House Advantage: How Innovation in Payments will Transform the Casino Industry

This event took place on Sunday, October 23, 2022 at 2:55 PM UTC.

Location: Marco Polo, Junior Ballroom, Level 1, The Venetian Casino gaming remains one of the last cash-centric businesses in the United States. But with the rise of sports betting, now legal in more than 30 states nationwide, payments have become an integral part of the growth of the industry. Since 2018 when a federal law prohibiting sports betting was struck down, tens of billions of dollars have been deposited in sports betting accounts, driven by a shift in attitudes towards gambling by banks, card networks, processors and FinTech. This session will talk about the evolution in attitudes from the payments ecosystem towards gambling and how those shifts will transform the modern casino resort experience.