The Global Gaming Expo, which is also known as G2E took place in Las Vegas last Thursday. Above all, the word for the online casino operators is that a lot of companies were promoting [speaking highly about| their skill-based games. Furthermore, executives even went as far as to say they feel the future of real money gambling is skill-based gaming. Recently, Blaine Graboyes from GameCo discusses this topic in an article (“New casino games based on popular video games like Pac-Man”) in KTNV Las Vegas news by Bryan Callahan.
Will Skill Based Gaming Become The Future Of Real Money Gambling Online?
So, what did this article about new casino games that are based on old-school popular video games like Pac-Man say? Did the try to make a juxtaposition between skill-based gaming and eSports betting? Well, maybe that is a stretch. Above all, Blaine Graboyes goes on record with the Las Vegas news to say “One of the things for us is to make fun video games people already know and turn it into experiences you can wager on,”
Old School Slot Machines Versus New Video Games You Can Bet On?
After making that statement, he goes onto making a point that the average person playing an old-school slot machine at casinos in Las Vegas is fifty-eight years old. He doesn’t say whether the fifty-eight-year-old person is a man or women. However, he does go onto say the average age of someone playing Gamblit machine is only thirty-six. Moreover, this is a wide gap in ages and does help his premise that the future of real money gambling is in skill-based gaming.
Road Redemption and Pac-Man are popular video games that folks can win money if they “earn money while winning races, annihilating enemy bikers, and causing destruction with a strategically placed C-4,” and High Orbit, a game where players “blow up aliens and asteroids to win cash.”
Skill Based Gaming Is Not Showing A Profit, So Why Is It So Important?
So far, skill-based gaming has not been as profitable than regular slot machines and other old-fashion gambling games. However, people that work at MGM Resorts and Caesars Entertainment appear to feel that skill-based games are still babies. That said, these two Las Vegas casinos invested twenty-five million dollars in skill-based gaming last year. More specifically, MGM and Caesars put their money into “Model G tables and TriStation units from Gamblit”. Furthermore, these are multi-player games that have social interaction and are on a Tristation. Furthermore, these TriStations offer multi-player and single player games such as word games titles like zombie shooters.
In conclusion, we are not sure if the future of real money gambling is in skill based-gaming. However, it is interesting to see where these big casino gambling operators are putting their money. That said, we have seen betting on the outcome of video games [esports betting] grow in popularity. Is this an indication of what the future hold?
The Global Gaming Expo is also referred to as G2E. The American Gaming Association (AGA) puts together this annual trade show is held in Las Vegas Nevada, Nevada. The first G2E was in 2001 and it made a statement as an important conference for the free gaming and real money gambling industry. Usually, there are over six hundred people with exhibits with over one hundred conferences every year.
Las Vegas, Nevada is not the only place where the Global Gaming Expo is held. Have you ever heard of the Global Gaming Expo Asia (G2E Asia)? 2007 was the first year this event was held in Macau