The gaming industry is at an inflection point. Its traditional patrons are aging and its new patrons - the Millennials - are not as interested in many of the established casino games. New games, including games of skill, daily fantasy sports, and eSports, are emerging and casinos are taking notice. At the same time, state legislatures and regulators are seeing the value that casinos and gaming can bring to a state and we have entered one of the most permissive regulatory eras in the history of the industry. In order for casinos to survive and thrive in this environment, they will have to establish new strategies for serving these younger patrons, increase the connectivity between their regulatory and strategy business functions, and modify their operating models and business processes to deliver against their vision.This release discusses the opportunities and considerations for the casino industry in this volatile and dynamic time.
Tell Me More is a publication of PwC’s Technology, Media and Telecommunications (TMT) Advisory Risk and Regulatory practice. It provides a Quick Take followed by a thorough analysis of risk and regulatory trends impacting companies in the TMT sectors. Companies in these industries face increasing market, competitive, internal and financial risks from the challenges of managing their complex - and often global - businesses. They also face an uncertain regulatory environment, as regulators across the globe grapple with effectively implement policy objectives in an era of unprecedented change.
Tell Me More is a sister publication to our 3things publication, which provides insights on key regulatory issuances or events impacting the TMT sector. Our TMT Risk and Regulatory team brings a combination of deep industry expertise and an understanding of the evolving regulatory environment to help our clients in these sectors navigate the risk and regulatory complexities of running their business and executing on their strategies.
Chief Revenue and Risk Officer - Advisory Products, PwC US
PwC Connected Solutions Leader, PwC US