Genting Vegas a road map for cashless casino: AGEM boss
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Marcus Prater is the executive director of the Association of Gaming Equipment Manufacturers. He and James Maida are discussing the future of cashless casinos. They discuss the new technology introduced at the Resorts World Las Vegas. The property was opened in June by a unit of Malaysia's Genting group. It will accept payments via cryptocurrency. The industry has lagged behind traditional industries because of regulatory framework. But the support from Nevada's Gaming Control Board could be a road map for other properties to upgrade their technology.
AGEM is in favour of payment modernisation and new technologies, but there is not consensus among its membership regarding its use. AGEM has 174 member companies spread across 22 countries. American Gaming Association is a partner in the Global Gaming Expo Asia trade show and conference. The American gaming industry is moving towards cashless payment for actual gambling. Credit cards and debit cards are sensitive issues.
