Gaming industry leaders took to the mic at G2E 2022 to discuss the most significant industry development and outlooks on 10 October, with American Gaming Association (AGA) President and CEO Bill Miller taking to the stage first.
In his keynote speech, Miller outlined three ways for the American gaming industry to thrive. He said these were: “One; embracing a digital future. Two; protecting and expanding the legal regulated gaming market. And three; doubling down on our commitment to responsibility.”
Miller demonstrated a deep gratitude to the attendees present for their efforts during the pandemic, and how that had resulted in 2022’s G2E nearing pre-pandemic levels. He said that “Our industry is standing strong. We’re coming off an amazing year with some major milestones.
“The Sands deal closed, MGM bought Cosmopolitan, Seminole bought Mirage and San Manuel reopened the Palms. And that’s just what happened here in Las Vegas. Meanwhile, legal gaming continues to expand in new states, and sports betting just keeps marching forward.
“More than half of American adults can now legally bet on sports. Our momentum is undeniable, and many leaders in this room and in other places are responsible for this.”
Miller emphasized the hardship the gaming industry, along with all American businesses, had undergone. He commented: “Gaming faces real challenges. Whether it’s inflation, energy costs, labor shortages or supply chain issues. But despite these, our industry is posting incredible results quarter over quarter and year over year.
“Last year’s record performance was by and large fueled by pent-up demand. But this year, we proved that it wasn’t a fluke. We’ve shown continued strength, and I don’t think that is going to be changing anytime soon.”