that digital or contactless payments at casinos are important in relation to the pandemic Covid-19. And 59 percent of casino patrons said they have reduced the frequency of using cash in their daily lives due to coronavirus fears.
The main idea behind digital payment technology is one of choice. Casino operators believe that customers will continue to use cash. Rumboltz believes that despite the desire for digital technology, cash will not go away "until we are completely cashless."
AGA's work began long before the emergence of Covid-19. After sports betting was legalized in May 2018, commercial casino-operators realized they needed to expand mobile betting opportunities.
"After sports betting, we started to have a much greater awareness," Michaels said. "Each group actively discussed tools to prevent reallocation of customer funds. Security, confidentiality, and a responsible approach to gaming were discussed. There is a lot of interest in this industry.
Michaels noted that the problem is that payment laws in many states are "scattered all over the map," some of which were written 20 years ago, "before we even started thinking about online." He added that the principles were developed based on consumer research and input from the industry.
Responsible Gaming and Regulatory Reform
AGA's principle number one is to provide customers with the tools for a responsible betting approach. Most digital options allow customers to track their gaming activity and set cost limits.
Digital payment platforms can provide customers with the tools for a responsible betting approach. Additionally, the technology offers casino operators regulators and law enforcement agencies increased transparency in the fight against money laundering and monitoring financial transactions.
Alan Feldman, a firs t-time gambling research at the Los Angeles University Gambling Research Institute (UNLV International Gaming Institute), said that this technology would provide a "great tool for customers." However, regulatory authorities must request the casino operator so that the "tool" is correctly used.
Furthermore, digital payment technology can provide data to various research on the gambling that analysts are trying to understand, for example, the size of average transactions.
"There should be a requirement that the first two to five years should be provided by certified and research institutions for research," Feldman said, not directly acting for UNLV. 。 "There are many data to clarify gambling problems and other harmful behaviors."
Bassman, a gambling business consultant, has a government regulatory authority, including the implementation of requirements for fighting casinos to fight financial crimes (Fincen). Our Finance Bureau stated that he has the ability to create.
"Leaders in this field need to respect the standards of Finsen from both businesses and regulatory authorities, and make appropriate tools for responsible gambling on all platforms. "In order to secure the operation without interruption of the settlement ecosystem, in order to cooperate with businesses, lawyers, financial institutions, and other major stakeholders. Talent regulations are extremely important.
Howard Stats is a free tank reporter for Nevada Independent paper and an executive editor for CDC gaming reports. Worked as a journalist for 30 years in Nevada. The contact information is [ E-mail Protected]. In Twitter, Alan Feldman, the leading gambling research at the Unlv International Gaming Institute (UNLV International Gaming Institute), states that this technology provides a "great tool for customers." Ta. However, regulatory authorities must request the casino operator so that the "tool" is correctly used.