Millennial Esports Corp
Alex Igelman, Founder
Alex Igelman is a lawyer with over 28 years of experience in technology, entertainment and gaming. In 1996, Igelman was the first lawyer to focus on Internet gaming and in this regard was instrumental in the early success of both PartyGaming and PokerStars. Since 2014, Igelman has been focused on eSports. In 2019, he founded Esports Capital Corp (ECC), a new undertaking as managing director. ECC is a company focused on facilitating and curating relevant opportunities in eSports and gaming through its network of experts and advisors.
How do you think gambling environments will change for players on casino floors in the future? What will a casino actually look and feel like in the future?
I truly believe that we are witnessing the beginning of the end of RNG (chance) based gambling. We are seeing this online today with the growth of skill based gambling that caters to a younger demographic who want to have a meaningful gambling experience that is within their control. In my opinion, casinos will eventually morph into multi-sensory entertainment centres that facilitate all sorts of gambling.
Just look at the MSG Sphere that MSG and LVS are building in Las Vegas. Tat is a brilliant rethink of an entertainment venue. Tink of a revolutionary environment like that but throughout a casino floor. Remember, people still will want to gather and be social and that will never change. What will change however is how people will gamble and spend money in these facilities.
To what extent do you think casino floors and environments will need to change in order to attract new players?
Tere has to be a real re-imagining of the casino floor as we know it today. If you walk into any large casino today you see rows and rows of slot machines and I can assure you that this type of environment will definitely not be the casino floor of the future.
P64 WIRE / PULSE / INSIGHT / REPORTS
Do you think that eSports will change the look of casinos?
Esports itself will not change the look of casinos because eSports is simply part of a larger massive shift that has been taking place for years and cannot on its own change anything except possibly sportsbooks and betting shops.
Te pandemic accelerated a general shift from the analogue to the digital world but this shift has specific and serious ramifications for the gambling industry and in particular land based casinos.
What about mobile gambling? Could we see a scenario where players visit a casino but actually gamble on their mobile phones while there?
Absolutely. Tis is where the industry is already heading now and will continue to head. Look at many of the large gaming equipment manufacturers and you will see that they are
trying to adapt to the rapid pace of change in customer tastes.
Te problem is that the gaming manufacturers are doing things in a reactive way not a proactive way. IGT for example makes it easy now to play slots ‘cashless’ but the truth is the patron who takes advantage of this "new" technology doesn't want or need to go to a casino to play a slot game.
I feel confident in saying that the casino floor of the future will likely be a gathering place for like minded people who enjoy gambling as a part of their overall entertainment spend and experience. Tis multi-sensory casino floor environment will encourage and facilitate the placing of wagers and the spending of discretionary income.
One thing for certain is that the casino floor of the future will have an abundance of opportunities for patrons to wager, spend money and enjoy their environment.
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